U.S. stocks rebound on Citigroup investment

11:46 am ET Nov 27, 2007

DJIA

12,935

+191.84

S&P

1,424

+17.42

NASDAQ

2,579

+38.77

10Yr

3.98%

+0.135

U.S. stocks rebound on Citigroup investment

NEW YORK
U.S. stocks on Tuesday rebounded from the prior session's decline as a
$7.5 billion capital infusion for Citigroup Inc. offered some relief to
the embattled financial sector.

Economic Report: Consumer confidence sinks to two-year low

WASHINGTON
U.S. consumer confidence sank in November on growing concerns about the
future, the Conference Board reported Tuesday.

Economic Report: Record home-price declines as all top cities turn sour:
study

WASHINGTON
U.S. home prices were falling in every region of the country in
September, according to a closely watched index of home prices released
Tuesday.

Citigroup gets $7.5 billion infusion from Abu Dhabi investors

LONDON
Citigroup said it has received a $7.5 billion injection from the Abu
Dhabi Investment Authority, a much-needed shot in the arm as the
financial-services giant weighs massive job cuts and slashing the value
of debt securities on its balance sheet.

Futures Movers: Oil futures drop sharply as OPEC meeting nears

SAN FRANCISCO
Crude-oil futures fell for a second day on Tuesday, down 3% to below $95
a barrel, on further signs that the Organization of Petroleum Exporting
Countries will increase production at a meeting next week.