Stocks set for lower open ahead of consumer confidence, housing data
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U.S. stocks are set to start slightly lower Tuesday morning ahead of readings on consumer sentiment and housing. On Monday, dealmaking and mergers fueled a rally that helped end a three-day retreat and sent the Dow Jones industrials stocks 124 points higher. But this morning investors concerns over consumer spending and the housing market have been rekindled ahead of the data.
More here: Before the bell: Futures weaker ahead of housing, consumer confidence data