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REUTERS
Stocks climbed on Tuesday, led by rallying technology, health-care and telecommunications shares. However, the broad markets pulled back from session highs amid uncertainty over U.S. budget talks.
House Republicans submitted a counter offer to the White House late Tuesday in an attempt to avert the looming fiscal cliff.
In the face of the fiscal cliff and slow growth, chemical giant DuPont unveiled a $1 billion share buyback program and issued a cautiously optimistic outlook for the full year.
BofA's website was intermittently inaccessible to many users Tuesday, just hours after a group claiming allegiance to Islamic terrorism said it would target the bank in attacks this week.
Settling charges it gave drug lords and terrorists access to the U.S. financial system, British banking giant HSBC agreed to pay a record $1.92 billion and accepted responsibility for inadequate anti-money laundering compliance.
With port activity getting back to normal in California following an eight-day strike, eyes are now turning back to the Longshoremen talks in the Gulf of Mexico where a deadline is rapidly approaching.
Tuesday, starting at 5p ET: Can Morsi keep chaos at bay long enough for a vote? Then, Focus on the Fed! Wayne Angell breaks down Bernanke’s big show!
Tuesday at 8p ET: The fiscal fight’s going down to the wire, and Neil’s talking answers with Senators Rubio, Shelby, Blumenthal and Hoeven.
| Loan Type | Graph | Rate | +/- | Last Week |
|---|---|---|---|---|
| 30 Y Fixed |  |
3.39% |  |
3.42% |
| 15 Y Fixed | |
2.81% | |
2.85% |
| 30 Y Fixed Jumbo | |
3.99% | |
4.02% |
| 5/1 ARM | |
2.76% | |
2.82% |
| 5/1 Jumbo ARM | |
2.81% | |
3.08% |
| Loan Type | Graph | Rate | +/- | Last Week |
|---|---|---|---|---|
| $30K HELOC | |
4.56% |  |
4.55% |
| $50K HELOC | |
4.19% | |
4.18% |
| $30K Loan | |
5.54% | |
5.57% |
| $50K Loan | |
5.22% | |
5.24% |
| $75K Loan | |
5.20% | |
5.23% |
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