US Home Prices and Consumer Confidence Improve, UBS Plans to Sue Nasdaq (PFE, FB)

There was not much movement in the stocks on Tuesday as most investors await policy decision from the Fed at the end of the week. The major US indices finished slightly lower on the day, although both home prices and consumer confidence showed improvements in their recent reports. Shares of Facebook (FB) continue to hit record lows and British oil company BP (BP) reported a lower than expected loss. Pfizer (PFE) announced better-than expected second-quarter earnings and Apple (AAPL) saw gains after word that the company maybe considering a stock split.
The US dollar ended lower against both the euro and Japanese yen today.

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Published on Jul 31, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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