Tag: mortgage agencies
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Stocks Ended Up on Earnings, Fell for the Week
U.S. stocks closed higher Friday as earnings and merger activity overshadowed worries about the U.S. debt situation. However,they dropped more than 1% for the week. The Dow Jones Industrial Average added 42.61 points, or 0.34%, to 12,479.73. The S&P 500 gained 7.27 points, or 0.56%, to 1,316.14. The Nasdaq Composite added 27.13 points, or 0.98%,…