WDEF News 12

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THE RALLY DIDN'T HOLD  AS STOCKS DIPPED TUESDAY....

THE DOW FELL ALMOST TWO-TENTHS OF A PERCENT TO CLOSE AT EIGHT-THOUSAND, FOUR HUNDRED AND TEN AND AND CHANGE.

THE NASDAQ SLIPPED HALF A PERCENT.

A CAUTIOUS PREDICTION FOR AN ECONOMIC UPSWING BY THE END OF THE YEAR....

We continue to expect economic activity to bottom out, then to turn up later this year.

THAT FROM FED CHAIRMAN BEN BERNANKE GIVING A PROGRESS REPORT ON CAPITOL HILL ABOUT THE STABILIZATION AND PROJECTED REBOUND OF THE ECONOMY. BERNANKE SAID
CONSUMER SENTIMENT AND THE HOUSING MARKET ARE UP, BUT JOB LOSSES AND TIGHT CREDIT WILL CONTINUE FOR A WHILE.

CHRYSLER'S BANKRUPTCY ISN'T STOPPING THE BELEAGURED COMPANY FROM OFFERING A NEW INCENTIVES PROGRAM TO HELP PROSPECTIVE CAR BUYERS.

CHRYSLER WILL OFFER ITS DEALERSHIPS CASH INCENTIVES THAT WILL TRICKLE DOWN TO CAR BUYERS IN THE FORM OF LOWER  PRICES.

ACCORDING TO EDMUNDS.COM, CHRYSLER MAY OFFER CUSTOMER REBATES AS WELL.

AND NOW MAY BE THE TIME FOR A EUROPEAN VACATION...

THE U.S. DOLLAR ROSE AGAINST THE EURO, MEANING YOU'LL GET MORE FOR YOUR DOLLAR.

THE DOLLAR IS STILL DOWN THOUGH, COMPARED WITH THE BRITISH POUND BUT SLIGHTLY UP AGAINST THE JAPANESE .

FOR BUSINESS BRIEF, I'M SHELBY LIN.

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