Dave Caruso's Before the Bell

Before the Bell 5/19/2008

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Play from 0:00[0:00] ..." Joining us is always WBZ financial editor Dave Caruso good morning day. Pretty good week last week a let's have some of those year to date numbers we always talk about"...

Play from 0:44[0:44] ..." the other major food groups like on the international we've got the heat index that's down two point 6% year to date. If you're bonfire of the Lehman Brothers bond indexes up two point 1% --"...

Play from 1:34[1:34] ..." of -- percent Dell's only -- three that's to be around radio oil prices of apartment once sense of the Bible it's still 126 in change right now. And though gold has also have bought back"...

Play from 2:04[2:04] ..." 3% this morning. Now much more that they were -- of the housing market the only thing is is that people coming up tomorrow and they're already down 2% to consistently with those numbers. -- sales"...

Play from 0:00[0:00]" Joining us is always WBZ financial editor Dave Caruso good morning day. Pretty good week last week a let's have some of those year to date numbers we always talk about on Monday's --"

Play from 0:10[0:10]" a surprisingly good report regional had a 127 dollar airlock there are oil and we were worried about this food costs are split -- all and not a Christian logic consumer confidence numbers and -- but the markets were what percentage point and even. Over 3% for the Nasdaq so -- today here's the numbers. -- still doubts that 2% a little bit more than 2% this year. It -- are also down almost 3%. The Nasdaq -- just -- is that about four point 2% year to date in the small cap Russell 2000 -- three point 2% so those facts numbers but they're a lot better than they were on marched and and that certainly and they were in January so we're looking at some of the other major food groups like on the international we've got the heat index that's down two point 6% year to date. If you're bonfire of the Lehman Brothers bond indexes up two point 1% -- that little boy and bought this year commodities have been red hot the torture of CHU commodity index. Up almost 20% this year a 32% gold up 3% need to say more with the commodities. Also -- light week this -- a lot going on the -- of leading indicators coming out today. But the biggest ever the -- the wholesale inflation number PPI velocity of its as -- as -- whichever was on the consumer side. With some housing sales coming out on a Friday but the -- going into Memorial Day weekend don't expect allowed to happen later in the week. Earnings weaker under Campbell this morning at -- this morning as. What are we -- hear from people Hewlett-Packard target gaps so. We really do have a flat market to beef futures up two tenths of -- percent Dell's only -- three that's to be around radio oil prices of apartment once sense of the Bible it's still 126 in change right now. And though gold has also have bought back over 9097."

Play from 1:47[1:47]" Okay what about -- anymore there that you can tell us now."

Play from 1:50[1:50]" to stick with for the shape of housing these days it was pretty awful -- same store sales were down eight point 4% profit to donate -- 18%. Did people arrested at the top of the ticket out there I'll look in the port so our domestic taught that so. The stock is down 3% this morning. Now much more that they were -- of the housing market the only thing is is that people coming up tomorrow and they're already down 2% to consistently with those numbers. -- sales a little bit better -- dropped they beat the rest of -- oh it was better understand there are should say they're supplement itself on the international sales and Godiva --"

Play from 2:24[2:24]" You can't go wrong -- okay quickly some other stocks and watched."

Play from 2:28[2:28]" Yahoo! and Microsoft alcoholic content around and he went to the board now looks like they're -- talking again between Microsoft. It hasn't Yahoo! it is because Google in the mix because they didn't -- to would deal with Google -- I imagine -- to be a very delicate dance detective Google and Microsoft would look like he continues here. A electronic arts are trying to buy take two interactive gamers slide they want to -- to -- billion dollars their last offer expired on Friday well they're going to -- June 16 to do that. And that -- with -- change a couple of opinions on things they upgraded Amazon. And they also upgrade their opinion on these semiconductor stocks."

Play from 3:05[3:05]" Okay sounds good thinking about Godiva thank you Dave"

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[0:40]..." down about forty point 6% in the worse has been internationally the heat index is down 46 point 3% year to date so if you want to make money last year probably had to be in treasuries. On this week we are going to get a little bit more growth would probably going to be bad economic news how bad I guess is going to be the questions. So tomorrow -- significant -- yes I'm already to the consumer confidence numbers respect to be up actually a little bit. And then the PMI which is the purchasing managers index is also coming -- Wednesday last trading day of the year reported a good chance of -- good -- so weighed in on Friday were coming back -- again. We got the guy is a manufacturing in this coming out for right now a muted opening not much to say. S&P futures are portents of percent to Dow's -- six aspects of through NAFTA. Sort of because of the conflict over the weekend in the Middle Eastern oil prices up -- dollar 78. 39 and half right now on gold still -- precious metal is becoming more precious so. Five dollars "...

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[1:08]..." the reduction to those. And finally got personal income and spending and consumer sentiment supported it to react to so. -- market to kill all the positive entity futures up two point one. I was 21 and just accept some point to and commodities are down that's probably why the market's up oil prices stood up a couple of dollars from the 130 -- right now -- offer at sixteen dollars at the 99 area. And damage in the case Shiller index that the home numbers. I guess what they're -- although they were kind of in line with directly that's because people can expect this so. Which fell fourteen point 4% drop in the top cities over the last year or so it was the worst numbers that are reported in. A little bit of good news Charlotte, North Carolina is the only one that didn't go down and through the worst losers were Las Vegas Miami and Phoenix in terms of the type of cities to own real estate. "...

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