US Indices Slide Upward on Tuesday, Consumer Confidence at Five Month Low

On Tuesday, home price data distracted investors from the eurozone debt crisis, allowing US markets to be just barely positive at the end of the day. US consumer confidence continues to drop and reached a five-month low. The dollar made a small gain against the euro but fell against the yen. In Europe, Moody's cut its debt ratings in Spain for 28 banks and both Spain and Italy saw borrowing costs soar. News Corp., who owns The Wall Street Journal, considers splitting its businesses in two and Google (GOOG) unveils its plans to release its own tablet to compete with Apple's (AAPL) iPad and Microsoft's (MSFT) Surface.
Facebook (FB) names Sheryl Sandburg as its chief operating officer and first woman on the company's board.

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Published on Jun 26, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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