Showing posts with label new home sales. Show all posts
Showing posts with label new home sales. Show all posts

Friday, March 23, 2012

NCAA:Ohio Almost Prevails;So Too the Market

The Ohio Bobcats almost dealt the North Carolina Tarheels' hopes a fatal blow Friday night at the NCAA Midwest Region semifinals in St.Louis.Walter Offut could have scored a 3-point shot to win the game for Ohio,but,in the end,he missed and the Bobcats had to settle for a 2-point that sent the game into overtime.
This put a great burden on the Bobcats and they were unable to deliver,already tired by the effort needed to match the #1 Tar Heels.North Carolina won 73-65,led by Tyler Zeller and his hefty 20-point,22-rebound performance.
Disappointing home sales figures,as well as concern over slower Chinese and European growth,held the stock market back this week.The S&P 500 Index slid 0.50% on the week,although still up a strong 11.09% on the year.Next week will see few reports.Durable goods orders and personal income and spending numbers will be evaluated.On Friday evening,the S&P futures climbed a modest 5.20,and bond index futures also made an ascent.
Update:North Carolina will play Kansas on Sunday at 5:05 pm Eastern on CBS.

Friday, March 18, 2011

Mama Bear Resists Tranquilizer

A mama bear shook off tranquilizer when she was darted by Maryland Department of Natural Resources biologists at a housing development in Deep Creek Lake.The mother was worried about her three cubs,which she had given birth to under a resident's back deck.The biologists felt it wasn't a safe place for them to dwell and were attempting to relocate the bruins to nearby Savage River State Forest.Finally,a few more darts did bring her down.She and the cubs were taken to a temporary den in the forest sporting their new ear tags so the officials can keep records on them.
The stock market couldn't shake off the newsy week and ended up modestly lower,with the S&P down 1.9.Many other Americans couldn't shake it off,either,besieged by media coverage of the Japanese catastrophe to the point of irrational reactions to the nuclear crisis 5,000 miles away.
Monday was looking more promising,with the S&P futures climbing 5.40,while 10-year Treasury bond prices fell.New and existing home sales data will draw attention from investors next week.