Initial Jobless Claims came in at 386,000, higher than expected and still above the 350,000 recessionary threshold. Existing Home Sales declined 2.6% to an annual rate of 4.48 million, below

New Home Sales for February fell 1.6% to an annual rate of 313,000. The inventory of new homes remains at a record low of 150,000 units. The Dow Jones Industrial Average traded down to a morning