Markets Rally on Low Foreclosure Rates (HPQ, GS)

Major indices rallied today, increasing by almost 1.5 percent each. The biggest cause of this increase was data on foreclosures, which are at a 5-year low, the lowest they have been since before the onset of the recession. Leading the Dow up today was Hewlett-Packard (HPQ), a company that has seen a lot of turmoil over the last year. Goldman Sachs (GS) will have to pay a $22 million fine because they failed to keep its analysts from leaking insider information to select clients.

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Published on Apr 12, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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