Tuesday, April 28, 2009

Quick Overview

  • The Standard & Poor’s/Case-Shiller index of home prices dropped 18.6% from February 2008. For the first time in 16 months, the decline was not a record.

  • The Conference Board's index of U.S. consumer confidence rose more than forecast to a five-month high of 39 from 26.9.

  • YoY Japan’s retail sales fell 3.9% in March

  • Canada said that there were 11.9 million hogs April 1st, down 8.6% YoY

  • (Reuters) - U.S. regulators have told Bank of America Corp and Citigroup Inc they may need to raise more capital following stress testing of the two banks, The Wall Street Journal reported.

  • U.S. Senator Specter to seek re-election as a Democrat.

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