Monday, April 30, 2007

Stocks mixed after weak economic data

11:40 am ET Apr 30, 2007

DJIA

13,129

+8.78

S&P

1,493

-0.15

NASDAQ

2,551

-5.64

10Yr

4.63%

-0.064

Stocks mixed after weak economic data

NEW YORK
U.S. stocks were mixed on Monday, as investors weighed a slew of data
revealing not only tame inflation but also weak spending, manufacturing
and construction data, while upbeat earnings from Verizon Communication
and a share buyback from Merrill Lynch failed to provide much support.

Economic Report: U.S. consumer spending sluggish in March

WASHINGTON
Consumers may have come into March roaring like lions but they certainly
left the month like lambs.

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