Posted by | January 17, 2013 16:47 | Filed under: Top Stories

Data on housing starts and jobless claims drove stocks to a five-year high.

The Dow Jones industrial average .DJI was up 84.79 points, or 0.63 percent, at 13,596.02, according to the latest available figures. The Standard & Poor’s 500 Index .SPX was up 8.32 points, or 0.56 percent, at 1,480.95. The Nasdaq Composite Index .IXIC was up 18.46 points, or 0.59 percent, at 3,136.00.

By: Cheston Catalano

Cheston Catalano is a Kentucky-based journalist whose work has been featured in the Chattanooga Times Free Press and the Clarksville Leaf Chronicle. He is a long-time contributor to Liberaland.