Investors weary of tuesdays open numbers

[kst$]

The investors are worried americans will stop spending money on unnessecary items. Well I have to say I am one american that is watching where every penny is going. However I did purchase a new mattress and boxsprings replacing my 15 year old bed. However I did not purchase a new frame or headboard. Mine is perfectly fine. I was also going to hold onto my stimulas rebate until I noticed the balding of my tires on my vechicle. So there will be more spending there.

U.S. stocks headed for a mixed open Tuesday as investors returned from a long weekend awaiting a reading on consumer confidence and sales of new homes to determine where the economy is headed.
Investors are uneasy about the effect of soaring energy and food prices on the health of consumers, who account for more than two-thirds of U.S. economic activity. With gas prices up sharply from a year ago, many on Wall Street are worried that nervous consumers will stop reaching into their wallets for discretionary purchases.
Stock futures showed little movement after the Standard & Poor's/Case-Shiller home price index indicated that U.S. home prices fell 14.1 percent in the first quarter from a year earlier. It marked the steepest decline in the reading's 20-year history.

Stocks head for mixed open ahead of data

By TIM PARADIS

Consumers are not going to quit spending altogether they are just going to be more aware of where there money is going and why.