Wall Street edges up after consumer, home price data
Stocks gained modestly on Tuesday, as better-than-expected consumer confidence data offset a separate report showing flat home prices in October.
The S&P/Case-Shiller composite index of home prices in 20 metropolitan areas was unchanged in October, while December consumer confidence improved slightly more than expected to hit a three-month high.
Resource shares got a boost from the weaker U.S. dollar <.DXY>, with Freeport-McMoRan Copper & Gold Inc
If the broad S&P 500 ends the day higher, it would be the index's seventh straight positive session. Stocks have mostly inched up in recent days, as investors focus on 2010. The S&P 500 has shot up almost 25 percent for the year, but gained only 3 percent during the seven-day run.
The Nasdaq was flat as Apple Inc
The Dow Jones industrial average <.DJI> added 30.08 points, or 0.29 percent, to 10,577.16. The Standard & Poor's 500 Index <.SPX> edged up 1.92 points, or 0.17 percent, at 1,129.70. The Nasdaq Composite Index <.IXIC> was up 0.69 points, or 0.03 percent, at 2,291.77.
(Editing by Jeffrey Benkoe)
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