Housing and auto sectors face stimulus withdrawals
Date: Mon, 24 Aug 2009 12:01:27 -0400
Housing and auto sectors face stimulus withdrawals
Stock analysts caution both housing and automobile markets drew
short-lived boosts from government stimulus programs, one of which
ends Monday, the other. at the end of November.
TV NETWORKS' AD SALES LOOKING UP
The broadcast television networks' decision to hold back more
commercial time. than usual to sell during the 2009-10 season looks --
at least for now -- like. a good move, experts say.
WPP SHARES ADVANCE AHEAD OF EARNINGS REPORT
WPP shares outperform a higher London market, helped by a broker
upgrade ahead of the firm's results due out later in the week.
CRUDE FUTURES RISE TO HIGHEST LEVEL SINCE OCTOBER
Crude-oil futures rise to their highest level since last October on
economic optimism; natural-gas futures also rebound.
GOLD TURNS LOWER AS DOLLAR STRENGTHENS
Gold futures reverse Monday, falling from a one-week high, as the
dollar strengthens and speculative bets sink.
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