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Good Economic News and the Dow Goes Down

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

With weekly initial jobless claims, durable orders and pending home sales being released today, S& P futures were moderately higher.  Oil surged above the $50 per barrel level and gas prices which have increased of late are still $.50 less per gallon than they were last Memorial Day weekend.  Durable good orders showed promising gains and pending home sales were the highest in a decade.  Just when you think stocks should have gone up, the Dow closed down 23 points.