After horrid January, stocks eye stimulus (Reuters)

The stream of bleak news reached fever pitch after U.S. companies shed more than 200,000 jobs in January and some investors worried a plan to shore up banks may take longer to come together.

Manufacturer of oil tanks India.

"If they come up with a plan -- any kind of plan -- the market will rally a little bit next week," said Warren Simpson , managing director at Stephens Capital Management in Little Rock, Arkansas . But Simpson cautioned that without a plan, stocks could retest the November bear market lows. Indeed, David Kostin, Goldman Sachs chief U.S. equity strategist, said in a research note that the S&P 500 could challenge this low during the first quarter of 2009.

Full Story: After horrid January, stocks eye stimulus (Reuters)