Posts Tagged ‘technical outlook for stocks’

Stocks Sink, but Some Investors are Optimistic

By Kristina Zurla Landgraf • Nov 19th, 2008 • Category: Broker Commentary, Market Updates

Stock index futures are down in early trade after more somber news from the housing front. U.S. housing starts and permits for future construction both dropped to record lows in October, signs the housing downturn may extend into a fourth year. The Commerce Department reported residential construction starts fell 4.5 percent in October, while building [...]