Shares of both companies drop after hours. The Dow rises 81 points, its eighth gain in 12 days. Weakness in chip stocks keeps the Nasdaq in check. Oil moves higher; gold drifts.
Angelo Mozilo agrees to pay $67.5 million to settle civil fraud charges with the SEC stemming from the subprime mortgage crisis. Two other executives also settle.
The search giant's shares jump after results beat estimates. The market withstands selling pressure from bad news on jobs and inflation and more banking worries. Gold briefly hits $1,388.
Exchange-traded funds in real estate, agriculture and emerging markets are worth watching..
Funds that invest in the yen, metals, housing and tech companies are in focus.
The homebuilder earned 16 cents a share in the third quarter, beating analysts' estimates of 5 cents a share.
| Tags: | housingrealestate |
Bullish results come after stocks struggle to end higher. Jobless claims are better, but a manufacturing report is weaker than expected. FedEx guidance disappoints. Gold moves higher.
Applications hit their lowest level since November, but a rise in mortgage rates is easing.
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