Wall Street rallies as home prices jump

Stock markets soared after data showed consumer confidence climbed to the highest level since 2008 and home values jumped the most in seven years, Bloomberg writes.

Nine out out 10 S&P 500 groups advanced, paced by a 1.4% rally among financial shares. 

The S&P rallied 1% to 1,665.68, while the Dow Jones Industrial Average rose 156.59 points, or 1%.

 

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3d rendering of a row of luxury townhouses along a street

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