Monday, April 30, 2007

US STOCKS-Wall St heads for flat opening; data on tap

(Reuters) - Stocks will also receive direction from a slew of data on personal income and consumption, the Federal Reserve's preferred inflation gauge, at 8:30 a.m. and the National Association of Purchasing Management-Chicago will report on Midwest business conditions at 9:45 a.m. .

"Investors are worried about how far the indexes have come and the fact that the general economic news is not that positive," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.


Read more at Reuters.com Bonds News

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