The Conference Board reports consumer confidence rose to 81.4 in June from 74.3 in May – beating estimates of 75.4.
The Commerce Department reports sales of new, single-family homes rose 2.1% in May from April to an annual rate of 476,000 units. Wall Street expected sales to come in at an annual rate of 462,000 units. The reading was the highest since July 2008.
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