Housing woes squeeze holiday shoppers across United States
The housing downturn tightens family budgets and curbs gift spending as foreclosures rise in Nevada California and Florida. Homeowners tap less equity and adjust to higher loan payments while retailers cut inventories and push discounts to attract cautious consumers.
MENTIONED IN THIS ARTICLE
Jackie Castleberry
Las Vegas
Nev
Castleberry
Florida
California
Nevada
Irvine
RealtyTrac Inc
Mark Zandi
Moody’s Economy.com
Zandi
Szymanski
Wachovia Economics Group
Mark Witner
Tony Villamil
Villamil
San Joaquin Valley
Christina Perret
Perret
Sal Arroyo
Fresno
Calif
Arroyo
Deborah Vick
Vick
Dow Gains Over 100 as Fed Rate Cut Bets Grow
Wall Street rose as expectations for a Federal Reserve rate cut and higher pending home sales boosted sentiment. The Dow Jones climbed over 100 points while investors awaited the Fed meeting. UBS warned of about 10 billion dollars in subprime writedowns but U S shares rose on plans for an 11.5 billion dollar cash infusion from Singapore and a Middle Eastern investor.
MENTIONED IN THIS ARTICLE
NYSE
At&t Inc
Alcatellae
Alcoa
Allstate
Altrias
Ambach
Amovill
AmExp
AmintGp If
Aquila
BcBrades S
BkofAm
Barrickg
Dow Industrials
Dow Transportation
Dow Utilities
BigLots
Boeing
BostonSci
S&p
S&p MidCap
Russell
Wilshire
CVS Care
Capone
Carnival
Caterpillar
NSE Cemex
Centex
Nyse Amex
Nasdaq
ChesEng
Chevron
ClearChan
Coeur
LOK Soin
FrankBk
CapAs
Anoarag G
Cardica
ConocPhil
WC Cmts
JennConv
Ampex
CilAir B
Feldman It
Grtbasg
Srcevitik
PMI Gro
Vinydn Pi Ib
Bankrate
Corning i NovaStr Pfc
Cmplint
BlueLinx
Incopr
ChinaAuto
CypSem
Seabridg
DR Horton
Disney
Duke
EMC Cp
Myersind
Amigac
Supruilh Pa
ElPasoCp
ParTech
AmMig Pfa
KosanBio
EDS
PikeElec
Sifco
NaviSite
Fredm Pfb
TandyStar
ForcePron
ExxonMbi
Cemign
EnvirTec If
TEL Off
Fannie Mae
Longtopf
ILX Resrt
Verstk
Fordm
E-House
TecOpsSv
Brdwyf
Scottrepfb
Celsion
LearnTree
FredMac
Horizons
Baldw
Fullhser
Ra Saeed
Genentch
GenElec
GnMett
Citigro
SPDR
Cisco
Ishr2k
Batenya
Sbiizer
iShBraz Nya
Microsoft
Hewlett P
Prushs&p
Etrade
AMD
Yahoo
IBM
Ishemkt Nya
Jpmorgch
Apple Inc
Interpublic
Invesco
Jpmorg Chi
Johnson
King Phim
Kraft
Kroger
LDK Sol
LSI Corp
Lehman Br
Lennara
Lilly Eli
Lowes
AligEway NY
HomeDp
MBIA
Altrias NY
IngerRd NY
AEP NY
Intel Nasd
Bb&t Cp NY
BM NY
BakrHu NY
Johndn NY
Medirnic
Kroger NY
Merck
Lowes NY
Mosaic If
Oracle Nash
Dell Inc
Nash
Penney NY
Myers Ind
Disney NY
Mylan
ComRess NY
Pfizer
PepsiCo NY
Nabors
DuPont NY
Duke Eggs NY
Praxair NY
Nazi City
Nasd
RexStrs NY
Newmtm
eBay EmersaEss NY
SearsHidgs Nasd
ExxonMb NY
Templeln NY
Newscpa
3M Co NY
NokiaCp
Fordm Fcmtybsh
UPS
Nortel Ifrs
Ussteel NY
enElec NY
NovaStr 1S
GnMetr NY
VerizonCma
Nucor
Hewlett P NY
WalMart
OcciPet
PMI Grp
Petrolers
Pizer
Australia
ProcGam
Britain
Pulter
Canada
QwestCm
Treasuries Euro
RiteAid
Mexico
Sara Lee
U.S
Schimbrg
Seagatet
SouthnCo
Growamera m LG
SprintNex
StdPac
Cowldgrla Mws
St Gold
Capiicbua Mh
Fidelity Contra
TaiwSemi
InvCcoAmAm Hy
Target
Pimco TotRelis
TenetHirth
Wamutinya May
Incamera m MA
Teradyn
Dodge & Cox Stock LV
Texinst
American Funds
EurPacGrAm FB
Vanguard
TollBros
Fidelity Divrint
FV Transocn
Dodge & CoxntiStk
Inguard
NewPerson Mws
UBS AG
Vanguard Institx
Fidelity Magellan LG
Fundminva Mlb
Bala m MA
Fideli GrowCo LG
Ussteel
UldhithGp
Morningstar Walgun
Rae
YamBrds S
New York
Wall Street
Federal Reserve
Dow Jones
Fed
National Association of Realtors
UBS
Singapore
Also Mentioned on This Page
the Market IN Review
Dow Jones Industrials
AP Business Writer
Source
Office of Federal Housing Enterprise Oversight
Leo Rojas
Rojas
Bobby Johnson
Hollywood
BrandsMart USA
Conrad Szymanski
Bradenton
Fla
Dow
UBS News
Donald Selkin
Equity Research
Joseph Stevens
Mercer St
Princeton
Investors Financial Advisors
Gary Linkous
North St. Bluefield
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