Market Wrap for Wednesday, July 24: Stocks Largely Lower Despite Jump in New Home Sales
July 24, 2013 at 16:13 PM EDT
Despite a report which showed that new home sales in the U.S. are at a 5-Year high, the stock market was largely lower on Wednesday. The losses, however, were modest and the Nasdaq actually finished slightly positive on the day. Investors dumped commodities and U.S. Treasuries on the session while