10/26/09 – theGrio & CNBC Market Preview

TheGrio and CNBC team up to deliver a weekly preview of money matters and market updates for our community...

Luther Vandross was outed as gay after his death.

TheGrio and CNBC team up to deliver a weekly preview of money matters and market updates for our community.

CNBC’s Shartia Brantley reports that investors prepare for key data on the economy with several reports expected on consumers and housing. The last home price index report showed a 1.6 percent increase. The second set of the key housing data is the home sales report, the last report showed a 0.7 percent increase. The last consumer confidence report showed a dip in confidence as the fragile jobs market weighed on consumers.

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