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WEDNESDAY, NOVEMBER 25, 2009
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Stocks Flat Despite Housing Plan

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(Newser) – Stocks barely budged at the open today, as optimism over President Obama’s home foreclosure plan was canceled out by grisly housing numbers. The Dow inched up a handful of points, while the Nasdaq and S&P each gained about 0.5%. Housing starts fell 16.8% in January, much worse than the 5% analysts expected. Since last year, they’ve fallen 56%.

Geoffrey Friedman of Barclays Capital leans on his trading post on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009 in New York.
Geoffrey Friedman of Barclays Capital leans on his trading post on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009 in New York.   (AP Photo/Henny Ray Abrams)
Kristian Woppel, of Bear Wagner Specialists, works at his post on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009, in New York.
Kristian Woppel, of Bear Wagner Specialists, works at his post on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009, in New York.   (AP Photo/Henny Ray Abrams)
Daniel Ryan Jr. of DRD Securities talks on the phone on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009, in New York.
Daniel Ryan Jr. of DRD Securities talks on the phone on the floor of the New York Stock Exchange, Tuesday, Feb. 17, 2009, in New York.   (AP Photo/Henny Ray Abrams)
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