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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (741379)5/24/2006 3:37:17 PM
From: PROLIFE  Respond to of 769670
 
Stocks drift despite upbeat rate outlook

By CHRISTOPHER WANG, AP Business Writer

NEW YORK - Stocks fluctuated in nervous trading Wednesday despite the latest round of economic data reinforcing views that the Federal Reserve would soon stop raising interest rates.


A sharp drop in April orders for big-ticket manufactured items drove hopes that the Fed has lifted rates enough to slow a robust economy. And while the Commerce Department also reported an unexpected jump in new home sales last month, overall housing demand continues to fall gradually after five years of record sales...

news.yahoo.com