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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (6492)10/29/2002 10:08:27 AM
From: Return to Sender  Read Replies (1) | Respond to of 95536
 
Unexpectedly high drop in Consumer Confidence G: Consumer confidence much weaker than expected. The Conference Board's confidence index plunged to 79.4 in October from 93.7 in September, much weaker than the 90.0 consensus and an even bigger decline than the 5.5 drop in the Univ of Mich index. This report will increase market fears that consumer spending growth will eventually slow, though past declines in confidence this year haven't been followed by spending weakness. The market is under pressure on this report: Dow -72; Nas -17.

finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+CSCO+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+QCOM+TER+TSM+TXN+UMC+XLNX+SMH+^VIX+^SPX+^IXIC&d=t

Meaningless data in this report but the market is struggling to maintain its positive bias these last few weeks because it has increased selling pressures.

RtS