In other news, NATO announced three American soldiers were killed in a roadside bombing in southern Afghanistan on Tuesday, and election officials there declared Hamid Karzai the outright winner of last month's presidential election.
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In other news today, stocks rose again on word that industrial output was up in August. The Dow Jones Industrial Average gained 108 points to close above 9,791. The Nasdaq rose 30 points to close at 2,133.
NATO announced three U.S. troops in Afghanistan died Tuesday in a roadside bombing. That makes 22 Americans killed this month. Just yesterday, the chairman of the U.S. Joint Chiefs endorsed the idea of sending more troops. But today, President Obama said he isn't ready to announce anything.
U.S. PRESIDENT BARACK OBAMA:
There is no immediate decision pending on resources, because one of the things that I'm absolutely clear about is, you have to get the strategy right and then make determinations about resources. You don't make determinations about resources and certainly you don't make determinations about sending young men and women into battle without having absolute clarity about what the strategy is going to be.
A number of leading Democrats in Congress have said in recent days they will oppose sending more U.S. troops to Afghanistan, at least for now.
Afghan election officials announced today that President Hamid Karzai won last month's presidential vote outright. The unofficial results showed Karzai with more than 54 percent of the vote. His closest challenger, Abdullah Abdullah, had nearly 28 percent. Despite allegations of fraud, a Karzai spokesman said the opposition would need a "miracle" to overturn the result.
In Iraq, Vice President Biden pressured the country's leaders to work out their political differences. He made the rounds in Baghdad, meeting with top Sunni and Shiite leaders. It was the second day of the vice president's three-day visit to Iraq.
Back in this country, the community organizing group ACORN said today it will launch an independent investigation into allegations of misconduct. The organization ordered the probe after firing at least four employees in Washington and Baltimore. Hidden-camera video caught them appearing to counsel illegal activity. In one case, a woman posing as a prostitute was urged to lie about her work to gain benefits. The Senate voted Monday to block federal grants to ACORN.