US STOCKS-Stocks jump after home sales data, Bullard comments
* Bullard says Fed should keep MBS program longer
* Existing home sales up more than expected
* U.S. dollar falls, lifting commodities
* Indexes up: Dow 1.5 pct, S&P 1.8 pct, Nasdaq 2 pct
* For up-to-the-minute market news, click [STXNEWS/US]
(Updates prices, adds data)
By Ryan Vlastelica
NEW YORK, Nov 23 (Reuters) - U.S. stocks rose on Monday, with the S&P on track to break a three-day sell-off, after data showed existing home sales rose to their highest level in 2-1/2 years and investors were reassured by a Fed official's comments.
A survey from the National Association of Realtors showed sales of previously owned U.S. homes rose 10.1 percent in October. The Dow Jones U.S. Home Construction index gained nearly 2 percent. For details, see [ID:nN23249040] Continued...
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