Industry News - Mortgage Stocks
| 03-19-2009
- Stocks Rise; MSCI World Has Longest Streak of Gains Since 2006 |
| By Daniela Silberstein
Stocks climbed, sending the MSCI World Index to the longest stretch of gains since 2006, as the Federal Reserve said it will buy $300 billion of government bonds to combat the first global recession since World War II.
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| 03-18-2009
- U.S. Stocks Gain, 10-Year Treasury Yields Fall Most Since 1962 |
| By Cristina Alesci and Daniel Kruger
U.S. stocks and Treasuries surged and the dollar tumbled after the Federal Reserve unexpectedly announced plans to buy $1 trillion of bonds in an effort to lower consumer borrowing costs and end the recession.
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| 03-17-2009
- Europe Stocks Fall for First Time in Six Days; Asia Shares Gain |
| By Adria Cimino
European stocks dropped for the first time in six days, led by commodity producers as Alcoa Inc. cut its dividend and Royal Dutch Shell Plc failed to match all of last year’s oil and gas production with new discoveries. U.S. index futures fluctuated, while Asian shares advanced.
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| 03-12-2009
- Stocks in Europe and Asia Decline; BMW, K+S Shares Lead Drop |
| By Adam Haigh
Stocks in Europe and Asia fell for the first time in three days as companies from Bayerische Motoren Werke AG to K+S AG posted disappointing results. U.S. futures pared losses after February retail sales exceeded estimates.
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| 03-12-2009
- U.S. Stocks Gain After GE Says Rating Cut Won’t Hurt Business |
| By Rita Nazareth
U.S. stocks advanced for a third day as General Electric Co. said the loss of its top credit rating at Standard & Poor’s won’t hurt business and Bank of America Corp. said it was profitable in January and February.
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| 03-11-2009
- Stocks in Europe, Asia, U.S. Futures Climb; Rio Tinto Advances |
| By Adam Haigh
March 11 (Bloomberg) -- Stocks in Europe and Asia rose and U.S. futures climbed after this year’s biggest rally in the Standard & Poor’s 500 Index, as a jump in Chinese factory spending lifted commodities shares and banks advanced.
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| 03-10-2009
- US STOCKS SNAPSHOT-Wall St jumps as banks boost sentiment |
| U.S. stocks rallied further on Tuesday after Citigroup (C.N) said it was profitable in the first two months of 2009 and a key lawmaker said he expects a rule that makes it harder to bet that a share's price will fall will be reinstated soon.
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| 03-06-2009
- U.S. Stocks Gain as Oil Helps Dow Jump 150 Points in 35 Minutes |
| By Cristina Alesci and Rita Nazareth
U.S. stocks rose, led by banks and energy shares, as General Electric Co.’s plan to bolster capital and oil’s 5.6 percent surge sent the Dow Jones Industrial Average up over 150 points in the final 35 minutes of trading.
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| 03-05-2009
- European Stocks, U.S. Futures Drop; Aviva, Salzgitter, BHP Fall |
| By Sarah Jones
European stocks and U.S. futures fell after Aviva Plc, the biggest U.K. insurer, reported a loss, China quelled speculation that the government will add to its stimulus plan and Goldman Sachs Group Inc. said the global economy is worsening. Shares in Asia advanced.
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| 03-05-2009
- U.S., European Stocks Drop as China Signals No Added Stimulus |
| By Cristina Alesci and Jeff Kearns
U.S. and European stocks fell, driving the Standard & Poor’s 500 Index to the lowest level since 1996, after Moody’s Investors Service said it may cut JPMorgan Chase & Co.’s credit rating and China quelled speculation the government will add to its stimulus plan.
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| 03-04-2009
- Stocks Rise Around the World; Commodities Gain, Treasuries Fall |
| By Adam Haigh
Stocks rose around the world, commodity prices rallied and Treasuries fell on speculation China will broaden efforts to boost growth in the world’s third-largest economy. The Shanghai Composite Index jumped the most in four months.
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| 02-24-2009
- Stocks in Europe, Asia Decline; MSCI World Falls for 11th Day |
| By Adria Cimino
Stocks in Europe and Asia retreated, extending the MSCI World Index worst start to a year, as the deepening recession eroded earnings and pushed German business confidence to a 26-year low. U.S. futures rose after the Standard & Poor’s 500 Index closed at the lowest level since 1997.
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| 02-24-2009
- U.S. Stocks Gain on Cheaper Valuations as Citigroup, Banks Rise |
| By Lynn Thomasson
U.S. stocks advanced the most in a month, halting a six-day decline, after Federal Reserve Chairman Ben S. Bernanke’s statement that banks need not be nationalized helped lift equities from their lowest valuations in two decades. |
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| 02-23-2009
- Stocks in Europe, Asia, U.S. Futures Gain; Xstrata, RBS Rise |
| By Adria Cimino
Stocks in Europe and Asia climbed, sending the MSCI World Index higher for the first time in 10 days, and U.S. index futures gained as financial regulators said the major American banks are more than well capitalized.
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| 02-20-2009
- Stocks Drop Around the World; Stoxx 600 Falls to 6-Year Low |
| By Lynn Thomasson
Stocks tumbled around the world, sending the Standard & Poor’s 500 Index to its biggest weekly drop since November, on concern the deepening recession will force banks to seek more government aid. Europe’s Dow Jones Stoxx 600 Index slid to a six-year low, and Japan’s Topix Index declined to the worst level since 1984.
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| 02-18-2009
- Stocks in line for a rise |
| Investors poised to react to auto aid requests, Obama housing plan and 'oversold' market.
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| 02-18-2009
- Stocks churn on economic woes |
| By Alexandra Twin
Major indexes struggle for direction on ongoing economic worries. Obama's housing plan and Fed forecast are in focus.
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