Bonds opened lower as a result of this morning’s economic reports and optimistic news coming out of Europe. November’s housing starts came in better than expected, and builders broke ground at the highest rate in 18 months.
What’s Up on Wall Street?
It was another day of red on Wall Street as, you guessed it, more fears surrounding Europe’s inability to solve the debt crisis emerged. The Dow Jones Industrial Average fell 100.13 points (0.84 points), and the S&P 500 fell 14.31 points (1.17 percent). The Nasdaq Composite took the biggest hit yesterday by falling 32.19 points (1.26 percent).
Eric Mally writes for Quicken Loans and loves that it’s one of the most amazing places to work. Check out the Quicken Loans YouTube page and learn more about what it’s like to work at QL.
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