Wednesday, July 28, 2010

Wall St down on consumer gloom despite strong earnings

Wall St down on consumer gloom despite strong earnings
Weaker-than-expected consumer confidence reversed early stock gains fueled by strong corporate earnings on Tuesday, leaving indexes slightly lower.
Read more on Reuters via Yahoo News
Consumer Confidence Mitigates Earnings Enthusiasm
Stocks ended the day mixed as a weak consumer confidence reading mitigated some initial enthusiasm over some solid earnings reports, [...] http://bit.ly/cNWj3Z

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