10-27-09 Daily Small Cap Market News and Stock Highlights
Stocks are moving higher after a new report showed home prices rose for the third consecutive month in August
The gains came a day after investors uneasy about the strength of an economic recovery pummeled stocks for the second straight day and for the fourth time in the last five days.
Overseas, Asia markets fell overnight following declines Monday in the U.S. In Europe, markets have steadily advanced throughout the day.
The Standard & Poor’s/Case-Shiller home price index, which measures housing prices in 20 major metropolitan markets, rose 1 percent in August from July, marking the third straight monthly improvement.