Late Day Selloff Undermines Rebound Rally

• November 14, 2007
• TradingMarkets Editors

Stocks reversed course during the last hour of trading, erasing gains to close in the red.

Merrill Lynch
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Ben Bernanke announced a new communications strategy for the Federal Reserve that will provide more frequent and clearer messages to Wall Street and the public.

United Auto Workers members ratified a four-year contract with Ford
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Bear Stearns
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HSBC Holdings
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Shares of E*TRADE Financial
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Market Snapshot

Dow -83.16 13223.93 NASDAQ -29.33 2644.32 S&P 500 -10.47 1470.58   NYSE NASDAQ Volume 1,587,217,880 2,453,771,625 Up Volume 578,619,080 773,517,834 Down Volume 1,001,418,610 1,658,728,732 Advances 1273 1170 Declines 2001 1776 New Highs 33 42 New Lows 173 136

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Non-metallic Mineral Mining +3.26% Toy & Hobby Stores -5.07% Copper +2.75% Rental & Leasing Services -4.60% Heavy Construction +2.72% Department Stores -4.15%

Economic News

Retail Sales (Oct): Actual 0.2%, Consensus 0.2% PPI (Oct): Actual 0.1%, Consensus 0.3% Business Inventories (Sep): Actual 0.4%, Consensus 0.4%