Strong consumer demand outweighed supply chain disruptions and labor shortages in the home builder confidence, according to the October edition of the Housing Market Index (HMI) published by the National Association of Homebuilders (NAHB) and Wells Fargo (NYSE: WFC).
Amazon.com Inc (NASDAQ: AMZN) is trading higher Friday in sympathy with strength in the overall market following strong bank earnings this week, as well as a rise in retail sales.