mark: michael kors is announcing a partnership with mclaren honda racing team.bout theew talking u.k. flagship store. sales have home crossed the bloomberg. let's head to the markets desk with julie hyman. julie: we did see new home sales a decline in estimated -- but a decline more than estimated. it was 6% month over month. we got the index of leading economic indicators that felt by 2/10 of 1%. economists were forecasting a gain of 4/10 of 1%. but reaction to the housing number, you can look at the s&p home and, still higher on the day. we will continue to watch homebuilders to see how they are reacting to that. there was an interesting chart that looked at the number of homes being sold that are about 300,000. that percentage of the total has been rising and we will see how that shakes out in this particular month. let's take a look at the major averages. onaking abroad, it is a risk kind of day. look at the a groups on the move on the bloomberg. utilities is the only group trading lower. that is the only small, red slice of the pie. financials are getting t