capital wednesday, page-2

Late sell off.

SPI down 21 atm.

4:10 PM New York – U.S. indexes wavered after consumer sentiment edged lower but held near one-year high and metropolitan home prices fell for the fifth month in a row. Prices declined in 17 of the 20 cities tracked. World markets extended gains and crude oil prices edged lower.

Stocks in New York pared gains after consumer confidence edged lower in March and metropolitan home prices fell in January. Investor sentiment is at the highest in the last six months and expectations of further gains in the market are strong across professional investors.