-better news from banking sector
helped Wall Street recover its poise on Tuedays although the grim consumer confidence and housing data
provided a stark reminder of potential headwinds to come
--News of 7.5 bil new capital injection into Citigroup and
upbeat trading statement from Barclays, and UK bank,
offered some respite from the gloom that
have engulfed the financial sector recently
--Barclays said its Q4 pre-tax earnings will be in line with analysts forecasts and 2007 profit will match 2006 profit although asset writedowns end a four-year growth streak.
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