Industry News - Mortgage Stocks
| 02-17-2009
- Stocks Decline, Led by UniCredit, Banks; Gold, Treasuries Gain |
| By Sarah Jones and Patrick Rial
Stocks in Europe and Asia dropped and U.S. futures slumped on concern banks may face rating downgrades and further losses as the recession deepens. Gold climbed to a seven-month high, while Treasuries gained.
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| 02-17-2009
- Stocks sink to 3-month lows |
| By Alexandra Twin
Financials lead a selloff sparked by worries the $787 billion stimulus plan won't go far enough. Automakers in the hot seat.
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| 02-12-2009
- Stocks slump in early trading |
| Dow falls to fresh 3-month lows as investors continue to worry about the government's ability to temper the slowdown.
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| 02-11-2009
- Stocks open moderately higher after sell-off |
| By SARA LEPRO
A day after a steep selloff on Wall Street, investors are looking for bargains but are still very cautious about the banking industry and the overall economy.
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| 02-10-2009
- Stocks set to retreat |
| U.S. markets poised to pull back at Tuesday's open amid new warnings from Obama about economy.
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| 02-10-2009
- Stock selloff accelerates |
| By Alexandra Twin
Wall Street retreats as administration's new version of the bank bailout plan fails to soothe jittery investors.
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| 02-03-2009
- Stocks in Europe, Asia Gain; U.S. Futures Are Little Changed |
| By Daniela Silberstein
Stocks in Europe and Asia rose after Vodafone Group Plc and Commonwealth Bank of Australia reported results that beat analysts’ estimates, while governments stepped up measures to revive economic growth. U.S. index futures were little changed.
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| 02-03-2009
- U.S. Stocks Advance as Merck, Schering Lead Rally in Drugmakers |
| By Elizabeth Stanton
U.S. stocks gained, snapping a three-day drop, as earnings topped estimates at Merck & Co. and Schering-Plough Corp. and Treasury Secretary Timothy Geithner said the government will step up efforts to fight the recession.
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| 01-30-2009
- U.S. Stock-Index Futures Gain; Amazon, SunPower Rise in Europe |
| By Daniela Silberstein
U.S. stock-index futures gained, indicating the Standard & Poor’s 500 Index will extend its first weekly advance in almost a month, as better-than-expected earnings from Amazon.com Inc. overshadowed concern the economy shrank further last quarter.
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| 01-29-2009
- U.S. Stock Futures Fall on Earnings, Durable Goods, Jobs Data |
| By Cordell Eddings and Adam Haigh
U.S. stock futures fell, signaling the market may halt a four-day advance, as more companies posted disappointing earnings and reports on durable goods and jobless claims spurred concern the recession is deepening.
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| 01-26-2009
- Stocks rise in early trading |
| Wall Street gains in early going as Pfizer-Wyeth merger overshadows barrage of job cuts at Caterpillar, Spring Nextel and Home Deport. |
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| 01-21-2009
- Stocks dragged down by banking worries |
| By Walter Hamilton
Bank stocks plunge on news of an unexpected loss at State Street and capital concerns at Bank of America. The market suffers its worst sell-off of the new year, with the Dow falling 4%.
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| 01-16-2009
- Global Stocks Rise; MSCI World Gains First Time in Eight Days |
| By Sarah Jones
Stocks in Europe and Asia rallied, sending the MSCI World Index to its first gain in eight days, and U.S. futures rose after Bank of America Corp. received a $138 billion lifeline and Intel Corp. said profitability may rebound. UBS AG increased 3.7 percent as the U.S. government agreed to invest $20 billion more in Bank of America and guaranteed $118 billion of assets to help the lender absorb Merrill Lynch & Co. Citigroup Inc. rose 5.2 percent after saying it will split in two. Infineon Technologies AG and Hynix Semiconductor Inc. added more than 3 percent, while Intel gained 4.1 percent.
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| 01-14-2009
- Stocks set for chilly open |
| Futures point to a lower start as Deutsche Bank's warning and Citi-Morgan Stanley venture highlight financial services woes; retail sales plunge in December.
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| 01-13-2009
- Stock futures drop on economic worry and Citi jitters |
| By Ellis Mnyandu.
Stock index futures fell on Tuesday as mounting fallout from the economic slump drove a worldwide equities sell-off and investors set their sights on a push for remaining financial rescue funds in Washington.
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