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Wall Street declines on weaker consumer confidence
POSTED: 9:17 a.m. EDT, March 28,2007

Wall Street fell Tuesday morning on weak U.S.consumer confidence reading.

March consumer confidence from the Conference Board fell to 107.2, the lowest level since November. The index was at 112.5 a month earlier, which had been its highest level in five-and-a-half years.

The Dow Jones industrial average fell 58.72, or 0.47 percent, to 12,410.35. The Standard & Poor's 500 index lost 7.33, or 0.51 percent, to 1,430.17, and the Nasdaq composite index declined 11.96, or 0.49 percent, to 2,443.67.

From:peopledaily
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