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Reuters - Construction starts on new U.S.
homes rose by a surprisingly strong 8.2 percent in April and
applications for new building permits turned up for the first
time in five months, the Commerce Department said on Friday in
a report showing the hard-hit housing sector still had some
spring vigor.
AP - Wall Street headed for a modestly higher open Friday, with investors nervous about new record highs for oil prices but relieved about a surprising jump in new home construction.