Existing-Home Sales, Leading Economic Indicators Rise

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Aug. 21 (Bloomberg) -- Purchases of previously owned U.S. homes unexpectedly rose 2.4 percent in July to a 5.15 million annual pace as low borrowing costs and an increase in inventory drew buyers. Separately, the Conference Board’s index of U.S. leading indicators, a gauge of the outlook for the next three to six months, increased 0.9 percent last month. Scarlet Fu reports on Bloomberg Television's "Market Makers"

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