
Thebullishtrends: U.S stocks turned mixed today after the weak consumber and home data. The S& P/Case-shiller index showed home prices in 20 key markets dropped 10.7% in January, the biggest drop on record. Another report showed that consumer confidence slumped to 64.5 in March, from 75 in the previous month. Shares of Thournburg Mortgage surged after the company announced that it will rasie $ 1.35 billion in bonds in a private placement to avoid filling of bankruptcy. But many of financial sector stocks Merrrill Lynch, Lehman Brothers, declined on heay selling pressure. U.S light crude oil for May delivery rose 4 cents to $ 100 a barrel on the New York Mercantile Exchange. Dow lost 2.77points (+0.02%) at 12,551.41 points. NASDAQ gained 12.53 points (+0.54%) at 2,339.28 points and S&P gained 5.20 points (+0.39%) at 1,355.08 points.
