Tag: fannie mae and freddie mac
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US Stocks Join Global Market Rally
U.S. stocks soared early Tuesday to step into a third straight day of gains as hopes Europe will act to tackle the region’s debt crisis sparked further buying. The Dow Jones Industrial Average lately gained 245.94 points, or 2.23%, to 11,289.80. The S&P 500 Index added 25.81 points, or 2.22% to 1,188.76 and the Nasdaq…
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Dow Closed Down More Than 500 Points
U.S. stocks shuddered again Wednesday as concerns about France’s credit outlook added to a lengthening list of reasons investors used to sell stocks. The Dow Jones Industrial Average dropped 519.83 points, or 4.62%, to 10,719.94. The S&P 500 fell 51.77 points, or 4.42%, to 1,120.76. The Nasdaq Composite fell 101.47 points, or 4.09%, to 2,381.05.…