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Dow hits new record as home prices rise

The Dow closed at a new all-time high Tuesday after strong gains in US home prices and consumer confidence boosted stocks. At the closing bell, the Dow Jones Industrial Average was up 108.05 (0.71 percent) to 15,411.15, a new all-time high. The S&P 500 put on 10.58 (0.64 percent) to…

Auto industry could lead U.S. economic recovery: survey

DETROIT (Reuters) – The auto industry could lead an economic recovery in the United States, according to a recent survey by audit, tax and advisory firm KPMG. Auto executives plan to do more hiring and more capital spending than executives in any other sector in the next year, according to…