Monday, April 20, 2009
Daily Market Update 4/20/09
Mortgage rates came in slightly lower Monday, buoyed by falling stock prices. The Conference Board's Index of Leading Indicators fell 0.3% last month, a bit more than forecast, indicating the recession is likely to last for several more months. Oil prices fell nearly $4 per barrel on weakening demand. The dollar moved higher. No more data will be released today.
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