Australian Market Report of September 30: US Consumer Confidence Dropped

  Sydney, Australia, Sep 30, 2009 - (ABN Newswire) - Wall Street closed lower overnight after American consumer confidence reading in September dropped unexpectedly. The weakness in US technology stocks, which had been a leader for much of Wall Street's six-month rally, yesterday led a fall in the market. The Conference Board's consumer confidence index dipped in September to 53.1 from 54.5 in August as people worries about job market.  

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