By Melanie Hunter
CNSNews.com Deputy Managing Editor
July 27, 2004
(CNSNews.com) - Consumer confidence rose to a two-year high in July, the fourth consecutive monthly gain, the Conference Board reported Tuesday.
New home sales, meanwhile, dipped down 0.8 percent in June after setting a record sales pace in May, according to the Commerce Department.
Because of the June decline, sales of new single-family homes slipped down to an annual rate of 1.33 million units, still the second-highest level on record, following the all-time high sales pace of 1.34 million set in May.
Stocks opened higher Tuesday prompted by strong earnings from Verizon Communications. Investors were emboldened by Verizon's bullish second-quarter earnings and positive outlook.
The market had been in a slump for four weeks over concerns about stalled economic growth and a series of second-half profit warnings.
The Dow Jones Industrial average opened at 9,981.16, up 19.24 points or 0.19 percent. The Standard & Poor's 500 Index was up 1.73 points or 0.16 percent, at 1,085.80. The Nasdaq Composite Index was up 6.23 points or 0.34 percent at 1,845.25.
"The natural family is a man and woman bound in a lifelong covenant of marriage for the purposes of:
*the continuation of the human species,
*the rearing of children,
*the regulation of sexuality,
*the provision of mutual support and protection,
*the creation of an altruistic domestic economy, and
*the maintenance of bonds between the generations."
posted on July 27, 2004 04:21:49 PM new
Thanks Bear I was getting ready to post this...
Good news and now is not the time to change the great leadership this country now has for someone that will kowtow to that inept Org known as the UN... and worse try to force forms of socialism down our throats...
AIN'T LIFE GRAND...
Homosexuality is a choice that can be corrected...
