Stocks snapped a four-day winning streak Wednesday after a trio of weak economic reports tarnished the shine on recovery hopes. Wal-Mart led the few Dow gainers after an analyst's remarks.
Stocks pared their losses Wednesday after a trio of weak economic reports got the market off to a lower start. Wal-Mart led Dow gainers after an analyst's remarks.
Stocks retreated Wednesday as a weak ADP report on the employment situation, and misses on both ISM services and factory orders offered a reminder that the economy isn't out of the woods.
Stock index futures pointed to a lower open Wednesday ahead of key jobs and mortgage data and comments from Federal Reserve Chairman Ben Bernanke on the state of the economy.
Home builder Toll Brothers reported a loss for its fiscal second quarter Wednesday that was slightly wider than analysts predicted, as revenue halved from the same period a year ago.
Friday, 29 May 2009 | Source: The Associated Press
Thousands of first-time homebuyers will be able to get short-term loans so they can quickly make use of a new $8,000 tax credit to pay for some of the costs of buying a home purchase.
Stocks shot out of the gate Wednesday as banks rallied after Bank of America moved to boost capital and investors were hopeful that the worst may be over for the economy.
Stock index futures pointed a higher open Wednesday as investors looked for insight on the Federal Reserve's recovery strategy and Bank of America moved to boost capital.
To give a full perspective on the state of the housing market, former HUD Secretary Henry Cisneros gives his expert perspective on where we are in the housing crisis and the important things to look for going forward.... Read More