Commodities hold steady after reports show drop in consumer confidence, rise in home pricesSeptember 30th, 2009 Commodities little moved amid mixed economic dataNEW YORK — Investors are holding back on making any big bets on commodities amid mixed signals on the economy. Prices for gold and other commodities are little changed after a private group reported a surprising drop in consumer confidence.
Stocks waver as market absorbs mixed news on home prices and consumer confidenceSeptember 30th, 2009 Stocks waver on housing, consumer confidence dataNEW YORK — The latest batch of mixed economic data is making it difficult for stocks to take direction. Stocks wavered early Tuesday after the Conference Board said its consumer confidence index fell to 53.1 in September, down from 54.5 in August, and much lower than the reading of 57 that economists had been expecting.
Private research group says consumer confidence retreats in September amid job worriesSeptember 30th, 2009 Consumer confidence unexpectedly falls in Sept.NEW YORK — Cconsumers' confidence in the economy falls in September as Americans' worries about job security offset any enthusiasm about the rally in the stock market. The Conference Board says that the Consumer Confidence Index now stands at 53.1, down from the revised 54.5 reading in August.
Oil falls to near $68 in Asia as US crude inventories unexpectedly jumpSeptember 23rd, 2009 Oil falls to near $68 as US crude supplies jumpSINGAPORE — Oil prices dropped to near $68 a barrel Thursday in Asia as an unexpected jump in U.S. crude inventories suggested consumer demand remains in the doldrums.
Consumer sentiment improves more than expected; Home prices post 1st increase in 3 yearsAugust 25th, 2009 Consumer sentiment improves; Home prices riseWASHINGTON — Consumer sentiment rose more than expected in August, and home prices in a closely watched index posted their first quarterly increase in three years, more signs that the economy is on the rebound. The New York-based Conference Board says its Consumer Confidence index rose to 54.1 from an upwardly revised 47.4 in July.
Summary Box: Consumer sentiment improves, while home prices rise for first time in 3 yearsAugust 25th, 2009 Summary Box: Consumer sentiment, home prices upWHAT HAPPENED?: Consumer confidence improved more than expected in August, and a nationwide gauge of home prices rose for the first time in three years, a sign the housing sector is stabilizing. WHAT DOES IT MEAN?: Improved consumer sentiment and higher home prices could mean consumers will spend more in the coming months, providing a much-needed boost to the economy.
Gold, silver buoyed by weaker dollar; Oil prices fall sharply after recent surgeAugust 25th, 2009 Metals mixed as dollar falls; Oil drops sharplyNEW YORK — A weaker dollar helped lift gold and other precious metals Tuesday, but industrial metals and oil prices slumped. Gold for December delivery rose $2.30 to $946 an ounce on the New York Mercantile Exchange, recouping some of the previous day's losses as the dollar dipped against other currencies.
Oil price falls on unexpected US consumer confidence dropAugust 14th, 2009 NEW YORK - Oil prices tumbled nearly 5 percent Friday as US consumer confidence fell unexpectedly in August. Oil's losses came after the Reuters/University of Michigan said that the consumer sentiment index decreased in August, boosting doubts about demand recovery and pressuring oil price to its three-week low of $67.12 a barrel.
Weak consumer confidence report, stronger dollar sends commodity prices fallingJuly 28th, 2009 Drop in consumer confidence weighs on commoditiesNEW YORK — Prices for most commodities fell Tuesday amid a stronger dollar and a report suggesting consumers are still nervous about the economy. Metals and energy prices took the biggest beatings after The Conference Board said consumer confidence weakened more than expected in July.
Most US stocks fall on low consumer confidenceJuly 28th, 2009 NEW YORK - Most US stocks edged lower Tuesday after a private group reported an unexpected setback in a benchmark consumer confidence survey. The New York-based Conference Board's consumer-confidence index fell to 46.6 in July from 49.3 in June on concerns about the job market.
Stocks fall as July consumer confidence falls; investors remain cautious about mixed earningsJuly 28th, 2009 Stocks slide as July consumer confidence fallsNEW YORK — Jitters about the economy are putting the stock market rally on hold again. Stocks fell moderately Tuesday after a private research group said consumer confidence fell more than expected in July.
US dollar mixed, gold falls in European morning tradingJuly 22nd, 2009 US dollar mixed, gold falls in European tradingLONDON — The U.S. dollar was mixed against other major currencies in European trading Wednesday morning.
US stocks fall as consumer confidence dipsJuly 1st, 2009 NEW YORK - US stocks fell Tuesday as a key consumer confidence index dipped unexpectedly, signalling ongoing pessimism about the US economy. The New York-based Conference Board said its index of consumer confidence fell to 49.3, down from a May figure of 54.8 that was revised downward slightly by 0.1 points.
Dollar advances as consumer confidence falls in June; investors await ECB rate decisionJune 30th, 2009 Dollar advances as consumer confidence fallsNEW YORK — The dollar rose slightly Tuesday after a private research group said consumer confidence unexpectedly fell in June. The 16-nation euro bought $1.4042 in late New York trading, down from the $1.4086 it bought late Monday.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
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