
The bearish bias remains as stocks trade near session lows. Within the
S&P 500, 92% of stocks are posting a loss. By percent, the biggest
losers are General Growth Properties (GGP 0.41, -0.96), -70.2%, and
ProLogis (PLD 4.49, -2.39), -34.6%. The biggest gainers are General
Motors (GM 3.12, +0.23), +7.9%, and Ford (F 1.91, +0.11), +6.1%. CNBC
reports that Rep. Frank said there will be a hearing next week on a
bill to advance $25 billion in loans to the auto industry.