Exelixis (EXEL) is the Barchart Chart of the Day. The biomedical company has a Trend Spotter buy signal, a Weighted Alpha of 140.20+ and gained 179.17% in the last 6 months.
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NEW YORK (AP) — Markets rose in the U.S. and Europe on Tuesday following a report that business was expanding in the 19 countries that use the euro. U.S. homebuilders rose following a big jump in sales of new homes last month. Best Buy soared after the electronics retailer reported a surge in profit as online sales increased. (full story)
WASHINGTON (AP) — Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping support the residential real estate market. (full story)