Tuesday's Bloomberg Market Report

By: Saadia McConville Email
By: Saadia McConville Email
  • DJ Industrials: Up 75.65 to 15,300.34
  • S&P 500: Up 11.86 to 1,652.32
  • NASDAQ: Up 19.43 to 3,504.26

Here are the headlines from Tuesday's Bloomberg Market Report.

A big change could be ahead for the government's Food Stamp program. Bloomberg has been told House leaders will split food stamps from an upcoming vote on the Farm Bill. This would be a major departure from the norm. Farm and nutrition programs have been moved through Congress as part of the same bill for more than 35 years.

There are fewer foreclosed homes on the market. Corelogic says foreclosure inventory was down 29 percent, nationally, in May from a year ago.

Amazon may be working on an overhaul of its tablet lineup. The Boy Genius blog reports Amazon is working on at least three new Kindle Fires with resolution upgrades, planning a release before this year's holiday shopping season.

It seems Americans don't mind a little work with their play. A new Monster survey finds only 37 percent of U.S. workers think its unacceptable to be asked to work on vacation, compared to 57 percent of Europeans.


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