The Case-Shiller home price index report is reporting tepid single-family home sales for January. Prices dropped by a more than expected 0.8 percent, killing any chance of continuing yesterday?s rally this morning.
Though Federal Chairman Ben Bernanke is scheduled to speak in about three hours. So, he could sneeze and tank the market for the day, or he might burp and send the Dow soaring.
I guess it all depends on the jittery investors and if their skies happen to be falling this morning and the March consumer-confidence report later today.
Get your morning stocks here or here.
-Chris Quinn
This entry was posted in Economy, Financials and Investing. Bookmark the permalink.The Case-Shiller home price index report is reporting tepid single-family home sales for January. Prices dropped by a more than expected 0.8 percent, killing any chance of continuing yesterday?s rally this morning. Though Federal Chairman Ben Bernanke is scheduled to speak in about three hours. So, he could sneeze and tank the market for the [...]
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