from npr news in washington, i am lakshmi singh.
sharp drop in u.s. stocks today on fading hopes of economic stimulus from the fade disappointing reports from euro zone and china makes data on the u.s. economy. at last check on wall street, the dow was off 114 points at 13,058. new home sales are at the highest level in two years after claiming 3.6% last month. brian wesbury chief economist with first trust in illinois says he's convinced housing is on the mend. "just about every housing member we have se