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.
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.
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.
US stocks fall despite housing gainsSeptember 29th, 2009 NEW YORK - US stocks fell Tuesday amid a drop in consumer confidence and concerns about unemployment, even as data showed housing prices soared in July by the most in four years. Consumer confidence dropped fell to 53.1 points from a revised 54.5 in August, amid rising unemployment, the New York-based Conference Board said Tuesday.
US stocks end week lower after five days of gainsSeptember 11th, 2009 NEW YORK - US stocks edged lower Friday after five straight days of gains, signalling some lingering concerns about the economy among investors despite upbeat consumer confidence figures. An index by the University of Michigan and Reuters found consumer confidence climbed to 70.2 in September from 65.7 in August, beating analysts' expectations.
Stocks rally after jump in consumer confidence, Bernanke's reappointment as Fed chairmanAugust 25th, 2009 Stocks rally after jump in consumer confidenceNEW YORK — Stocks are rallying after a report that shows consumers are starting to feel a little more confident about the economy. The Conference Board's Consumer Confidence index rose to 54.1 this month from 46.6 in July and far above the 47.5 reading analysts expected.
Consumer sentiment improves more than expected to 54.1 in AugustAugust 25th, 2009 Consumer sentiment up more than expected in AugustWASHINGTON — Consumer sentiment rose more than expected in August, an indication that Americans' pessimism about the economy may be lifting. The New York-based Conference Board says its Consumer Confidence index rose to 54.1 from an upwardly revised 47.4 in July.
Stocks open modestly higher as investors look to build on market's recent momentumAugust 24th, 2009 Stocks open higher, investors build on momentumNEW YORK — Investors are building on last week's momentum that sent major indexes to their highest levels of the year, pushing stocks higher in early trading. The moderate advance Monday follows gains in overseas markets.
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.
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.
Sensex slips on weak Asian cues, profit bookingJuly 1st, 2009 MUMBAI - Weak markets elsewhere in Asia and profit booking prompted a fall in a key index of the Indian equity markets, which dipped more than 35 points Wednesday from its last closing figure, after having risen in early morning trade. Investors chose to book profits, resulting in the benchmark index of the Bombay Stock Exchange (BSE), the Sensex, to fall sharply after opening higher at 14,506.43 points.
US stocks rise after sharp jump in consumer confidenceMay 27th, 2009 NEW YORK - Stocks climbed more than two percent across the board Tuesday following a dramatic leap in consumer confidence to 54.9 in May, an eight-month high and a steep rise from 40.8 in April. Wall Street's three benchmark indices gained for the first time in five sessions, spurred by optimism that the worst of the recession is over.
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.
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.