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Financial-related exchange traded-funds were among best performers during the last week of November, as dovish comments from the Federal Reserve and a possible freeze on adjustable-rate mortgages boosted related stocks.
Citigroup (C Quote) was the focus Tuesday, after the company said it will receive a $7.5 billion cash injection by selling a stake in the firm to an entity controlled by the government of Abu Dhabi.
On Wednesday, Fed Vice Chairman Donald Kohn said policymakers need to be "flexible and pragmatic" in order to deal with the uncertainty in the economy and financial arena, bolstering hopes for those who want to see the Fed reduce rates again. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
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|
UP
34.92
|
UP
4.14
|
UP
6.16
|
DOWN
0.30
|
10 Yr
3.20%
SPDR Gold
115.65
|
|
+0.34%
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+0.38%
|
+0.29%
|
-0.93%
|
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