WRAPUP 3-US April durable goods orders fall,home sales up

Newswire

(Updates with market close, adds housing data revised down) By Mark Felsenthal WASHINGTON, May 24 (Reuters) - New orders for U.S.-made durable goods tumbled an unexpectedly large 4.8 percent in April but new home sales rose above expectations, government reports showed on Wednesday. The reports' conflicting signals on the economy added to investor concerns about higher inflation and slower economic growth. Some analysts noted that in spite of gains in new home sales in April, ...

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