U.S. stocks end sharply lower in thin trading volume

Date: Mon, 25 Aug 2008 17:04:16 -0400
U.S. stocks end sharply lower in thin trading volume

U.S. stock indexes lose 2%, with the Dow Jones Industrial Average hit
with its biggest point decline in more than a month, as concerns about
the financial sector weigh on sentiment and housing data fail to appease
investors' unease.

Oil ends higher as Atlantic storm revives supply questions

Oil ends closes higher after the formation of a new tropical storm in
the Atlantic raises the possibility of supply disruptions in the Gulf of
Mexico.

Economic Report: U.S. existing-home sales rise but unsold inventory hits
record

Resales of U.S. single-family homes and condominiums increase in July,
but inventories also rise, reaching record levels, National Association
of Realtors data show.

Financial Stocks: Freddie Mac shares rise on solid demand for debt
auction

Shares of mortgage giants Fannie Mae and Freddie Mac were mixed in early
trading Monday as speculation continues to swirl that a government
bailout is inevitable with no housing recovery in sight.

One nation, changing quickly

Sen. Barack Obama has vowed to bring change to Washington. If he's
elected president, he'll have plenty of changes on the demographics
front to deal with himself.