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Wysłany: Śro 22:25, 29 Gru 2010 Temat postu: U.S. stocks slip on downbe asics running shoes sal |
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U.S. stocks slipped on Tuesday as the latest reports on home prices and consumer confidence disappointed investors.The S&P/Case-Shiller index showed that home prices in 20 metropolitan regions fell 1 percent in October from the previous month,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], a much steeper drop than economists had expected. The latest data also marked the fourth straight decline for home prices,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], showing the housing market was still struggling since home- buyer tax credits expired earlier this year.
Meanwhile,[link widoczny dla zalogowanych], the consumer confidence data also came in weaker than expected. According to the Conference Board,[link widoczny dla zalogowanych], consumer sentiment slipped to 52.5 in December from an upwardly revised 54. 3 in November while analysts were expecting a moderate jump.
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