Tuesday, November 18, 2008

U.S. stocks fall, on track to close at five-year lows

Date: Tue, Nov 18, 2008 at 2:01 PM

U.S. stocks fall, on track to close at five-year lows

U.S. stocks slide into the red after a gauge of the home-building industry hits a new low.

ECONOMIC REPORT: HOME BUILDERS' MOOD SHOWS MORE ANGUISH THAN EVER

U.S. home builders have never been as anguished about their industry as they were in early November, with their monthly market index gauge plunging five points to a record low 9, the National Association of Home Builders reports.

BIG 3 AUTOMAKERS PLEAD BAILOUT CASE ON CAPITOL HILL

The chief executives of the Big 3 automakers press their case for a $25 billion bailout for their struggling industry, telling lawmakers that spending the money to help them would be cheaper than taking no action.

CORRECT: PAULSON, BAIR CLASH OVER AID TO TROUBLED HOMEOWNERS

A simmering closed-door debate between top government officials over the priorities of the government's financial market rescue package spills out into public.

STRONG RESULTS, OUTLOOK SEND H-P SHARES UP 14.5%

Shares climb 14.5% after the world's largest computer maker says its preliminary quarterly earnings would come in ahead of Wall Street's expectations due to its international customer base and broad lineup of technology products.

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