US STOCKS-Wall St gains on latest auto bailout

Newswire

* Government expands bailout of auto industry * Home prices, consumer confidence fall, data shows * Dow Chemical could tap $13 bln loan for takeover-report * Dow up 0.9 pct, S&P up 1.1 pct, Nasdaq up 1.2 pct * For up to the minute market news, please click on [STXNEWS/US]. (Updates to midmorning) By Leah Schnurr NEW YORK, Dec 30 (Reuters) - U.S. stocks rose on Tuesday after Washington expanded its bailout of the auto industry, boosting hopes that the government would be able ...

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