Futures drop on housing, spending worries (Reuters)

By Pete Southern in Uncategorized | September 25, 2007 14:00 |

Futures drop on housing, spending worries (Reuters)

A trader works on the floor of the New York Stock Exchange September 24, 2007. (Brendan McDermid/Reuters)Reuters – Stock futures fell on Tuesday as No. 2 U.S. home builder Lennar Corp. posted a sharp loss, suggesting more deterioration in housing, while warnings from two key retailers raised concern about consumer spending.



Source: news.yahoo.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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