Monday, April 09, 2007

Stocks close mainly higher; Dow nabs seventh straight gain

4:30 pm ET Apr 9, 2007

DJIA

12,569

+8.94

S&P

1,444

+0.85

NASDAQ

2,469

-2.16

10Yr

4.75%

+0.071
Stocks close mainly higher; Dow nabs seventh straight gain

NEW YORK
U.S. stocks closed mostly higher Monday, as the Dow Jones Industrial
Average posted a seven-session winning streak, after investors behaved
cautiously ahead of what is expected to be a weak first-quarter earnings
season.

Subprime crisis shines spotlight on mortgage broker practices

SAN FRANCISCO
The subprime mortgage crisis has re-ignited scrutiny of the industry and
people who broker home loans, with some critics arguing that hidden fees
and other dubious practices have contributed to the surge in
delinquencies.

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