US STOCKS SNAPSHOT-Wall St gains ground after housing data

NEW YORK, July 26 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) gained ground on
Monday after data showed sales of new single-family homes
rebounded in June from the prior month’s record low.

* Markets also got a lift from FedEx Corp (FDX.N: ) after the
bellwether raised its earnings outlook, sending its stock up
more than 4 percent. For details, see

* The Dow Jones industrial average (.DJI: ) gained 53.21
points, or 0.51 percent, to 10,477.83. The Standard & Poor’s
500 Index (.SPX: ) gained 6.41 points, or 0.58 percent, to
1,109.07. The Nasdaq Composite Index (.IXIC: ) added 10.09
points, or 0.44 percent, to 2,279.56.

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(Reporting by Leah Schnurr; Editing by Padraic Cassidy)

US STOCKS SNAPSHOT-Wall St gains ground after housing data