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MarketWatch for Friday, August 30, 2013

If you're keeping on top of the stock markets this morning, Friday, August 30, 2013...
If you're keeping on top of the stock markets this morning, Friday, August 30,  2013...

The Nikkei is down 71 points today in Tokyo.
The Dow closed up 16 points Thursday.
The Nasdaq rose 26.

Positive economic news is lifting the markets as investors head in to the last trading day of the week.
Fears about a possible military strike in syria have subsided slightly, while world leaders determine a course of action.

Cash is king in real estate.
According to Realtytrac, all-cash purchases made up 40 percent of home sales in July.  That's up from 35 percent the previous month.
Cash buyers are mostly retirees, the wealthy, or property-flippers.  But experts say none of the those groups can sustain the housing recovery in the long run.

The U.S. Treasury Department is issuing regulations allowing legally married same-sex couples  to file joint federal tax returns.
The move implements tax aspects from June's Supreme Court ruling striking down part of the Defense of Marriage Act.    

Gas prices are inching higher heading into the Labor Day weekend, when 34 million Americans are expected to hit the road.
The average price for a gallon of regular is $3.56.
Gasoline is starting to follow oil prices, which hit a two-year high this week with fears of supply disruptions in the Middle East.


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