<< Read Full Article
<< Read Full Article
Updated from 9:39 a.m. EST
Stocks on Wall Street were in a slump Tuesday morning, as financial firms were working to accommodate strains on homeowners, U.S. automakers fumbled for answers to a stark business outlook and corporate earnings statements remained lackluster.
The Dow Jones Industrial Average lost 237 points to 8633, and the S&P 500 fell 26 points to 893. The Nasdaq gave back 40 points to 1577.
Among stocks in the news, Citigroup (C Quote) said it would alter terms for mortgages to avoid foreclosure proceedings on as much as $20 billion in at-risk home loans. Last Friday, JPMorgan Chase (JPM Quote) announced a similar mortgage-refinance program, covering $110 billion in loans. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
Oil *
71.66
|
|
UP
65.67
|
UP
4.06
|
DOWN
0.55
|
UP
0.58
|
10 Yr
3.54%
SPDR Gold
109.32
|
|
+0.63%
|
+0.37%
|
-0.03%
|
+1.67%
|
Data delayed 20 minutes |
Connect with TheStreet