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U.S. single-family homebuilding, permits surge to more than 13-year high

U.S. single-family homebuilding raced to a more than 13-year high in September, cementing the housing market's status as the star of the economic recovery amid record-low mortgage rates and a migration to the suburbs and low-density areas in search of more room for home offices and schooling.

Stimulus bets drive Wall Street higher

Wall Street's main indexes climbed on Tuesday on growing signs that U.S. lawmakers were making headway in their talks over stimulus to support an economic recovery from the impact of the COVID-19 pandemic.

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