U.S. consumer confidence index fell U.S. stocks fall further cited.

<P>: Http://finance. Hearing, Council 27, the U.S. economy that, due to falling house prices, higher oil prices and the recent Wall Street turmoil, the U.S. March consumer confidence index slipped to 107.2, compared with February's 110.2 .four-point decline, the dollar fell, the Dow ended down 71 points. .In addition, there are a number of economic data this week will be released, including durable goods orders, GDP, personal income and so on. .</ P> <P> consumer confidence index dropped from high of five years </ P> <P> a private report showed U.S. Twenty cities in January house prices fell for the first time in at least six years, and the Fed .report shows that regional manufacturing index fell in March, also makes the weak dollar. .Cases due to concerns about subprime mortgage defaults increase, the U.S. March consumer confidence index fell from five-year highs. .Interest rate futures show, Fed on Aug. 6 and 7 meeting, the probability of a yard to cut interest rates to 69.4%, consumer confidence before the announcement, the probability was 64.5%. .Fed Chairman Ben Bernanke is scheduled for Wednesday (28) for the hearing, expected to respond to the plight of the relevant sub-prime impact on the economy. .</ P> <P> Council also pointed out that in March the expectations index dropped to 93.8 from February's 86.9; present situation index increased slightly from February's 137.1 to 137.6. .According to council from five thousand U.S. households by the sample survey in March that a good index of the economic situation, from 2 months fell to 28.3%, 28.7%; that the situation is bad and in February the same, remained at 14.9%. .</ P> <P> in the labor market, that work hard to find the index in February rose 17.9% to 19.1%; but that many jobs from February 27 .. 8% to 30.5%. .Pessimistic about the short-term future of the index in February rose 8.2% to 9.8%; that the situation will improve in February from 15.9% to 14.5%. .</ P> <P> U.S. dollar against the euro </ P> <P> as the consumer confidence index fell sharply, an increase of the Federal Reserve (Fed) cut interest rates the possibility of pressure on the dollar. .Dollar against the euro and the dollar fell against the yen. .</ P> <P> analysts said, a number of reports show the economy weakening, the pressure on the dollar. .Decreased by 0.2% to 1.3349 dollars against 1 euro, the dollar fell 0.2% to 117.94 yen. .</ P> <P> significant gains in the yen against the dollar. .U.S. stocks fell, indicating that investors on the carry trade, confidence has not fully restored, so the yen rise. .Refers to the so-called carry trade, borrowing low-yielding currencies - such as the yen, the currency switch to higher investment income or assets. .</ P> <P> German Ifo agency announced the March business confidence index unexpectedly rose to 107.7, 106.5,2 forecast for the month fell to 107.0. .After the release of the data, the euro rose. .</ P> <P> Dow down 71 points </ P> <P> residential builders Lennar announced weak earnings, renewing concerns about the housing market, the U.S. March consumer confidence index dropped sharply and below .expected to have sparked investor concerns about the overall economy, the U.S. stock market down 27. .</ P> <P> Dow Jones industrial average fell 71.78 points, or 0.58% to 12,397.29. .Nasdaq index was down 18.20 points, or 0.74% to 2437.43. .S & P500 index ended down 8.89 points or 0.62% to 1428.61. .The Philadelphia Semiconductor Index fell 3.23 points, or 0.67% to 475.54. .</ P> <P> the U.S. stock market on Monday (26) closed mixed. .United States announced in February new home sales weak, renewed concerns about the economy, the stock market and thus fall, but rebounded late in the final report. .Concerns about the economy on Tuesday (27) continue. .House builders Lennar rose from 0.03 to 44.57 U.S. dollars. .The company reported a substantial decline in profit last quarter, and said that the housing price uncertainty, decided to withdraw in 2007 earnings forecast. .Its shares fell more than 2% intraday. .In addition, U.S. March consumer confidence index fell further increased investor concerns about the economy. .</ P> <P> wide range of blue-chip declines, the Dow Jones or thirty component stocks, 26 stalls down. .Several large technology stocks also lower profile, including SunMicrosystems (Sun) fell from 0.16 to 6.06 U.S. dollars, Microsoft (Microsoft) dropped 0.43 to 27.79 U.S. dollars, Cisco (Cisco) fell 0.37 to 25.97 U.S. dollars. .Market breadth was poor. .In the New York Stock Exchange, decliners topped advancers more than a few, about 11 to 5 on volume of 9.50 billion shares. .In the Nasdaq, decliners topped advancers more than about 2 to 1 on volume of 1.22 billion shares. .</ P>.