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U.S. Stocks Falling as Housing Data Stoked Worries about Interest Rates


U.S. stocks are falling after housing data stoked rate fears Story by • 10h ago — Stocks were falling at the start of a holiday-shortened week after housing data stoked worries about interest rates. U.S. single-family housing starts jumped 21.7% in May from the prior month its highest in more than a year, and permits issued for future construction also climbed, indicating that the housing market may be turning a corner. At 12:06 ET (16:06 GMT), the Dow Jones Industrial Average was down 306 points or 0.9% while the S&P 500 was down 0.7% and the NASDAQ Composite…

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