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HW 30, markets rise modestly

Despite light post-holiday trading, gainers hold

The HW 30 (HW 30), the HousingWire index of firms driving the U.S. housing economy, saw modest gains on light trading through most of the post-Christmas Day session.

Along with the other markets, the HW 30 was higher by early afternoon trading, up 0.29% as of 2:40 p.m. ET. The Dow was pushing to record levels – up 122 points or 0.75% – while the Nasdaq was up 0.29% and the S&P 500 rose 0.48%.

Traders seemed optimistic on upbeat jobs numbers for the week ending Dec. 21 and the adjustment to the coming tapering of QE3.

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