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U.S. Day Ahead: Signs of house prices stabilizing

Tuesday, November 29, 2011 - 02:11

Reuters Correspondent Jason Lange says the S&P/Case-Shiller index looks like it could be settling with home prices possibly rising in 2012.

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Here is you're US day ahead that helped the housing sector will be under a microscope when the S&P Case Shiller Index. Comes out at 9 AM I have ours says expect prices to remain weak dropping by a third of a percent in September. That would be the steepest fall in six months but Reuters correspondent Jason -- says there's some optimism in the market. Lot of economists think the prices could stabilize sometime next year that's important because people are scared of violent when prices are falling. Or they can't move because they've lost equity in their homes -- -- prices stabilize the economy get a little bit more support from the housing sector. There's also -- sentiment data on tap -- AMC's the release of consumer confidence for November. That's set to grow modestly from a -- of about forty to 44. Back in October confidence hit -- two and a half year low as Americans fretted about their job and income prospects. Before the market -- we'll find out of diamonds aren't investor's best friend with third quarter results from Tiffany. -- -- says it should see earnings of 62 cents a share that would be surprised the upside. And a half percent when compared to the mean estimate judging from the sales and -- results last week. -- shoppers are still spending despite price increases. Industry Bellwether UnitedHealth holds its annual investor -- in new York at 8 AM the largest US help venture is set to talk more about it 2012 earnings projection. Which barely met Wall Street's target last month CEO Steven Helmsley also outline considerable challenges. Including a weak economy and price competition. Get more inside into the that went to voting members take to the podium. And San Francisco the central bank's vice chair Janet Yellen gives her take on the recovery. At 11:30 AM. We'll also hear from Minneapolis fed president -- on its silicon on monetary policy -- talking in Stanford California. At 8 PM. I'm -- shots there this is writers inside.

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U.S. Day Ahead: Signs of house prices stabilizing

Tuesday, November 29, 2011 - 02:11