Financial Times FT.com

Wall Street boosted by strong housing data

By Kiran Stacey

Published: March 17 2009 14:38 | Last updated: March 17 2009 20:01

US stocks staged a financials-led rally on Tuesday on housing data that was much better than expected.

Figures showing that building had started on many more houses than expected during February gave equities the spur to continue the rising trend of last week.

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