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Equities Sector Coverage: Stocks Rally to Recover From Last Week’s Downtrend

Pending Home Sales unexpectedly fell 0.5% in January, but were up 9.2% year over year. Keep in mind that this data series is not adjusted for cancellations. Ben Bernanke gave some dovish comments
Another shoe dropped Wednesday when China raised interest rates for the third time this year. The move will shake up the gateway Hong Kong market at a time when there were mixed signals about a