s&p down six. analysts are saying the fed will likely decide to take some steps to boost our struggling economy. of course, that could include more stimulus spending. the bank's two day meetings wrap up tomorrow. meantime the housing market appears to be gaining some serious traction. there is a new report out that shows the home prices went up in may for the second month in a row. a jump of more than 2%. the price index tracks prices at 20 metropolitan areas. it's not all good news. ed henry is live outside the white house tonight. ed, i guess we are really waiting for a more important or bigger economic number this friday. >> that's right. and that's going to be the jobs report for the month of july. in the bottom line is if you look at the trend line at the beginning of the year, the president had some steam behind him in terms of this economy coming back. look at january and february. each month we created over 250,000 jobs. in the spring, it started coming down sharply and by june, you had only 80,000 jobs