Apr 27, 2012, 11.20 AM IST

Housing, profits lift Wall St, Amazon up late

MARKETS-USA-STOCKS:Housing, profits lift Wall St, Amazon up late

Source: Reuters
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Housing, profits lift Wall St, Amazon up late
By Caroline Valetkevitch


NEW YORK (Reuters) - U.S. stocks rose for a third day on Thursday after upbeat housing data and stronger-than-expected results from companies, including Citrix Systems Inc , overshadowed some high-profile earnings misses.


An index of pending home sales rose to nearly a two-year high in March, sending the Philadelphia Stock Exchange index of housing-related shares <.HGX> up 3 percent. Shares of homebuilder Lennar climbed 5.7 percent to $27.38.


The stock of PulteGroup Inc , the No. 2 U.S. homebuilder, soared 10.1 percent to $9.58 after it reported a narrower-than-expected loss and its biggest increase in new orders in seven years.


After the closing bell, shares of Amazon.com

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