US July new home sales disappoint with 2.4% rise

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September new home sales data increased than the expected figure.The figure shows the liquidiy problem have not going to an end in near term.
ET Release For Actual Briefing.com Consensus Prior Revised From
New Home Sales Sep 464K 445K 450K 452K 460K
Dow jones started with flat and at noon showed some strength, but could not hold it upto the closing time.