Monday, April 30, 2007

U.S. stocks fall on weak data; April ends on record gains

4:30 pm ET Apr 30, 2007

DJIA

13,062

-58.03

S&P

1,482

-11.70

NASDAQ

2,525

-32.12

10Yr

4.63%

-0.068

U.S. stocks fall on weak data; April ends on record gains

NEW YORK
U.S. stocks fell on Monday, as investors consolidated some of the hefty
gains posted in April, while weighing a slew of data revealing not only
tame inflation but also a weakening economy.


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.

Vacation-home sales set record in 2006; investment deals tumble

CHICAGO
A sharp drop in investment-home sales offset a record number of
vacation-home purchases to bring down the overall share of second-home
purchases in 2006, the National Association of Realtors reported
Monday.

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