Market Flash; Market mixed to Positive

Breakfast Bites; The markets opened in measured territory this morning as a lukewarm home price index report for January could not dampen some of the momentum from yesterday when the markets reached some of the best levels in 4 years. Stay tuned at 10:00 when Consumer Confidence and The Richmond Fed comes out (I will be in a meeting)

  • Home prices in 20 U.S. Cities dropped 3.8%, a slower pace in January, pointing to some stabilization in the real estate market

  • The overall confidence index for France rose to 87 in March from 82 in February, while economists had been expecting an unchanged reading

  • Consumer Confidence is at 10:00, expected to be relatively stable vs. the previous reading of 70.8

  • The Richmond Fed Manufacturing Index is also due out at 10:00 expected to contract a little to 18 from 20