Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Home prices in November continued their fall from the bubble-high prices of 2006, dropping by 1.3 percent compared to October, according to the latest S&P/Case-Shiller 20-city report. Sales prices fell for the second consecutive month in 19 of the 20 cities the index [...]
Posts Tagged ‘percent’
U.S. stocks fall as GDP trails forecast
January 29th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened lower Friday after a report showed that the U.S. economy expanded less than forecast.. Just after the opening bell, the Dow Jones Industrial Average was lower by 33 points, the Standard and Poor’s 500 Index was flat and the [...]
Wall Street opens mixed Friday on GE, Google earnings
January 23rd, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Wall Street opened mixed to lower Friday morning following earnings reports from General Eclectic and Google that disappointed. Just after the opening bell, the Dow Jones Industrial Average was flat, the S&P 500 Index was down 3 points and the NASDAQ fell [...]
Mortgage rates fall to new lows
January 13th, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]
Dow ended final trading day of 2011 down, closed up for the year
January 3rd, 2012
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Last year was turbulent, trying and tumultuous for global stocks and commodities, And for many investors and traders, 2011 couldn’t end soon enough. In the final trading day of 2011, the Dow Jones Industrial Average closed down 69 points, but managed to [...]
Italy’s government finds borrowing costs remain high
December 30th, 2011
davidguide Linda Young – AHN News Writer Rome, Italy (AHN) – Italy’s borrowing rate came down slightly at its latest bond auction, but still remained high with investors worried over the eurozone debt crisis. Interest rates on 10-year bonds dropped by only 0.5 percentage points from the yield prices on debt auctioned in November. However, economists [...]
U.S. stocks little changed early after durable goods report
December 24th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]
Treasury sells 30-year bonds at record lows
December 18th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. Treasury Department sold $13 billion in 30-year bonds Wednesday at a record low yield of 2.925 percent. Despite the debt security having the lowest yield on record, investors in the U.S. and around the world still have a hearty appetite [...]
Israel faces housing bubble – or bust, OECD warns
December 14th, 2011
davidguide The Media Line Staff Jerusalem, Israel David Rosenberg (The Medi – Home prices – an anxious subject for both Israeli consumers and policy makers as they first raced higher and then suddenly started to sink – remain a threat to the economy, the Organization for Economic Cooperation and Development (OECD) warned on Monday. Although the [...]
US stocks look to extend last week’s impressive gains
December 6th, 2011
davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened up on Monday morning as investors and traders look to extend last week’s strong rally. Just after the opening bell on Wall Street, the Dow Jones Industrial Average climbed 157 points, the Standard & Poor’s 500 Index rose 18 [...]
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