Senior Vice President Chris Keith has the market analysis for Tuesday, June 26. Markets were back on the winning side as the Dow Jones Industrial Average, the S&P 500 and the NASDAQ Composite all posted modest gains. The lift was due to investors refocusing away from the trade war, turning their attention to strong oil prices—thanks in part to sanctions on Iran—and a good earnings report from home-builder Lennar Corp. Additionally, new data show that home prices nationwide rose 6.4% year-over-year in April. In other news, GE’s stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. is up after the announcement that the company will spin-off its health care, oil and gas divisions as part of a major restructuring.
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