7-22-21 MMC/MM Closing Bell/Karr Episode
Title: Home sales - Closing Bell
Episode Summary: Home prices hit record high; Internet outage hits major websites; Twitter posts strong earnings
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This is the Marketplace Minute. I’m Meghan McCarty Carino.
STORY 1
Stocks rose a bit Thursday.
The Dow bumped up just under one tenth percent.
The S&P gained two tenths percent.
And the NASDAQ climbed about a third of a percent.
STORY 2
Home prices hit a record high in June … according to the National Association of Realtors. Despite more properties on the market … prices increased about 23 percent over the previous year … driven by low mortgage rates and pent up demand thanks to the pandemic.

STORY 3
High traffic websites from Amazon and Airbnb to major airlines went down mid-day Thursday. The outage was linked to a content delivery network on the east coast. The sites weren’t down for long … but it’s the third major internet outage to strike big websites in the last few months.
STORY 4 *** CUT THIS FOR PUBRADIO VERSION ***
… And Twitter reported its fastest revenue growth since 2014 last quarter. The social media platform debuted its first subscription service ... which includes an audio chat function … and a button to UNDO Tweets.

***CLOSE
I’m Meghan McCarty Carino with the Marketplace Minute.