Economic Report: Housing starts rebound in September after sharp drop in prior month

Brandon Bell/Getty ImagesStory developing. Stay tuned for updates here.The numbers: Construction of new U.S. homes rose 7% in September to an annual pace of 1.36 million units after a sharp drop in the prior month, the Commerce Department said Wednesday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post : Penske Automotive raises dividend to boost yield above 2%
Next post : Spirit AeroSystems stock surges after production support agreement with Boeing in wake of quality issues with the 737 Max