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国际英语新闻:S&P, Nasdaq close at 2010 lows on global slowdown concerns

2010-07-01来源:和谐英语
Adding to the pressures, U.S. consumer confidence fell sharply in June amid the gloomy labor market. According to another report from the Conference Board, its Consumer Confidence Index dropped to 52.9 in June from 62.7 in May, while economists were expecting the reading to slip to 62.

A separate report showed U.S. home prices rose in April, but failed to provide support for the market. The S&P/Case-Shiller home price index, which measures home prices in 20 large metropolitan areas, rose 0.8 percent, boosted by the expiration of the federal first-time home-buyer tax credit.

Investors fled to safety assets, sending the dollar, gold and Treasuries higher. Yields on two-year Treasury notes fell to the lowest on record on Tuesday.