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Markets Rise on Better Housing Data; M&A Activity Persists

Markets closed higher Tuesday amid the release of housing data which underscored the ongoing economic recovery despite being slightly below expectations. M & A activity continues a pace with Walt Disney agreeing to acquire Maker Studios, a leading network of online video content on YouTube, for $500 million. Traders have refocused on economic data as geopolitical risks such as Ukraine and the outlook for Chinese growth are digested by investors. Jane Searle speaks with Mark Newton at the NYSE.