Daily Financial New - Mortgage | Real Estate | Stock Market
Stocks rise on earnings - CNNMoney.com -- A surge in energy prices and better-than-expected profit reports from Goldman Sachs and others helped stocks Tuesday.
The Dow Jones industrial average added 25 points, or 0.2%. The S&P 500 index gained 10 points, or 0.8%. The Nasdaq composite gained 20 points, or 0.8%.
Treasurys little changed on stock market gains - CNNMoney.com -- Other than an upward blip in the 30-year bond, Treasurys were little changed Tuesday as bonds investors hold back on a day offering no major economic reports.
What prices are doing: The benchmark 10-year note inched up 2/32 to 98-27/32, pushing the yield down to 3.8%. The 30-year bond rose 13/32 to 99-9/32, and its yield fell to 4.67%. Bond prices and yields move in opposite directions.
Meanwhile, prices fell on shorter term Treasurys .The 2-year note slipped 1/32 to 99-22/32 with a 1.02% yield. The 5-year note fell 2/32 to 99-27/32 with a yield of 2.54%.
What's moving the market: The stock market welcomed good news from Goldman Sachs, which despite facing fraud charges, posted a stronger-than-expected profit of $3.5 billion in its latest quarter. Since Tuesday offered no major economic reports, bond investors are either holding back or taking their cues from
Mortgage Calculator
|
Use these calculators to facilitate your online loan process. How much can I borrow?
How much can I save in taxes?
Am I better off renting?
What home can I afford?
Am I better off refinancing?
How much will my payments be?
|


