| Updated:
New York Report: Housing data lifts Wall St
WALL Street yesterday was lifted by the US housing sector and strong earnings from Home Depot overshadowed lingering concerns about the conflict in Ukraine..
The Dow Jones industrial average rose 80.85 points, or 0.48 per cent, to 16,919.59, the S&P 500 gained 9.86 points, or 0.5 per cent, to 1,981.6 and the Nasdaq Composite added 19.20 points, or 0.43 per cent, to 4,527.51.
Home Depot rose 5.6 per cent, its largest daily percentage gain since May 2009, to close at a record $88.23.
Shares of Lowe’s Cos, a Home Depot rival, rose 2.1 per cent to $51.52.
Apple hit $100 for the first time since its seven-for-one stock split in June, giving the iPhone maker a market capitalisation of over $600bn. It ended at $100.53 for the day, up $1.37.