Pre-open:
May 27 (Bloomberg) -- Home prices in 20 U.S. metropolitan areas fell in March by the most on record, pointing to continued weakness in the housing market that will further drag on the economy.
Futures have a slight bid as oil drops to 130. Bonds are selling and that triggered a modest bump in the dollar, pushing commodities down. Watch that ten year yield, weekly R1 is at 3.93. Financials are down.
Consumer confidence at 10.
May 27 (Bloomberg) -- Home prices in 20 U.S. metropolitan areas fell in March by the most on record, pointing to continued weakness in the housing market that will further drag on the economy.
Futures have a slight bid as oil drops to 130. Bonds are selling and that triggered a modest bump in the dollar, pushing commodities down. Watch that ten year yield, weekly R1 is at 3.93. Financials are down.
Consumer confidence at 10.
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on Tuesday, May 27, 2008 at 5/27/2008 09:18:00 AM.
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