Industry News - Mortgage Stocks
| 06-17-2009
- U.S. Stock Futures Retreat on Disappointing FedEx Forecast |
| U.S. stock futures fell, signaling the Standard & Poor’s 500 Index may retreat following its worst two-day slide since April, as a disappointing forecast at FedEx Corp. spurred concern business spending isn’t improving.
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| 06-16-2009
- As housing begins to improve U.S. Stock Futures Gain |
| U.S. stock futures extended gains, indicating the Standard & Poor’s 500 Index may rebound from its biggest drop in a month, as housing starts topped economists’ estimates in May and higher oil prices lifted energy shares.
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| 06-15-2009
- What is rising on Kudrin? Stocks, Commodities Retreat; Dollar, Treasuries |
| Stocks fell, sending the MSCI World Index lower for a second day, and commodities dropped after the Group of Eight finance ministers signaled they may start to withdraw stimulus spending. The dollar rose as Finance Minister Alexei Kudrin said Russia has confidence in the U.S. currency.
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| 06-09-2009
- U.S. Stock-Index Futures Rise on Texas Instruments Forecast |
| By Elizabeth Stanton
U.S. stock futures advanced on a better-than-estimated earnings forecast from Texas Instruments Inc. and expectations the government is prepared to allow 10 banks to repay rescue funds. Treasuries rose for the first time in four days and European stocks advanced.
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| 06-08-2009
- U.S. Stock Futures Drop on Valuations; Oil Falls, Dollar Gains |
| By Daniela Silberstein
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may drop for a second day, amid speculation the three-month rally has outpaced the prospects for earnings growth as borrowing costs rise. Shares in Europe and Asia retreated.
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| 06-08-2009
- U.S. Stocks Erase Losses After Krugman Predicts Recession’s End |
| By Lynn Thomasson
U.S. stocks rose, erasing the Dow Jones Industrial Average’s decline for 2009, after Nobel Prize- winning economist Paul Krugman said the economy will probably emerge from recession by September. Oil rebounded in electronic trading and yields on Treasury two-year notes extended gains.
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| 06-05-2009
- U.S. Stock Futures Surge as Fewer Jobs Than Forecast Are Cut |
| By Lynn Thomasson
U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will extend its third straight weekly gain, after data showing employers cut fewer jobs than forecast last month boosted optimism the recession is ending.
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| 06-02-2009
- U.S. Stocks Advance, Briefly Erasing Dow’s Loss for 2009 |
| By Lynn Thomasson
U.S. stocks rose, briefly erasing the Dow Jones Industrial Average’s loss for the year, as the biggest increase in pending home sales in seven years spurred optimism that the worst of the housing slump is over.
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| 06-01-2009
- Stocks, Commodities, Pound Advance; Dollar, Treasuries Decline |
| By Daniel Hauck
Stocks climbed, sending the MSCI World Index to the highest level since November, and oil and metals advanced as manufacturing in China signaled the worst of the global recession may be ending. Treasuries declined and the dollar fell.
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| 05-29-2009
- Stocks in Europe, Asia Advance on Economy; U.S. Futures Gain |
| By Sarah Jones
European and Asian stocks climbed and U.S. futures rose, extending the MSCI World Index’s third straight monthly gain, as data on Japanese industrial output and India’s economy signaled the worst of the recession may be over.
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