Housing industry takes a back seat to unemployment, which seem to be a factor in the market movements in the past week. Though it is surprising that the higher than expected unemployment claims did not cause a negative reaction from investors. When asked about the three straight days of gains many traders opine that the market gains has been driven by program trades. They may have a point. The DOW closed up The Dow rose 120.71
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K. Reilly
Cohn-Reilly Report / News-Flash
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