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S&P 500 nears record high on stimulus bets

6 years 2 months ago
U.S. stocks opened higher on Tuesday, with the S&P 500 closing in on a record high, as investors bet on more stimulus measures and a steady post-coronavirus recovery following a better-than-expected earnings season.

PennyMac Financial Crushes It on Record Mortgage Volume

6 years 2 months ago
Mortgage originators have fared relatively well during the COVID-19 crisis. The initial weeks were difficult as a lack of liquidity in the mortgage markets and margin calls besieged the industry. But as April turned to May, the origination business took off.

Breakingviews - Breakdown: The scramble for a Covid-19 vaccine

6 years 2 months ago
NEW YORK/LONDON (Reuters Breakingviews) - Pharmaceutical groups such as AstraZeneca and Pfizer may soon get regulators’ blessing for new coronavirus inoculations. A successful vaccine could ease a crisis that the Congressional Budget Office estimates will cost the Unit

Dow, S&P Stretch Winning Streaks to 7 Days

6 years 2 months ago
SPECIAL ALERT: Remember, the latest episode of the Zacks Ultimate Strategy Session will be available for viewing no later than this Wednesday, August 12. Kevin Matras, David Bartosiak, Tracey Ryniec and Sheraz Mian will cover the investment landscape from several angles in thi
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