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.
 
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.
 
02-13-2009 - Stocks in Europe, Asia Climb; Barclays, ThyssenKrupp Advance
By Adria Cimino Stocks in Europe and Asia advanced, sending the MSCI World Index higher for the first time in four days, on speculation governments will expand efforts to revive the economy. U.S. index futures climbed.
 
02-12-2009 - U.S. Stock Futures Drop on Jobless Claims, Stimulus Skepticism
By Jeff Kearns U.S. stock-index futures fell, extending a global drop in equities, as jobless claims climbed to a record and investors speculated government measures will fail to revive the world’s economy.
 
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.
 
02-11-2009 - Banks Shares Lead Declines as Europe Tracks U.S. Losses
By ISHAQ SIDDIQI European markets Wednesday tracked Wall Street's sharp overnight losses, with financial stocks leading the declines.
 
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.
 
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.
 
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.
 
02-09-2009 - U.S. Stocks Retreat on Concern Recession Is Hurting Spending
By Jeff Kearns U.S. stocks retreated for the first time in three days as disappointing earnings at Whirlpool Corp. reinforced concern the recession is decimating consumer spending.
 
02-06-2009 - U.S. Stock Futures Rise on Optimism Jobs Data to Spur Stimulus
By Eric Martin U.S. stock-index futures advanced on speculation a government report showing the highest unemployment rate since 1992 will force Congress to pass an economic stimulus package.
 
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.
 
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.
 
02-02-2009 - Stocks in Europe and Asia, U.S. Futures Drop; Barclays Slides
By Daniela Silberstein Stocks fell in Europe and Asia, extending the MSCI World Index’s worst start to a year, as the deepening global recession batters corporate earnings. U.S. index futures retreated.
 
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.
 
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.
 
01-28-2009 - U.S. Equity Futures, Global Stocks Rally on ‘Bad Bank’ Plan
B U.S. stock-index futures rose, extending a global rally, on speculation President Barack Obama will set up a so-called bad bank to absorb financial firms’ toxic assets and spur lending. y Adam Haigh and Cordell Eddings
 
01-27-2009 - U.S. Stock Futures Rise; Texas Instruments, American Express
By Cordell Eddings and Adria Cimino U.S. stock futures advanced as earnings from Texas Instruments Inc. and Travelers Cos. beat analysts’ estimates and Japan and Australia broadened efforts to support financial institutions.
 
01-26-2009 - European Stocks Climb, Led by Barclays, ING; U.S. Futures Rise
By Adam Haigh European stocks gained for the first time in six days as Barclays Plc and ING Groep NV reassured investors they are taking steps to stem credit-related losses. U.S. index futures advanced, while Japanese shares fell.
 
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.
 
01-23-2009 - Stocks in Europe, Asia, U.S. Futures Fall; Samsung, Pfizer Drop
By Adam Haigh Stocks declined around the world, driving Europe’s Dow Jones Stoxx 600 Index to the lowest level in more than five years, as concern deepened the global economic slump will erode earnings.
 
01-22-2009 - U.S. Stock-Index Futures Fall on Earnings, Recession Concerns
By Daniela Silberstein and Elizabeth Stanton U.S. stock futures retreated as companies from EBay Inc. to Nokia Oyj reported falling profits and reports on housing starts and jobless claims signaled the recession is deepening.
 
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%.
 
01-21-2009 - U.S. Stocks Rise on Obama Plan; Citigroup, Bank of America Gain
By Elizabeth Stanton. U.S. stocks rebounded from a two- month low on speculation a plan from President Barack Obama will shore up banks, offsetting concern that General Electric Co. will cut its dividend.
 
01-20-2009 - U.S. Stock-Index Futures Retreat; Exxon, Alcoa, Pfizer Decline
By Daniela Silberstein. U.S. stock-index futures declined, indicating the Standard & Poor’s 500 Index will fall for the first time in three days, on concern the deepening global recession will hurt profits.
 
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.
 
01-15-2009 - U.S. Stocks Fall on Jobless Claims, Prices Data; Banks Slump
By Eric Martin U.S. stocks fell for a second day as concern grew that Bank of America Corp. will need more government aid, while reports showed declining producer prices and an increase in initial jobless claims.
 
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.
 
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.
 
01-12-2009 - World stocks down as markets fret over US earnings
World markets fell modestly Monday, with investors fretting over the outlook for the world economy as the latest U.S. corporate earnings season kicks off.
 


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