Tuesday's Bloomberg Market Report

By: Saadia McConville Email
By: Saadia McConville Email
  • DJ Industrials: Down 42.55 to 14,932.41
  • S&P 500: Down .88 to 1,614.08
  • NASDAQ: Down 1.09 to 3,433.40

Here are the headlines from Tuesday's Bloomberg Market Report.

The Dreamliner may finally be back in the air, but Boeing's troubled jet is still facing problems. According to flightaware.com, recent trips by United's six Dreamliners were canceled almost four times more than other jets. United is the only U.S. operator to use the Dreamliner.

There's a new signal of strength in the homebuilding market. Almost 36 percent of new U.S. homes sold in May weren't yet under construction, close to a seven-year high. An economist tells Bloomberg that demand will carry over to other industries, triggering spending on everything from cement to furniture; boosting hiring and expanding economic growth.

A growing number of dads are taking on the sole role of parenting their children. a Pew study released Tuesday finds single-father households have grown over the last half century, twice the pace of single moms. Pew said the figures mark an evolution of men not only as breadwinners, but caregivers as well.


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