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Guest The_Oldie

U.s. Stock-index Futures Drop Before Housing Report

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Guest The_Oldie

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Aug. 24 (Bloomberg) -- U.S. stock-index futures dropped as investors speculated the government will report new home sales fell to the lowest in seven years, prolonging the housing recession and adding to concern economic growth is slowing............
...New home sales probably dropped in July to an annual rate of 820,000 from 834,000 in June, according to the median forecast of economists surveyed by Bloomberg News. The Commerce Department report is due at 10 a.m....

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