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Countdown to the close: 59 min 59 sec

INVESTOR ALERT
Bulls ask: Who moved my rally?

November 23 2008 9:48 A.M. EST

Week shortened by Thanksgiving features critical reports on state of housing market.
• Gold tops $800 for first time in a month
• FDIC, regulators shutter three more banks
• Top 10 MarketWatch stories of the week

FINANCIALS
Citigroup on the brink
Citibank is a shadow of its old self as its market cap drops $160 billion in just a year.
• Pandit said to reject Smith Barney sale
• Citi shares reverse course; sector mixed
• Bank of Ireland shares surge on talks
• Barclays' woes a key factor (24/7 Wall St.)

Latest News more » Top Stories more » Market Pulse more » Headlines more » Press Releases more »

9:00 a.m.

NewsWatch: Stocks look cheap, but that doesn't mean you should buy
8:32 a.m.

Geithner, Clinton, Richardson, Summers seen in key Obama posts
6:58 a.m.

Dillard's to cut 500, or 0.8%, of jobs to reduce costs
5:53 a.m.

Screen Actors Guild will ask members to authorize a strike
4:46 a.m.

DSP's CEO to take leave, chair campaign effort of Israel's Likud
4:06 a.m.

Fidelity Nat'l Financial ends plan to acquire LandAmerica
2:42 a.m.

[WLW] Woolworths suitor Hilco proposes to assume more debt: Times
2:42 a.m.

[WLW] UK's Woolworths in talks on rescue proposal: UK Times
2:37 a.m.

[LLOY] Lloyds TSB wants HBOS to shed those loans: UK Telegraph
2:37 a.m.

[LLOY] HBOS made loans to firms in which it took stakes: Telegraph
2:37 a.m.

[LLOY] HBOS portfolio includes 70 equity stakes: UK Telegraph
2:37 a.m.

[LLOY] Lloyds TSB seeks buyers for an HBOS portfolio: UK Telegraph
2:24 a.m.

[TTM] Tata's Jaguar in talks with UK for $1.48B loan: UK Times
2:20 a.m.

UK Treasury may sell off mapmaker, forestry firm: UK Times
2:20 a.m.

UK Treasury plans to sell off up to 10 state firms: UK Times
2:20 a.m.

UK Treasury chief aims to keep firms from leaving UK: Times
2:20 a.m.

UK to help small firms, defer higher corporate tax: UK Times
2:20 a.m.

UK to exempt firms from tax on foreign dividends: UK Times
2:20 a.m.

Cut in VAT is key part of PM Brown's rescue plan: UK media
2:20 a.m.

UK VAT is now 17.5%; EU minimum VAT is 15%: UK media

9:00 a.m.

NewsWatch: Stocks look cheap, but that doesn't mean you should buy
8:32 a.m.

Geithner, Clinton, Richardson, Summers seen in key Obama posts
6:58 a.m.

Dillard's to cut 500, or 0.8%, of jobs to reduce costs
5:53 a.m.

Screen Actors Guild will ask members to authorize a strike
4:46 a.m.

DSP's CEO to take leave, chair campaign effort of Israel's Likud
4:06 a.m.

Fidelity Nat'l Financial ends plan to acquire LandAmerica
12:01 a.m.

Economic Preview: Harsh economic data expected for coming week
5:00 p.m.

NewsWatch: Stocks look cheap, but that doesn't mean you should buy
1:21 p.m.

Polysilicon prices tumble on glut, solar's hit from credit crisis
1:00 p.m.

GM board reportedly won't rule out bankruptcy
12:07 p.m.

Obama vows 2.5 million new jobs by 2011
12:00 p.m.

NewsWatch: U.S. stocks look for respite in holiday-shortened week
10:29 a.m.

FDIC and state regulators shutter three banks
9:00 a.m.

NewsWatch: Stocks trim weekly losses on word Geithner will head Treasury
8:01 a.m.

Personal Finance Daily: The week's 10 best Personal Finance stories: Nov. 17-21
6:01 a.m.

Six tips to help you drive away with a great car deal today
6:00 a.m.

Auto Review: 2009 Maserati GT
12:01 a.m.

Market Snapshot: U.S. stocks look for respite in holiday-shortened week
12:01 a.m.

Stocks to Watch: Stocks in focus for Monday
8:36 p.m.

Latin American Markets: Argentina OKs pensions takeover; Brazil, Mexico mixed

6:48 p.m.

Ford may sell its corporate jets: WSJ
6:17 p.m.

The Community Bank closed, 20th failure of the year
5:49 p.m.

Sprint Nextel's John Garcia leaving: WSJ
5:48 p.m.

S&P cuts Foot Locker to 'BB-' on weak consumer spending
5:20 p.m.

Target rejects Pershing's proposals on real estate structure
5:13 p.m.

Cooper Industries says fourth-quarter outlook uncertain
4:25 p.m.

Stocks cheer report Obama will tap Geithner for Treasury
3:20 p.m.

Stocks rally on report Geithner will be tapped for Treasury
3:16 p.m.

Oil futures end slightly higher, but drop 13% on the week
3:09 p.m.

Clinton, Geithner, Richardson picked for Obama cabinet
3:04 p.m.

Equities in Moscow end mixed
2:56 p.m.

Builder, REITs down sharply in latest sell-off
2:12 p.m.

Barr Pharmaceuticals shareholders approve pending Teva deal
2:07 p.m.

Donaldson increases quarterly dividend to 11.5 cents
1:57 p.m.

Gold surges to top $800 on safe-haven buying
1:28 p.m.

Fed's Evans says economic weakness will be 'protracted'
1:26 p.m.

Gold surges to top $800 on safe-haven buying
12:39 p.m.

Moody's cuts Prudential's outlook to negative
12:32 p.m.

Delta sees RASM up 2% to 4% for the fourth quarter
12:16 p.m.

International Paper to indefinitely close Louisiana Mill

2:42 a.m.

[WLW] Woolworths suitor Hilco proposes to assume more debt: Times
2:42 a.m.

[WLW] UK's Woolworths in talks on rescue proposal: UK Times
2:37 a.m.

[LLOY] Lloyds TSB wants HBOS to shed those loans: UK Telegraph
2:37 a.m.

[LLOY] HBOS made loans to firms in which it took stakes: Telegraph
2:37 a.m.

[LLOY] HBOS portfolio includes 70 equity stakes: UK Telegraph
2:37 a.m.

[LLOY] Lloyds TSB seeks buyers for an HBOS portfolio: UK Telegraph
2:24 a.m.

[TTM] Tata's Jaguar in talks with UK for $1.48B loan: UK Times
2:20 a.m.

UK Treasury may sell off mapmaker, forestry firm: UK Times
2:20 a.m.

UK Treasury plans to sell off up to 10 state firms: UK Times
2:20 a.m.

UK Treasury chief aims to keep firms from leaving UK: Times
2:20 a.m.

UK to help small firms, defer higher corporate tax: UK Times
2:20 a.m.

UK to exempt firms from tax on foreign dividends: UK Times
2:20 a.m.

Cut in VAT is key part of PM Brown's rescue plan: UK media
2:20 a.m.

UK VAT is now 17.5%; EU minimum VAT is 15%: UK media
2:20 a.m.

UK to cut value-added tax by up to 2.5 points: UK media
6:09 p.m.

Loganville, Georgia-based Community Bank closed
5:24 p.m.

[RIMM] Research in Motion late-shares fall 7.6% to $41.40
5:23 p.m.

[RIMM] Research in Motion share losses accelerate in late trading
5:05 p.m.

[CBE] Cooper Industries says Q4 EPS to be below 83c-92c
4:32 p.m.

[TGT] Target rejects Pershing's proposals on real estate structure

Today inside MarketWatch

IN MULTIMEDIA

ENTERTAINMENT
'Twilight' for teens

Joe Morgenstern says teenage girls should run, not walk, to the theater, but adds that everyone else can safely pass on movie.
• Jack Bauer's back on '24'

Also in Multimedia:
• Crude may fall further
• Genzyme's green R&D
• Sweet spot in the art market

IN NEWSLETTERS

MARK HULBERT
Bears' run
not done yet?

Contrarians not seeing enough pessimism to signal bear market has reached its low.

Also in Newsletters:
• Brimelow: Half-empty or half-full?
• Guru's Corner on bullish biotech charts

IN COMMENTARY

media web
Wall Street's still crazy after all these years

"Barbarians at the Gate" authors talk with Jon Friedman about the two decades since their book became a bestseller.

Also in Commentary:
• Just can't outsmart the market (Minyanville)
• Callaway's Recession Reality TV
• Kostigen says firms take lead on climate
• Poletti on latest tech battlefront: robotics

IN PERSONAL FINANCE

chuck jaffe
Understanding those reverse convertibles

They aren't such straightforward buys,
and that's what makes them Chuck's
stupid investment of the week.

Also in Personal Finance:
• When to consult a real-estate specialist
• Money-fund liquidation
• Powell and the unhappy New Year

AUTO-BUYING GUIDE
2009 Maserati GT
OK, U.S. automakers may be sinking, the economy's choking and fuel prices are giving drivers whiplash. But take a break and go

along with Ron Amadon for a spin in an enthusiast's dream car.
Part 3 of a MarketWatch special report
More: Steep drop in gas prices rekindles love affair with SUVs and trucks; Bankruptcy stigma dogs carmakers; news from L.A. Auto Show.
• Maserati slideshow | See the full auto-buying guide
• Checking out 2009 Lincoln's tech package

AUTO INDUSTRY CRISIS
GM board at odds with Wagoner?
Despite assurance from CEO that bankruptcy's not a "viable option" for ailing carmaker, board reportedly won't rule it out.
• House Speaker Pelosi presses automakers for road map
• Hoofy & Boo ride the Hummer into GM's sunset

Entertainment
Screen Actors Guild to seek strike authorization
Federal mediator can't bring actors and studios to terms

BARRON'S COVER STORY ...FREE
Finally, Berkshire looks undervalued
Barron's says investors should ignore misplaced skepticism.

OBAMA'S CHALLENGE
Geithner, Clinton, Richardson, Summers seen on Obama team
Hillary Clinton reportedly has accepted secretary of state offer, while N.Y. Fed's Tim Geithner (left) will be nominated for Treasury.

• Obama pledges 2-year stimulus | Crafting a stimulus

• White House to have policy role with Geithner pick
• Daschle for HHS

| Gore won't take 'formal role'
• John C. Dvorak: What Obama doesn't know about tech
• Obama's Challenge: Fixing the financials
• CEOs' advice for Obama

| Job shock on tap

RETAIL & CONSUMER | Sector report
Wal-Mart's surprise pick
Selection of international-division chief Mike Duke to replace Lee Scott as CEO may signal an intensifying focus on overseas expansion.
• New CEO in position to shape Wal-Mart of future (First Take)
• Dillard's plans to cut 500, or 0.8%, of its jobs to reduce costs
• Gap shares jump | Ann Taylor | J.M. Smucker | H.J. Heinz net up 21%
• After-hours action: Autos mixed | Target rejects Pershing's proposals

	TECHNOLOGY Polysilicon prices fall to earth Prices of polysilicon, already pressured by a coming supply glut, are tumbling as the credit crisis drives down demand for solar panels that are the biggest users of the raw material.
TECHNOLOGY RIM's new B lackBerry Storms market New touch-screen Storm attracts long lines of U.S. customers. • Storm watching \| Mossberg review • DSP's CEO takes leave to lead Israel Likud Party's campaign • Dell shares slide under $10 on top-line concerns \| Tech edges up