Industry News - Mortgage Stocks
| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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