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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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Stocks Soars as House Prices Jump

Written on June 29, 2011 by Japhet Writ

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U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April.

Last Tuesday, US stocks rallied, as investors applauded for an increase in home prices for the first time in nine months. Dow Jones was up with 145 points, S&P climbed 17 points, and Nasdaq added 41 points. In addition to these, S&P’s shares were led higher with Nike’s 10% increase in profit and sales. The athletic shoe-maker now sees strength in its Chinese and other overseas markets.

Moreover, S&P’s home price index from Case-Shiller – one of the leading gauges on the housing market – rose to 0.7% last April. However, D.A. Davidson & Co.’s chief investment strategist – Fred Dickson – doesn’t believe that this report represents a housing market bottom.

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