(Bloomberg) -- Japanese stocks may drop for the
first time in four days after confidence among U.S. homebuilders
fell to the lowest in 16 years, raising concern that a slumping
housing market may curb growth in the world's biggest economy.
Exporters including Toyota Motor Corp. and Advantest Corp.
may pace declines. Investors will also be looking to data on new
housing starts set to be released tonight, and mortgage
applications figures due tomorrow for clues on the U.S. real
estate market.
Read more at Bloomberg Stocks News
first time in four days after confidence among U.S. homebuilders
fell to the lowest in 16 years, raising concern that a slumping
housing market may curb growth in the world's biggest economy.
Exporters including Toyota Motor Corp. and Advantest Corp.
may pace declines. Investors will also be looking to data on new
housing starts set to be released tonight, and mortgage
applications figures due tomorrow for clues on the U.S. real
estate market.
Read more at Bloomberg Stocks News
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