Wall Street down as homebuilder confidence slips

The National Association of Home Builders/Wells Fargo Housing Market index fell to 54 from 56 the month before. The U.S. economy is struggling to rebound strongly enough for the Federal Reserve to raise interest rates before September, analysts have said. The Federal Reserve could look at a rate hike in June if the economy is strong enough, Chicago Fed President Charles Evans said on Monday, although he argued for rates to start rising in early 2016. At 10:50 a.m. ET (1450 GMT) the Dow Jones ind