Record Mortgage Delinquencies Send Markets Tumbling

Disappointing earnings and record mortgage delinquencies weighed on investors who sold off to send the markets down to a lower close with the Dow tumbling 93 points to 10,332.
Disappointing earnings and record mortgage delinquencies weighed on investors who sold off to send the markets down to a lower close with the Dow tumbling 93 points to 10,332. Nasdaq plunged 36 points to 2156 while S&P 500 dropped 14 points to 1094. The 30-year bond edged up as the yield eased to 4.288%.
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