Wednesday, December 30, 2009

United States Session News

US S&P/ CS Home Price Index

US S&P/ CS Home Price Index for October came in at 146.56; lower than the forecasted 147.00 and the prior revised reading of 146.65 from 146.51, while for the year ending October the S&P/ CS Composite – 20 came in at -7.28%, which is lower than the predicted reading of -7.20% but higher than the prior revised reading of -9.27 from -9.36.

US Consumer Confidence worse than forecasts
US Consumer Confidence for December came in at 52.9; worse than the market forecasts of 53.0 but better than the prior revised reading of 50.6 from 49.5.
US Stock Market

Despite today's cheerful U.S data, knowing that the world's superpower consumer confidence of this month inclined and an index of home prices in 20 U.S cities showed that prices have climbed considerably, demonstrating clearly that the country's economy is successfully continuing its economical revival, however the U.S stocks closed in red as a result of declines in energy and technology companies

The Dow Jones Industrial Average index Shed 1.67 points or 0.02% to close at 10545.41, The Standard & Poor’s 500 Index Shed 1.58 points or 0.14% to close at 1126.20, The NASDAQ Composite Index Shed 2.68 points or 0.12% to close at 2288.40.

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