martes, 29 de septiembre de 2009

U.S. STOCKS-Futures fall awaiting housing and consumption data

The future of U.S. stocks down slightly on Tuesday as investors awaited data on home prices and consumer confidence, after strong gains the previous session.
Economists expect the Consumer Confidence Index Conference Board show a reading of 57 in September, up from 54.1 in August, according to Reuters.
Despite the improvement, the reading is still considered far from being healthy, since it suggests that there is continuing concern among consumers for any economic problems. The data will be published at 1400 GMT. The S & P / Case-Shiller Home Price U.S. for July is scheduled for 1300 GMT. Economists estimate that prices rose 0.5 percent in July compared to 1.4 percent in the previous month.
The energy sector is likely to recede, after the fall of crude oil futures. A weak demand picture that could be reinforced by weekly inventory data on U.S. fuel, condemning the crude to yield 0.3 percent.
Stock futures in the S & P 500 and Dow Jones industrial average fell 2 units and the Nasdaq 100 fell 6.25 points.

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