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Stocks look to recover after Tuesday’s plunge

By CHIP CUTTER, AP Business Writer NEW YORK – Stocks are looking to make a comeback a day after the steepest fall this year by key market indicators. All three major indexes are pointing to a higher opening Wednesday. That comes after stocks plummeted Tuesday as Libyan leader Moammar Gadhafi […]

Mortgage applications rose last week: MBA

NEW YORK (Reuters) – Applications for home mortgages rebounded last week, fueled by a jump in refinancing activity as interest rates pulled back, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, […]

A look at economic developments around the globe

A look at economic developments and activity in major stock markets around the world Tuesday: ___ CAIRO — Egypt’s stock exchange postponed its already long-delayed reopening until next week and markets in the Gulf Arab region posted their third consecutive day of declines as unrest in Libya and elsewhere in […]