11. In the U.S., traders will focus on consumer confidence reports, orders for durable goods, home sales and the final first-quarter measure of economic growth. 12. On Friday, the University of Michigan publishes its confidence report. 13. On Wall Street, Treasury bonds held early gains after the retail sales and consumer confidence reports confirmed the outlook for sluggish growth. 14. Prices of Treasury securities dropped Tuesday following a higher-than-expected consumer confidence report, which suggested that inflation could accelerate. 15. STOCKS DECREASE BROADLY AGAIN Stocks plunged as investors responded to the consumer confidence report. 16. The confidence report dampened hopes that U.S. interest rates will be cut again soon. 17. The consumer confidence report reconfirmed for some investors that the economy is headed for a mild recession. 18. The home-sales and consumer confidence reports did not have a big impact in financial markets. 19. The housing and consumer confidence reports are among the few economic indicators released in recent days. 20. The peseta opened higher and then slipped after the German business confidence report boosted the deutsche mark. |
|