Stocks Cautiously Higher After Bullish Housing Market Data

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The S&P 500 came within a hair of a new record high Friday with bullish housing market data and upbeat earnings from retail stocks encouraging early strength in equities. But gains were tempered by risk-averse investors worrying over this weekend's Ukraine presidential vote -- an election that could trigger retaliatory action from Russia. Next week's heavy economic calendar, that includes GDP and two separate consumer confidence indices, also hangs over markets ahead of a three-day holiday weekend. The sectors were nearly evenly split between gainers and losers, although strength in the tech sector on names like Apple ( AAPL ) and Hewlett-Packard ( HPQ ) helped the Nasdaq outperform.




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This article appears in: Investing , Commodities

Referenced Stocks: AAPL , HPQ

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