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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%4:00 PM EST

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To: Jacob Snyder who wrote (42339)12/31/2008 12:37:42 AM
From: Jacob Snyder  Read Replies (4) of 95520
 
U.S. consumer confidence fell to an all-time low in December after a moderate increase last month, a report released Tuesday said. The Conference Board, a private research group, said its index of consumer confidence for December moved to 38.0 compared with a revised reading of 44.7 in November.
online.wsj.com

Home prices in 20 major U.S. cities declined at the fastest rate on record, depressed by mounting foreclosures and slumping sales. The S&P/Case-Shiller index declined 18 percent in the 12 months to October, more than forecast, after dropping 17.4 percent in the year through September. The gauge has fallen every month since January 2007. bloomberg.com

$8.85 trillion held in cash, bank deposits and money- market funds is equal to 74 percent of the market value of U.S. companies, the highest ratio since 1990 bloomberg.com
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