U.S. stocks end lower as economic worries persist
Date: Mon, 03 Dec 2007
U.S. stocks end lower as economic worries persist
NEW YORK
U.S. stocks declined Monday for the first time in five sessions amid
ongoing worries about the direction of the economy after a gauge of
manufacturing activity fell slightly and the government vowed to help
some subprime-mortgage holders.
Economic Report: U.S. factory index sees fifth straight drop in
November
WASHINGTON
A key gauge of strength for the U.S. factory sector slipped in November
for the fifth straight month, the Institute for Supply Management
reported Monday.
Paulson 'optimistic' about subprime 'answer'
WASHINGTONTreasury Secretary Henry Paulson said Monday he's confident
that a plan to help borrowers of subprime mortgages will be agreed upon
soon.
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