Tuesday Stocks Recover Some of Monday's Losses

The stock market recovered on Tuesday some of the value it lost on Monday, as the Dow Jones Industrial Average gained 72 points.

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There were 11 of 17 members of the Mortgage Industry Equity Composite which closed higher, five lower, and one, Bank of America, closed unchanged.

Hudson City Bancorp gained 2.4% during Tuesday's trading, followed by Fiserv, up 2%, and OceanFirst Financial, up 1.6%.

Ellie Mae had the largest loss, with its stock price declining by 2%. The other four stocks which closed lower all lost less than 1% from their Monday closing price: Dime Community, Home Loan Servicing Solutions, MGIC Investment Corp. and KB Home.


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