News Update: Consumer Confidence Plummets in June Dow Spirals Lower (CAT,BA)
Автор: TradeTheTrend
Загружено: 2010-06-29
Просмотров: 51
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6/29/2010-According to a report from the Conference Board, confidence among US consumers declined in June, more than forecasted, as Americans grew pessimistic about the outlook for the labor market and the economy.
The index plummeted to 52.9 this month from a revised 62.7 in May, according to the New York-based private research group.
Economists, on average, were expecting the reading to decline to 62.5.
All Dow components are in the red following the report, with Caterpillar (NYSE:CAT) and Boeing (NYSE:BA) among the biggest losers, off 4.2% and 4.0%.
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