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Mortgage-Backed Securities Down – Market Update

by Jonathan Slappey on December 13, 2011 in Market Update

Mortgage-backed securities are down this morning, along with advance retail sales numbers.

What’s Up on Wall Street?

Yesterday, all the U.S. markets closed in the red. The Dow Jones Industrial Average plunged 162.87 points (-1.34 percent). The Nasdaq Composite dropped 34.59 points (-1.31 percent). The S&P 500 also fell 18.72 points (- 1.49 percent).

Jonathan Slappey is a writer for Quicken Loans, a company whose clients believe it’s Engineered to Amaze. Interested in being Amazed by us? Read trusted reviews at our review site.

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Tags: Dow Jones Industrial Average down Mortgage Backed Securities Down Nasdaq Composite Down Quicken Loans S&P 500 down

About Jonathan Slappey

Jonathan has a passion for journalism, sports, and cashmere sweaters. He lists playing basketball as a higher priority than eating food, and rumor has it he even sleeps with his basketball. When he’s not reading up on world news, and writing about politics or personal finance, Jonathan can be found cheering on the Lions at Ford Field or attempting to convince Cleveland Cavaliers owner Dan Gilbert to add him to the active roster.

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