News Summary: Housing report gives stocks a boost, offsetting disappointing bank earnings

  • by: The Associated Press , Associated Press
  • Updated: January 17, 2013 - 3:55 PM

HOUSING BOOST: A report that showed housing starts climbed at the fastest pace since December 2008 made investors bullish about the economy and gave stocks an early boost. The Standard & Poor's 500 posted another five-year high.

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