Industry News - Mortgage Stocks
| 11-28-2008
- U.S. Stocks Swing Between Gains, Losses; GM Rises, Exxon Falls |
| By Elizabeth Stanton.
U.S. stocks drifted between gains and losses on the final day of the market’s best week in three decades as speculation that government bailouts will shore up the economy offset concern over waning demand for computer products and energy.
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| 11-26-2008
- Rough start seen for stocks |
| Futures point to weak open on Wall Street ahead of wave of economic reports - all of which are expected to be dismal. |
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| 11-26-2008
- U.S. Stocks Advance, Led by Technology Shares; GM, Ford Rally |
| By Elizabeth Stanton
U.S. stocks gained for a fourth day as investors snapped up technology shares trading near their cheapest level on record and speculated that President-elect Barack Obama’s economic team will help bolster growth.
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| 11-25-2008
- Stocks set for higher open |
| After a record 2-day gain for the Dow, Wall Street could extend rally into third day. Futures higher following bailout details from Fed and Treasury.
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| 11-24-2008
- Block Trades Disappear as Volatility, Losses Increase |
| By Edgar Ortega
Block trades, dwindling in the U.S. for a decade because of electronic markets, have all but disappeared as the credit crisis and near-record volatility dissuade investors from selling equity in chunks. |
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| 11-13-2008
- U.S. Stocks Fall on Treasury Strategy Shift, Best Buy Forecast |
| U.S. stocks fell for a third day as the Treasury`s plan to use bailout funds to shore up consumer lending and Best Buy Co.`s warning of a ``seismic`` slowdown in spending stoked concern the credit crisis is far from over, according to Bloomberg.
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| 11-06-2008
- U.S. Stocks Post Biggest Post-Election Drop on Economic Concern |
| By Elizabeth Stanton
The stock market posted its biggest plunge following a presidential election as reports on jobs and service industries stoked concern the economy will worsen even as President-elect Barack Obama tries to stimulate growth.
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| 10-29-2008
- Pound Heads for Biggest Two-Day Gain Against Dollar in 16 Years |
| By Lukanyo Mnyanda and Agnes Lovasz
The pound headed for its biggest two-day advance against the dollar in more than 16 years as stocks rallied around the world and a report showed mortgage approvals rose for the first time since June 2007.
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| 10-17-2008
- U.S. Stocks Drop as Housing, Consumer Data Offset Buffet's Buys |
| By Eric Martin
U.S. stocks fell, capping a day that sent the Standard & Poor's 500 Index swinging between gains and losses at least 28 times, as worsening consumer confidence and housing data overshadowed Warren Buffett's advice to buy shares.
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| 10-15-2008
- US stocks set to open mixed ahead of retail sales |
| By Madlen Read
Wall Street headed for a mixed open Wednesday ahead of some key reports on retail sales and bank earnings that could show investors how badly the financial crisis is slamming the broader economy.
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| 10-14-2008
- Stocks struggle after spike |
| By Alexandra Twin
Dow and S&P 500 seesaw and the Nasdaq declines as investors show caution after a historic rally.
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| 10-13-2008
- European and British Investors point higher as they get government |
| NEW YORK - Investors cheered the global response to the deepening financial crisis, with U.S. stock futures pointing to a rally at the open.
About three hours before the market open, Nasdaq and S&P futures were sharply higher, with a comparison to fair value pointing to a high start for Wall Street. |
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| 10-13-2008
- Big rally on Wall Street |
| By Alexandra Twin
Dow jumps over 550 points, pushing back above the 9,000 level, as investors bet the worst is over.
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| 10-06-2008
- U.S. Stock Futures Decline After Global Credit Crunch Deepens |
| By Nick Baker and Sarah Jones
U.S. stock-index futures dropped after bank bailouts in Europe widened and lower crude prices weighed on oil companies, deepening concern that credit-market losses will worsen a global economic slowdown. |
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| 10-03-2008
- U.S. Stock Futures Rise as Lawmakers Support Bank Rescue Bill |
| By Michael Patterson
Oct. 3 (Bloomberg) -- U.S. stock-index futures climbed as lawmakers who helped defeat a $700 billion bank-rescue package said they may switch their votes today and investors increased bets the Federal Reserve will cut interest rates.
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| 10-03-2008
- Bank deal, bailout vote propel stock gains |
| By Ellis Mnyandu
Stocks advanced on Friday as Wells Fargo's proposed acquisition of troubled U.S. bank Wachovia Corp lifted financial shares and the House of Representatives readied to a vote on a $700 billion plan to shore up financial markets. |
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| 10-02-2008
- U.S. Stocks Drop on Economic Data, Rising Bank Rates; GE Falls |
| By Lynn Thomasson
Oct. 2 (Bloomberg) -- U.S. stocks dropped for a second day as a jump in borrowing costs and reports showing a worsening economy spurred concern that the government's $700 billion bank bailout plan won't be enough to stimulate growth.
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| 10-01-2008
- Stocks drop ahead of Senate vote |
| NEW YORK (CNNMoney.com) -- Stocks slipped Wednesday morning as investors took a step back from the previous session's rally and geared up for the Senate vote later on a tweaked version of the $700 billion bailout package.
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| 09-30-2008
- Stock rally speeds up |
| Dow jumps 400 points on bets that a bailout plan can get passed. But September truly is the worst month. |
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