Stocks Inch Higher Despite More Write-Downs

• November 14, 2007
• TradingMarkets Editors

Stocks are modestly higher on Wednesday, after yesterday’s strong rally. Markets rose in Asia overnight and across Europe this morning, but a jump in the price of crude oil has been a drag during the U.S. session.

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 43.74 13350.83 NASDAQ 5.16 2678.81 S&P 500 7.73 1488.78   NYSE NASDAQ Volume 720,062,210 1,133,221,941 Up Volume 440,569,210 645,848,917 Down Volume 270,277,000 645,848,917 Advances 1801 1343 Declines 1363 1459 New Highs 32 33 New Lows 99 86

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Copper +3.66% Toy & Hobby Stores -3.81% Surety & Title Insurance +3.13% Rental & Leasing Services -3.14% Heavy Construction +2.88% Jewelry Stores -3.01%

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%