In a note to clients following the release of the S&P Case-Schiller data, Rafferty Capital analyst Richard Bove tied the rising home prices to bank stock valuations. "The banks have marked down their holdings
U.S. Labor Secretary Thomas Perez said his agency will conduct a top-to-bottom review of claims against Wells Fargo, including those of whistleblowers whose cases were settled.
U.S. stocks climbed and the Dow Jones Industrial Average jumped more than 100 points thanks to gains in the tech and consumer sectors.
Stocks closed Tuesday with solid gains after Democratic presidential candidate Hillary Clinton was largely credited with a win at the first debate.