investors

Rates on 30-year mortgages jump to 11-week high

WASHINGTON -- Rates on 30-year mortgages jumped this week to the highest level since mid-March as investors began to worry about what the Federal Reserve will do to combat growing inflation pressures.

Stocks rise after durable goods data

NEW YORK -- Wall Street managed to finish an erratic session with a moderate gain Wednesday as investors found some comfort in upbeat data on durable goods orders.

Stocks higher after home sales data, lower oil

NEW YORK -- Wall Street advanced in uneven trading Tuesday after a drop in oil prices and an unexpected gain in new home sales encouraged investors to put money back into the market.

Jos. A. Bank: Clearance Sale

Dare you to find a stock more unloved than that of suit seller Jos. A. Bank Clothiers. How do we know so many investors hate the apparel retailer? Because 93% of the Jos. A. Bank shares available to investors were sold short as of April 30. For comparison, only 16% of rival Men's Wearhouse shares had been shorted.

Stocks pare losses to finish mixed after oil spikes

NEW YORK -- Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction.

Investors pool $2.1 billion for real estate fund

Los Angeles real estate firm CB Richard Ellis Investors said Wednesday that it had closed a $2.1-billion investment fund it will use to buy properties across the country.

The Week Ahead

With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent -- and this week's data could help investors gauge the mind-set of the average consumer.

Citigroup mulls up to $400 bln asset sales: source

NEW YORK (Reuters) - Citigroup Inc will present plans to sell as much as $400 billion of extraneous assets when it meets with investors and analysts on Friday, a person familiar with the situation said.

Stocks give under weight of oil's rise

Yet another new high puts crude back on investors' radar and sends three major indexes lower. The relentless rise in oil prices caught up with the stock market Wednesday when crude climbed above $123 a barrel and drove the major indexes to their worst day in almost a month.

Treasurys fall as investors gain more confidence in stocks

NEW YORK -- Treasury bond prices reversed course Tuesday, with investors pulling money out of government bonds to participate in a moderate rally in stocks.

Syndicate content