U.S. stocks end session higher but fall on the week

4:30 pm ET May 25, 2007

DJIA

13,507

+66.15

S&P

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+8.22

NASDAQ

2,557

+19.27

10Yr

4.86%

+0.004

U.S. stocks end session higher but fall on the week

NEW YORK
U.S. stocks ended a quiet pre-holiday session higher on Friday, even as
the market posted weekly losses, as investors saw weaker-than-expected
existing home sales as boosting chances that the Federal Reserve will
cut interest rates.

Economic Report: U.S. existing home sales drop to 4-year low in April

WASHINGTON
Resales of U.S. homes fell 2.6% in April to a seasonally adjusted
annualized rate of 5.99 million, the slowest pace in four years, the
National Association of Realtors said Friday.