(Information on the rumors around the upcoming Apple event and rising nationwide home prices has been added to the Hot Trends article.)
NEW YORK (
) -- "Apple rumors" is a trending search topic today as
gears up for its annual iPod event tomorrow. At the conference in San Francisco on Wednesday, Apple is expected to unveil a few new products, such as a new iPod nano. As the event approached, there is speculation about what Steve Jobs has in store for the market.
More: 5 New Products Apple Likely to Announce
While Wall Street and tech fans speculate on new products, there are certain subjects that
Apple won't likely be bringing up
, such as the mention of any iPhone antennas or fixes.
"Home prices" and "Case-Shiller" are hot search topics today following the release of the S&P/Case-Shiller
showing that home prices may be stabilizing.
According to the data released on Tuesday, national home prices have risen 3.6% in the past year.
compared with a decrease of 2.8% in the first quarter.
Seventeen of the 20 cities measured in the index showed an increase in home prices. Home prices across the nation were up 6% since April 2009, but are still 28% lower than their peak in July 2006.
Many attribute the strengthening home sales this past spring to the
of up to $8,000. The tax credit may have encouraged more buyers to complete their purchases before the credits expired on April 30.
"Samsung Epic 4G" is a trending search topic as the device becomes available today on the
Many Sprint Nextel stores opened early today for the release of the new Android-powered Smartphone. It's equipped with a 1 GHz processor, a 4-inch display, as well as a full slide-out keyboard.
The Samsung media hub will feature a full library of video and literary content, which Sprint and Samsung claim is coming soon.
The Epic 4G costs $249.99 with a 2-year Sprint contract after a $100 mail-in-rebate.
"Stock market" is a hot search on
today as stock futures point to a lower open in response to the continued weakness in Asia. The uncertainty in the Asian market prompted global slowdown fears ahead of several economic reports in the U.S.
Futures for the
Dow Jones Industrial Average
were down by 36 points at 9,943, while futures for the
were down by 3.9 points at 1041.2.
futures were down by 9.75 points and were 10.77 points below fair value.
The Chicago Purchasing Managers Index is expected to show a slowdown in manufacturing activity in the Midwest, and the Conference Board is scheduled to unveil its August data on consumer confidence.
"Job training" is a popular search today following reports about the
U.S. Department of Labor Job Corps
free career training program. Job Corps was setup to help young people learn a career, earn a high school diploma and assist with job placement.
It is available to those between the ages of 16 and 24 and offers education and training in several fields, such as auto mechanics, medical & business office, construction and culinary arts.
The program is free for eligible students, and includes up to two years of training, campus housing, meals and other services.
The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.
-- Written by Theresa McCabe in Boston.
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