
Deal stocks were mixed Tuesday, and the broader Dow Jones Industrial Average inched downward 16.04 points to close at 12,532.60. A 16-point decline is moderate to say the least considering the news of a 10.7% U.S. housing prices decline in January, representing the biggest drop in a decade, and a consumer confidence decline for March that was the largest in five years. Maybe the Street has become numb to continued dire housing and consumer data, maybe investors perceived the home price skid as a bottom, maybe no news of bank bailouts is good news ... but, it is only Tuesday.
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