The Joplin Globe, Joplin, MO

Business

June 19, 2012

Jump in housing starts sends stocks higher

NEW YORK — U.S. stocks are opening higher on better news on the housing front.

American builders broke new ground on more single-family homes in May and requested more permits to build homes and apartments than they have in the past three and a half years. The increase suggests the housing market is slowly recovering.

Traders are also hopeful that the Federal Reserve will come up with plans to jumpstart the economy during its two-day meeting which starts today.

The Dow Jones industrial average opened up 73 points at 12,815 Tuesday. The Standard & Poor’s 500 index rose eight points to 1,352 and Nasdaq composite rose 17 points to 2,912.

 

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In an effort to curb prostitution, St. Louis police are targeting, and perhaps humiliating, the "johns" who use the services. Postcards mailed to the homes of those charged with trying to pick up prostitutes will offer a reminder about spreading sexually transmitted diseases, along with listing the court date. Do you think this is a good approach?

A. Yes.
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