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Midday report from MarketWatch Radio Network

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Thu, 2 Sep 2010|

The latest money news from Alisa Parenti.

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Tags:

  1. National Association of Realtors0:42
  2. S&P0:03
  3. NASDAQ0:01
  4. marketwatch0:57
  5. jobless claims0:11
  6. Georgia0:17

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Automatically Generated Transcript (may not be 100% accurate)

The Dow is up six points NASDAQ rising thirteen S&P higher by five. Markets flat despite several positive reports for investors to consider this morning. Among them first time jobless claims were down last week and retailers turned in better than expected sales figures for August. Georgia Anderson of retail wired dot com says high end stores and discounters are the real standouts.

Opposite ends are doing really well those states -- focus on the low end -- market. Consumers or both economically pressed that you're doing very well and those that. They cater to the upper -- to do very well.

The other positive news out today pending home sales for July rose more than 5%. According to the National Association of Realtors. Better but still not good because the indicator shows the market for existing home sales is still depressed. Nothing depressing about gold futures they're very close to a record high now. I'm -- pretty from the newsroom at marketwatch.com.

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