Quick Overview

• Citigroup began weighing the possibility of auctioning off pieces of the company or even selling itself outright. Shares fell a further 26%.

• U.S. Jobless claims rose 27,000 last week to 542,000, the most in 16 years. The Senate is voting today on extending unemployment benefits by at least seven weeks. Bush is for it.
  

• The Philadelphia Feds regional index of manufacturing dropped from -37.5 to -39.3 in November,
  

• The Conference Board's index of leading indicators fell 0.8% in October.
  

• U.K. retail sales fell 0.1% in October.
  

• Canada’s wholesale trade rose 1.5% in September
  

• Switzerland lowered interest rates from 2.0% to 1.0%.
  

• Fifteen CEOs of large home-building and financial-services firms each earned more than $100 million during the past five years.