US STOCKS SNAPSHOT-Wall St drops on housing data, retail jitters

Newswire

NEW YORK, Dec 23 (Reuters) - U.S. stocks fell in thin trading on Tuesday on further deterioration in the housing market, while worry over weak consumer spending weighed on retailers in the final stretch of the key Christmas shopping season. * General Motors fell hard for a second day as investors worried if last week's $17.4 billion aid package from the U.S government will be enough to keep automakers from bankruptcy. * A batch of data earlier in the day showed sales of new and existing ...

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