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Wall Street falls after housing, factory data

US stocks waver after weak US economic data

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fell on Thursday after data showed sales of existing homes fell unexpectedly last month, while a measure of factory activity in the mid-Atlantic region was below forecasts.

The Industrial Average dropped 60.17 points, or 0.46%, to 12,972.58. The Standard & Poor's 500 Index fell 5.36 points, or 0.39%, to 1,379.78. The Composite Index dipped 3.93 points, or 0.13%, to 3,027.52.

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Markets post best gains in 3-months on Fed optimism

The market breadth was firm. Out of 2,933 stocks traded , 1,685 stocks advanced compared to 1,136 declined on BSE

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