Bomb Hoax Doesn’t Stop Mortgage Stocks

The Dow Jones Industrial Average, briefly affected by a fake Twitter posting that a bomb had gone off at the White House and President Obama was injured, finished the day Tuesday 152 points ahead of its Monday close.

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At the same time, 16 of the 17 Mortgage Industry Equity Composite member stocks also closed up, with just Bank of Hawaii remaining the laggard, down 0.28%.

There were seven MIEC stocks with gains of 2% or better, with the largest gain coming at KB Home, up 4.23%. Radian was up 3.27% and Bank of America was up 2.99%.


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