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May 20, 2008

US futures sag on PPI, Fed speech, Home Depot – MarketWatch- About: News

Filed under: Uncategorized — Tony Spann @ 3:45 pm

Producer prices including food and energy prices rose a smaller-than-expected 0. Soaring gasoline and food prices have also claimed a bigger portion of shoppers’ budgets, leaving them with less money to spend on discretionary purchases or big home-improvement projects, analysts said. Meanwhile, top members of the Senate Banking Committee reached an agreement on legislation to help the housing market and impose tougher rules on mortgage-finance giants Fannie Mae and Freddie Mac. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . read more

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