The Conference Board released its consumer confidence report which unexpectedly decreased to 53.1 in September, below the consensus estimate that predicted a reading of 57.0.
The S&P/Case-Shiller Home Price Index came in better than expected, showing that home values dropped just 13.3% year-over-year in July, compared to the 14.2% expectation.
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The Dow Jones Industrial Average lost 47 points (0.5%) to close at 9,742, the S&P 500 Index dropped 2 points (0.2%) to 1,061, and the Nasdaq Composite fell 7 points (0.3%) to 2,124. Crude oil fell $0.13 to $66.71 per barrel, while the Bloomberg gold spot price gained $1.15 to $992.20 per ounce.
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