<< Read Full Article
<< Read Full Article
Financial stocks were mostly drifting higher in step with the rest of the market on Monday, even as December new-home sales took a sizable slide.
The decline -- 4.7% from the prior month and nearly 41% year over year -- is but the latest disappointment following the bursting of the housing bubble some time ago, which led directly into the subprime muck that has blotted the financial sector so thoroughly in the past few months.
Still, the NYSE Financial Sector Index fought against today's initial downward momentum to shimmy up 195.89 points, or 2.6%, at 7,838.23, in recent trading. The KBW Bank Index also was up substantially. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.13
|
|
DOWN
104.14
|
DOWN
11.32
|
DOWN
16.62
|
DOWN
0.56
|
10 Yr
3.39%
SPDR Gold
110.95
|
|
-1.00%
|
-1.03%
|
-0.76%
|
-1.62%
|
Data delayed 20 minutes |
Connect with TheStreet