Stocks (^DJI, ^GSPC, ^IXIC) are rallying at the midday mark, with the real estate sector (XLRE) leading the way up and utilities (XLU) the most in the red. Keith Bliss of Cuttone & Co., joins us live from the New York Stock Exchange.
Home buyers facing housing shortage
Shopping for a house? You’ve got some competition. The latest homebuilder survey released this morning says buyer traffic is having the best run since the 2009. And homebuilder confidence still remains high, though the reported level of 68 was a few points short of expectations. Nevertheless, there are many signs that the housing market, particularly for single family units, is getting extremely tight.
Here’s what to expect from Facebook’s huge F8 conference
Facebook’s huge F8 developer conference kicks off on Tuesday. That’s when Mark Zuckerberg & Co. unveil all the latest apps and gadgets they’ve been working on for the past year, including, Messenger, WhatsApp, Instagram, Oculus and more.
T-1 to tax day
Tuesday is tax day, and millions of Americans still haven’t filed their taxes. That’s after the season got off to an especially slow start. The last-minute surge is expected to be even more than last year when 29 million people filed within the last week.