EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Mark Wittstadt: Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm

What to expect when you’re expecting a CFPB administrative action

A deeper look at PHH ruling reveals how the bureau views enforcement

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more
W S
Investments / The Ticker

Stocks fall after second taper announcement

It's not so taper-ific this time around

stockslide
/ Print / Reprints /
| Share More
/ Text Size+

There was no taper rally Wednesday after the Federal Open Market Committee made its announcement that yes, the taper is here and we’re tapering more.

By closing on Wednesday, we saw a steep stock market drop that ended with a minor rally that kept the loss to down 189 to 15,738.79.

The HW 30 index was down 0.85%. Zillow (Z), Radian Group (RDN) and Corelogic (CLGX) took heavy hits but there was blood all over the HW 30 board.   

The Nasdaq dropped 1.14% to close at 4051.43, while the S&P 500 dipped 1.02% to close at 1774.20.

Recent Articles by Trey Garrison

Comments powered by Disqus