Averages slipping about an hour into trading
2016-08-30 10:32:45
Stock futures drifted during the pre-market trading session, leading to an uneventful open for the broader market. The Case/Shiller 20-City home price index showed home prices rose 5.1% in June from the same period a year ago. A reading of consumer confidence jumped to an 11-month high of 101.1. However, about an hour into trading, the averages have weakened a bit, with the Dow recently down about 60 points, the Nasdaq down 8 points and the S&P down 5 points.