Written by Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales. READ MORE »
Posts tagged loan
Stocks gain on prospect of Fed purchases
U.S. stocks advanced last week, sending the Dow Jones industrial average above 11,000 for the first time since the May 6 crash, on speculation the Federal Reserve will buy more debt to boost the economy. READ MORE »
U.S. backs off in currency dispute with China
The Obama administration backed away on Friday from a showdown with Beijing over the value of China’s currency that would have caused new frictions between the world’s only superpower and its largest creditor. READ MORE »
RATE FUTURES REPORT: Markets See Fed Buying Long-Term Bonds
CHICAGO (Dow Jones)–U.S. interest rate futures markets were positioned Tuesday for the Federal Reserve to announce a large economic stimulus package, including central bank purchases of long-maturity Treasury bonds. READ MORE »
PRECIOUS METALS: Comex Gold Soars On Dollar Weakness
Gold futures ended the week at all-time highs as the weaker dollar continued to feed gold’s historic rally. READ MORE »