Tuesday, April 28, 2009

Consumer Confidence Improved

The Consumer Confidence Index rose from an upwardly revised 26.9 in March to 39.2 in April, well above the estimate of 29.9. Along with the improved overall reading, consumer confidence about the present situation and expectations for the next six months improved.

The Dow Jones Industrial Average lost 8 points (0.1%) to close at 8,017, the S&P 500 Index fell 2 points (0.3%) to 855, and the Nasdaq Composite declined 6 points (0.3%) to 1,674. Crude oil fell $0.22 to $49.92 per barrel, and gold decreased $12.37 to $894.13 per ounce.

Magnificent Seven Update


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