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Wall Street: Housing report helps stocks

October 19, 2011 |  8:31 am

Wall sign -- stan honda afp getty images
Gold:
Trading now at $1,653 an ounce, unchanged from Tuesday. Dow Jones industrial average: Trading now at 11,620.83, up 0.4% from Tuesday.

Housing rebound. Some good news on the housing industry has helped stocks, but investors are sorting through lots of other conflicting news.

Morgan Stanley's results. Morgan Stanley one-upped its rival Goldman Sachs by reporting a quarterly profit this morning, but the numbers aren't as good as they look.

From AIG to Occu-Pie. The pizza shop peddling "Occu-Pie" pizzas to the protesters in lower Manhattan had to find new business after a previous big customer -- American International Group -- encountered trouble.

Historic justice. Nassim Taleb advocates a return to Hammurabi's code in dealing with the banks.

Demonstrating intelligence. Are you smarter than a Wall Street protester? Here's your chance to find out.

-- Nathaniel Popper

twitter.com/nathanielpopper

Photo: Stan Honda / Getty Images

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