Existing homes sales increased 1.0% to an annual rate of 4.870 million units for December 2013. Initial jobless claims rose 1,000 to 326,000 for the week ended 1/18.

• Existing home sales increased 1.0% to an annual rate of 4.870 million units for December 2013. The annual rate is still down 0.6% from a year ago.

• Initial jobless claims rose 1,000 to 326,000 for the week ended January 18th.