Market News and Analysis

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AP - The Obama administration is expanding its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes.

Reuters - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.

AP - The number of rigs actively exploring for oil and natural gas in the U.S. held steady this week at 2,008.

 
S&P 500: 1318.21 -0.02% |FTSE: 5733.45 -1.08% |Nikk.: 8841.22 -0.09% |DAX: 6511.98 -0.43% |HSI: 20501.67 0.3% |
FX: EUR/GBP: 1.1906 | USD/EUR: 1.3215 | JPY/USD: 76.6885 | Commodities: Gold: 1736.4301 |