U.S. stocks advance on Lehman report, ahead of Fed move

11:50 am ET Sep 18, 2007

DJIA

13,501

+97.79

S&P

1,488

+11.81

NASDAQ

2,596

+15.29

10Yr

4.49%

+0.019

U.S. stocks advance on Lehman report, ahead of Fed move

NEW YORK
U.S. stocks pulled cautiously higher Tuesday with investors emboldened
by earnings from Lehman Brothers, yet treading lightly ahead of what's
likely to be the Federal Reserve's first cut in benchmark interest rates
in more than four years.

Lehman's quarterly net slips but tops expectations; shares gain

NEW YORK
Lehman Bros. Holdings Inc. reported Tuesday third-quarter net income
fell 3.2% as the investment firm took more than half a billion dollars
in writedowns for troubled fixed-income securities.

The Fed: 25 or 50? -- Bernanke's Fed faces a key test

WASHINGTON
When Federal Reserve Board Chairman Ben Bernanke sits down to write his
book, the odds are that there will be a chapter on the meeting he and
his fellow central bankers will have Tuesday.