Industry News - Mortgage Stocks

01-09-2009 - U.S. Stock Futures Advance on Jobs Data; Goldman, Google Rise
By Michael P. Regan U.S. stock futures rose after a government report showed firings were in line with forecasts last month, spurring speculation that stock prices have fallen enough to reflect the recession.
 
01-08-2009 - Stock futures briefly cut losses after claims
by Ellis Mnyandu Stock index futures briefly pared losses on Thursday following government data showing an unexpected fall in new claims for unemployment benefits in the latest week.
 
01-06-2009 - Stocks end winning streak
By Kate Gibson. U.S. stocks declined Monday, with investors taking profit after a three-session winning streak while sifting through December sales results from automakers.
 
01-05-2009 - U.S. Stocks Fall on Earnings Concern; AT&T, JPMorgan Retreat
By Lynn Thomasson U.S. stocks fell for the first time in four days as concern that a slump in corporate profits will stretch into 2009 overshadowed speculation the government will revive the economy with tax cuts.
 
01-02-2009 - Wall Street stocks off to quiet start for 2009
Wall Street stocks inched higher at Friday's open but most investors appeared to be waiting until Monday to begin 2009 trading in earnest. World stock markets kicked off the new trading year on a fairly upbeat tone as European and Asian indexes rose, though trading volumes remained light.
 
12-31-2008 - U.S. Stock-Index Futures Advance After Jobless Claims Decrease
By Elizabeth Stanton U.S. stock futures gained, signaling the Standard & Poor’s 500 Index may trim its worst yearly loss since 1931, after initial jobless claims decreased more than forecast.
 
12-30-2008 - Stocks in Europe, Asia, U.S. Futures Gain; Arcelor, GM Rise
By Adria Cimino. Stocks in Europe and Asia climbed, trimming the MSCI World Index’s worst annual decline on record, as governments stepped up measures to boost the global economy. U.S. index futures advanced.
 
12-29-2008 - Stocks in Europe, Asia Climb, Led by BP, Woodside, Insurers
By Adria Cimino Stocks climbed in Europe and Asia as higher oil and metals prices lifted commodity producers, while merger speculation boosted Japanese insurers and technology companies. U.S. index futures were little changed.
 
12-29-2008 - U.S. Stocks Drop as Dow Chemical, Rohm Overshadow Energy Gains
By Eric Martin U.S. stocks fell the most in a week as Dow Chemical Co. and Rohm & Haas Co. plunged after funding for their merger fell through, raising concern companies may be unable to complete deals as financing disappears.
 
12-26-2008 - U.S. Stock-Index Futures Advance as GM Rises; Asian Shares Gain
By Elizabeth Stanton. U.S. stock futures rose, indicating the Standard & Poor’s 500 Index may trim its weekly decline, as General Motors Corp. rallied after the Federal Reserve allowed GMAC LLC to convert into a bank. Asian shares gained.
 
12-24-2008 - U.S. Stocks Gain as Durable Goods Top Forecasts; Deere Climbs
By Eric Martin. U.S. stocks gained for the first time in three days after orders for durable goods topped economists’ forecasts last month, easing concern that business investment would plummet amid the recession.
 
12-23-2008 - Stocks fall in light trade
By Madlen Read and Sara Lepro. Wall Street began a holiday-shortened week with a moderate pullback Monday as investors recoiled at bleak news from Toyota Motor Corp. and drugstore operator Walgreen Co.
 
12-22-2008 - Stocks set to open higher
Investors look to start short pre-holiday week with higher trading. Toyota cutting earnings forecast turns world markets.
 
12-19-2008 - Stocks Finish With Losses
U.S. stocks closed lower Wednesday as profit taking halted a rally that began Tuesday with the Federal Reserve's record interest rate cut.
 
12-18-2008 - Higher open seen for stocks
Futures tick higher as oil prices hold near 4-1/2 year low. Jobless claims and Fedex earnings slightly better than expected.
 
12-17-2008 - Stocks headed for a retreat
Futures decline as investors catch their breath after previous session's rally. Morgan Stanley posts huge loss.
 
12-16-2008 - U.S. 30-Year Bond Yield Falls to Record Before Fed
By Dakin Campbell Yields on 30-year Treasury bonds fell to a record low, dropping below 3 percent for a second straight day, amid speculation the Federal Reserve will cut interest rates tomorrow and provide details on whether it will buy government debt.
 
12-16-2008 - Stocks rally after Fed cuts
By Alexandra Twin. Wall Street surges after the central bank cuts a key interest rate to the lowest level on record.
 
12-15-2008 - Stocks Hold the Line in Early Trading
With the auto bailout in doubt and energy prices on the rise, traders appear to be taking few early risks.
 
12-15-2008 - U.S. Stocks Drop as Reports Show Worsening Manufacturing Slump
By Whitney Kisling. U.S. stocks fell, wiping out last week’s gain, after reports showed the manufacturing slump is worsening and analysts said the shrinking economy will hurt earnings at companies from Apple Inc. to JPMorgan Chase & Co.
 
12-12-2008 - Global Stocks, Dollar Tumble as Auto Bailout Fails; GM Slumps
By Chen Shiyin and Adam Haigh. Stocks tumbled around the world and the dollar slumped after the Senate rejected a bailout for American automakers, threatening to deepen the global recession. Treasuries rallied and yields fell to record lows.
 
12-11-2008 - U.S. Stock Futures Drop on Jobless Claims, Wider Trade Gap
By Whitney Kisling U.S. stock-index futures declined after first-time jobless claims jumped more than forecast to a 26-year high and the nation’s trade deficit unexpectedly widened following a third consecutive decrease in exports.
 
12-10-2008 - U.S. Stock Futures Gain; General Motors, Ford Climb in Europe
By Adria Cimino and Whitney Kisling U.S. stock futures rose on speculation lawmakers will approve a $15 billion bailout to keep automakers afloat in the government’s latest effort to boost the economy. Asian shares climbed, while Europe’s Dow Jones Stoxx 600 Index was little changed.
 
12-09-2008 - U.S. Stock-Index Futures Drop; FedEx, Texas Instruments Retreat
By Daniela Silberstein and Whitney Kisling U.S. stock futures fell, indicating the market may halt a two-day advance, after companies from FedEx Corp. to Texas Instruments Inc. forecast earnings that disappointed investors as the recession crimps sales.
 
12-08-2008 - U.S. Stock Futures Rise as Obama Pledges Spending; GE, GM Gain
By Daniela Silberstein U.S. stock futures rallied after President-elect Barack Obama pledged the largest infrastructure- spending package since the 1950s to stimulate economic growth and lawmakers worked to reach an agreement on automaker aid.
 
12-05-2008 - U.S. Stock Futures Drop as Job Cuts Top Economists’ Forecasts
By Elizabeth Stanton U.S. stock-index futures tumbled after employers cut more jobs than economists forecast in November, spurring concern that the recession is deepening.
 
12-04-2008 - U.S. Stock-Index Futures Decline; General Motors, Merck Retreat
By Elizabeth Stanton U.S. stock futures fell as General Motors Corp. executives considered a pre-arranged bankruptcy filing in exchange for a government bailout and Merck & Co. said profit may miss analysts’ forecasts.
 
12-03-2008 - European Stocks, U.S. Index Futures Fall; Infineon, ASML Drop
By Adam Haigh Stocks fell in Europe and U.S. index futures dropped on disappointing earnings from Infineon Technologies AG and Research In Motion Ltd., a record contraction in European services and higher-than-forecast job cuts in America.
 
12-02-2008 - Stocks point to higher open after big drop
By SARA LEPRO. Wall Street headed toward a higher open Tuesday, following a now-familiar pattern of snapping back after a huge selloff. Investors, while looking for bargains, are focusing on the health of retailers and automakers.
 
12-01-2008 - Stock futures point lower ahead of economic data
Wall Street appeared ready to give back some of last week's big gains Monday as investors, uneasy about the holiday shopping season, awaited some key economic reports.
 


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