Author: Elena Todorova
123jump.com
Last Update: 11:38 AM EDT April 25 2006

Market turned lower on concerns about higher interest rates, raised by strong economic data. The Conference Board reported that consumer confidence rose to 109.6, reaching its highest level in almost four years, despite energy costs. In a separate report, the National Association of Realtors said sales of existing homes edged up 0.3% last month to a seasonally adjusted annual rate of 6.92 million units.