Scoreboard: Home sales headache

Wall Street ended flat on disappointing new home sales figures, while European markets responded well to upbeat data and corporate earnings.

US economic data: New home sales fell by 8.1 per cent in June -- the biggest decline in almost a year. US jobless claims fell by 19,000 to 284,000 -- the lowest level in nearly eight and a half years. US Flash PMI fell from 57.3 to 56.3 in July, below analyst expectations for a reading of 57.5.

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