Forex Blog

October 27, 2009

Stock Futures Remain Flat Ahead of Wall Steet Opening

Stock market futures in New York remained flat as the market waits for reports on home prices and the latest consumer confidence index results. Word on the street is that consumer confidence rose in October to 53.3 from 53.1, but despite an increase, this is still a weak number as an index reading of 90 is considered “solid” while an index reading of 100 is seen as a sign of strong growth.

Associated Press

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