Types Of Bankruptcy

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December 15th, 2007

Wall Street Focus on Housing Data, Fed

Stock investors smarting from months of volatility are hoping this holiday-shortened week provides signs of a badly-needed yearend rally.

The days leading up to Christmas which in recent years have been positive for stocks will bring readings on the housing market, minutes from the Federal Reserve’s meeting last month, and earnings reports including results from major retailers. The data should keep investors busy as they stare down tumbling home prices, billions of dollars of losses at banks that made losing bets on subprime mortgages, and crude oil flirting with $100 a barrel. Read more



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