The provider of mortgage guaranties Genworth Financial (GNW) reported the largest gain in the Standard & Poor‘s 500 Index due to the company banking on the housing recovery.
Genworth rose 6.8% to $10.51 on Monday.
The provider of mortgage guaranties Genworth Financial (GNW) reported the largest gain in the Standard & Poor‘s 500 Index due to the company banking on the housing recovery.
Genworth rose 6.8% to $10.51 on Monday.
Friday’s jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.