Treasurys fall as reports on consumer confidence, housing offer mixed view of the economySeptember 30th, 2009 Treasury prices mostly fall on mixed economic dataNEW YORK — Treasury prices mostly fell Tuesday following mixed data on consumer confidence and housing, two areas that are central to a recovery in the economy. The price of the benchmark 10-year note slipped after five days of gains.
Oil retreats again as supply glut outweighs strength in stock market, worries over jobsSeptember 30th, 2009 Oil prices dip with consumers leery over economyOil prices which had been rising since late last week paused Tuesday on a new report showing that consumers remain leery of job losses and also growing evidence that U.S. crude supplies have grown.
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.
Stocks reverse early gains after disappointing reading on consumer confidenceSeptember 30th, 2009 Drop in consumer confidence pulls stocks lowerNEW YORK — Stocks have reversed early gains and are falling on a report showing Americans are still downbeat on the economy. The Conference Board says 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 expected.
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.
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.
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.
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.
Survey: German consumer confidence rises amid lower prices and stable job marketJuly 27th, 2009 German consumer confidence risesBERLIN — German consumer confidence continues to rise despite the recession, helped chiefly by lower prices and a stable job market, a survey showed Monday. The GfK research group said its forward-looking consumer climate index for August rose to 3.5 points, up from a revised 3 points for July as more people reported expectations of an economic recovery.
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.
Survey: German consumer confidence up amid greater confidence in purchasing power, job marketJune 23rd, 2009 German consumer confidence risingBERLIN — German consumer confidence is rising, helped by an increase in income expectations and a stable job market amid the recession, a survey showed Tuesday. But despite the improvements, research groups continued to slash their growth forecasts, suggesting the downturn is far from over.
Meltdown 101: What is the Conference Board, and why does its Consumer Confidence Index matter?April 28th, 2009 Meltdown 101: What is the Conference Board?NEW YORK — The closely watched Consumer Confidence Index soared in April to the highest level seen since November, according to the Conference Board, which puts out this measure of public sentiment each month. Just what is this Conference Board, and who gets to be a member? Why does their report on confidence matter so much?
Here are some questions and answers about the group.
Stocks fluctuate in narrow range as consumer confidence blows past analyst forecasts in AprilApril 28th, 2009 Jump in consumer confidence gives boost to stocksNEW YORK — Investors are setting aside some of their worries about the economy as a closely watched measure of consumer confidence soars in April. Stocks had been lower on worries about fallout from the swine flu and banks that may need to raise capital following government "stress tests."
But a midmorning report showing a surge in consumer confidence tempered those concerns.
Private research group says consumer confidence soars in April amid hopeful economic signsApril 28th, 2009 Consumer confidence soars in AprilNEW YORK — A private research group says that consumer confidence soared in April amid hopeful signs that the economy is starting to stabilize. The Conference Board says that its Consumer Confidence Index rose 12 points to 39.2, up from a revised 26.9 in March.
German consumer confidence stable amid tentative hopes of recovery, survey showsApril 27th, 2009 German consumer confidence stableBERLIN — German consumer confidence remains steady, though lackluster, as low inflation and energy prices combine with tentative hopes that an economic turnaround may be in sight, according to a survey released Monday. The GfK research group said its forward-looking consumer climate index for May stands at 2.5 points — unchanged from April and March.