MONEYLINE
HOME PRICES UP ROBUST 6.2%
U.S. home prices climbed 6.2% from a year ago amid strong demand from would-be buyers and a shrinking supply of properties for sale. Standard & Poor’s said Tuesday its S&P CoreLogic Case-Shiller national home price index in October stood a solid 6% above its 2006 peak.
OIL PRICE HITS $60 A BARREL
Oil prices surged Tuesday on reports a pipeline explosion in Libya disrupted a chunk of the country’s crude supply. International benchmark Brent crude rose 2.8% to $67.06. U.S. West Texas Intermediate crude futures jumped $1.50, or 2.6%, to $59.97, having traded as high as $60, the best level since June 2015.
BITCOIN BACK ABOVE $16,000
Bitcoin rallied Tuesday, recovering from a sharp selloff last week. It briefly climbed to above $16,100 Tuesday, according to Coinbase, the leading U.S. platform for trading major digital currencies.