Monday, April 09, 2007
Stocks close mainly higher; Dow nabs seventh straight gain
4:30 pm ET Apr 9, 2007
DJIA
12,569
+8.94
S&P
1,444
+0.85
NASDAQ
2,469
-2.16
10Yr
4.75%
+0.071
Stocks close mainly higher; Dow nabs seventh straight gain
NEW YORK
U.S. stocks closed mostly higher Monday, as the Dow Jones Industrial
Average posted a seven-session winning streak, after investors behaved
cautiously ahead of what is expected to be a weak first-quarter earnings
season.
Subprime crisis shines spotlight on mortgage broker practices
SAN FRANCISCO
The subprime mortgage crisis has re-ignited scrutiny of the industry and
people who broker home loans, with some critics arguing that hidden fees
and other dubious practices have contributed to the surge in
delinquencies.
