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Stocks Mostly Flat: H-P, Retailers Slump
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Description
FBN's Sandra Smith breaks down late-morning market news.
- Duration 0:52
- Date Feb 23, 2012
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FBN's Sandra Smith breaks down late-morning market news.
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I'm Sandra -- live from the we -- Fox Business three.
Stocks are mostly flat after retailers reported disappointing earnings and computer maker Hewlett-Packard is -- A -- profit forecast we are seeing the Dow Jones Industrial Average up 47 points.
Mortgage rates climbing higher -- remain below 84% mark -- twelve straight week.
Forest -- Freddie Mac says the thirty year fixed rate mortgage jumped to three point 95%.
Last week.
And flat for three straight weeks at record lows for the low rates have done little to help the housing market which is slowly improving.
Securities and Exchange Commission looking to -- high frequency traders influence on stock trading according to Wall Street Journal.
The SEC is considering charging fees for the -- of buy and sell orders seder leader canceled.
And that is the latest from the Fox Business -- giving you the power to prosper.