N.Y. Gov. Paterson won’t seek re-election: WSJ
SAN FRANCISCO (MarketWatch) — Gov. David Paterson will not seek re-election in November, The Wall Street Journal reported in its online edition Friday
Treasurys mostly up after home sales, sentiment
NEW YORK (MarketWatch) — Treasury prices were mostly higher on Friday, though short-term yields remained higher, after a pair of reports showed consumer sentiment dipped this month and existing home sales fell 7.2% in January. Yields on 10-year notes , fell 1 basis points to 3.62%, near the lowest in almost three weeks.
U.S. stocks down along with sentiment, home sales
NEW YORK (MarketWatch) — U.S. stocks fell Friday after the National Association of Realtors reported sales of existing homes fell 7.2% in January and a measure of consumer sentiment fell. The Dow Jones Industrial Average fell 48.44 points to 10,272.59
U.S. stocks lower early on; AIG weighs
NEW YORK (MarketWatch) — U.S. stocks opened in an indecisive fashion on Friday after insurer American International Group Inc
Tech stocks erratic in early trading
SAN FRANCISCO (MarketWatch) — Technology stocks took some tentative steps forward in early trading Friday as the sector tried to recover from several days of losses. Small gains came from Apple Inc. , Seagate Technology and Hewlett-Packard Co
Airlines climb on adjusted fourth-quarter GDP rate
NEW YORK (MarketWatch) — Airline stocks rose Friday after the U.S. said the economy grew at a slightly faster rate in the fourth quarter than previously reported
Energy stocks edge up in early action
NEW YORK (MarketWatch) — Energy stocks traded flat in early action on Friday. The NYSE Arca Oil Index dipped 0.1% to 1,017. The NYSE Arca Natural Gas Index rose 0.2% to 536
Freddie Mac to stop buying interest-only mortgages
BOSTON (MarketWatch) — Freddie Mac , the mortgage-finance giant in government conservatorship, said Friday that it will stop buying and securitzing interest-only mortgages on or around Sept. 1, 2010. The loans, which have come under fire in the wake of the housing bust, allow borrowers to only pay interest for a set amount of time without principal payments.
Report: Greece postpones U.S., Asia bond sale
LONDON (MarketWatch) — Greece has postplaned a plan to sell at least $2 billion of bonds to U.S. and Asian investors, Dow Jones Newswires reported citing a finance ministry spokesman
Dominion settles rate case in Va., sticks to view
NEW YORK (MarketWatch) — Dominion said Friday it continues to expect 2010 operating earnings of $3.20 a share to $3.40 a share after the power firm settlemed a rate case with regulators in Virginia. As a result of the revised settlement agreement, Dominion recorded a charge of $174 million, or 29 cents a share to fourth-quarter and full-year 2009 reported earnings that is not included in operating earnings for 2009.