Stock futures are inching higher Tuesday as investors grow more optimistic about an economic recovery. Reports due out Tuesday are expected to show consumer confidence grew in March and home price declines continued to ease. The reports would follow a recent trend in data that shows the economy is improving, albeit slowly. loadposition in-article Investors have reacted positively to similar reports in recent weeks, sending stocks higher. The consumer confidence report is expected to extend the trend of modest improvement. The Conference Board ‘s Consumer Confidence Index likely rose to 50 in March from 46 in February, according to economists polled by Thomson Reuters. The report is due out at 10 a.m. EDT. While the expected reading would indicate growth, it is far from signaling a healthy economy. A reading above 90 means the economy is on solid footing. Consumers are a key to a sustained recovery because their spending accounts for …

March 30th, 2010
Money maker
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