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(Image from article: "U.S. home sales climb at fastest pace in 10 months")

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U.S. durable goods orders rise, jobless claims ease

New orders for long-lasting U.S. manufactured goods saw their biggest gain in 16 months in April and fewer workers filed for new jobless benefits last week, according to data on Thursday that suggested the deep recession was abating.

U.S. Stocks Rise Sharply

Markets rebound following report that durable goods orders showed an unexpected increase.

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U.S. home sales climb at fastest pace in 10 months

New orders for long-lasting U.S. made goods rose in February for the first time in seven months and new home sales rebounded, government reports showed on Wednesday, suggesting the economic downturn might be easing a bit.

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