Stocks Mixed on Falling House Prices and Consumer Sentiment (BP, WAG)

Major indices were slightly down today, as negative economic data was released. Consumer confidence was reported to fall this month, from an indexed value of 71.6 in February to 70.2 in March. House prices fell in January, according to the Case-Shiller index. In corporate news, BP (BP) announced that it would be leasing 84,000 acres of land in Ohio for the purposes of oil and gas production. Walgreens (WAG) had a rough Q2, due mostly to its split from the Express Scripts pharmacy network.

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Published on Mar 27, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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