Thornburg Mortgage(TMA Quote) was also suffering, recently down 23.1% at 38 cents. An FBR analyst cut his price target on the firm as the jumbo-mortgage provider's viability remained in question. Investors have shied away from buying Thornburg's giant loans due to implicit risks. As a result, credit-rating agencies recently downgraded the firm, which is undergoing a restructuring process to stay afloat.
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
