Filed under: Before the bell, International markets, Market matters, Economic data, Oil, Housing

U.S. stock futures declined Wednesday morning a day after stocks mostly fell on mixed economic data and some earnings disappointments. Today is another busy day of earnings and economic releases, including durable goods orders and new home sales.

On Tuesday, U.S. stocks fell for a third straight session after a surprise drop in consumer confidence. Despite a good housing report, and even as the Dow’s oil giants and IBM (NYSE: IBM) saved the Dow from finishing in the red (BP (BYSE: BP) on good earnings, and IBM increased its share repurchase plan), tech staged a selloff and the Nasdaq composite fell 1.2%. The S&P 500 fell 0.3%.

Continue reading Before the bell: Stocks set to drop ahead of more data, disappoinging earnings

Before the bell: Stocks set to drop ahead of more data, disappoinging earnings originally appeared on BloggingStocks on Wed, 28 Oct 2009 07:45:00 EST. Please see our terms for use of feeds.

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This entry was posted on Thursday, October 29th, 2009 at 3:56 am and is filed under Real Estate and Housing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.