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Existing Home Sales Rise 2.3% in July

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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
Duration 0:57
Date Aug 22, 2012

This transcript is automatically generated

It's a very modest loss for the stock market this morning on very low volume again remember it is August the Dow Industrials down 29.

At a -- -- -- would -- projections from the CBO.

If no deal is reached over for the so called fiscal cliff and we go over that cliff tax increases and spending cuts and all.

Then it says the CEO will go back into recession.

We also got existing home sales numbers fairly small improvements still a very slow rate of home sales an amount that at this point.

Individual stocks Williams-Sonoma up vague reply -- buying expensive kitchen gadgets rate sales up 7% -- up 10%.

Express is down says it will make less money this year expressed by the way is -- clothing store I don't.

Now to a company that's more my speed at Sunrise Senior Living it -- assisted living facility is it bought out a 1450 shaft itself.