The stock market lost some momentum today, as investors reacted to a consumer confidence index that was not as positive as economists had expected.
The preliminary Reuters/University of Michigan consumer sentiment index rose to 72.8 from 72.5 in late December.
The largest local decliners in the BizTimes Stock Index this morning were Bucyrus International Inc. (down $1.56 to $64.04) and Joy Global Inc. (down $1.31 to $58.64). The largest local advancers this morning were Kohl's Corp. (up 26 cents to $51.88) and Ladish Co. (up 17 cents to $16.20).
Stocks run out of steam
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