U.S. stocks mostly extend three-day stretch of gains

Date: Tue, Nov 25, 2008 at 2:01 PM

U.S. stocks mostly extend three-day stretch of gains

U.S. stocks turn again -- this time mostly higher -- as financials and consumer
discretionary shares gain in the wake of the government's latest move to help
revive the ailing economy.

FED UNVEILS $800 BILLION PLAN TO BOLSTER LENDING, HOUSING

With financial markets still not working smoothly two months after almost
shutting down, the Federal Reserve unveils further steps aimed at lowering
borrowing costs for consumers and home buyers.

ECONOMIC REPORT: HOME PRICES OFF RECORD 17.4% IN PAST YEAR, CASE-SHILLER SAYS

Home prices in 20 major U.S. cities drop by 1.8% in September from the prior
month and by a record 17.4% on a year-over-year basis, according to the
Case-Shiller data compiled by Standard & Poor's.

METALS STOCKS: GOLD GIVES UP GAINS ON FALLING CRUDE, STOCK MARKETS

Gold futures give up earlier gains and move lower, as crude-oil prices tumble
and as U.S. equity markets erase gains.

BHP BILLITON SCRAPS $66 BILLION RIO TINTO BID

BHP Billiton on Tuesday scrapped its roughly $66 billion hostile bid for mining
rival Rio Tinto, saying the deal is no longer in the best interests of
shareholders after the global economic downturn led to a slump in commodity
prices.