A soft print in New Home Sales takes some of the starch out of an early stock rally, the S&P...

|By:, SA News Editor

A soft print in New Home Sales takes some of the starch out of an early stock rally, the S&P 500 +0.3%. Seasonally adjusted sales were off 7.3% from November, but higher by 8.8% Y/Y. Sales in 2012 were 19.9% higher than 2011, the strongest gain since 1983. XHB flat.