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By Staff Reporters
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The Senate on Tuesday confirmed Dr. Monica M. Bertagnolli, a cancer surgeon who currently leads the National Cancer Institute, as the next director of the National Institutes of Health, overriding the objections of Senator Bernie Sanders of Vermont, the chairman of the Senate health committee.
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The U.S. regulator charged with overseeing the Federal Home Loan Bank system said in a report on Tuesday the system is overdue for an update in terms of its structure and operation. The Federal Housing Finance Agency emphasized in the report there needs to be a clearer distinction between the purpose of those banks, which is to aid liquidity needs at banks in a bid to facilitate mortgage lending, with the Federal Reserve, which should serve as a source of emergency liquidity for banks.
CITE: https://www.r2library.com/Resource
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Here is where the major stock market benchmarks ended:
- The S&P 500 Index was up 12.40 points (0.3%) at 4,378.38; the Dow Jones Industrial Average was up 56.74 points (0.2%) at 34,152.60; the NASDAQ Composite (COMP) was up 121.08 points (0.9%) at 13,639.86.
- The 10-year Treasury note yield (TNX) was down about 9 basis points at 4.571%.
- CBOE’s Volatility Index (VIX) was down 0.08 at 14.81.
The small-cap-focused Russell 2000 Index (RUT) fell a second day, reflecting concerns about the economy tipping over into recession.
Energy stocks fell as WTI crude oil futures tumbled more than 4% to a 3½-month low on concerns about softening demand from China.
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Filed under: "Doctors Only", Alternative Investments, Career Development, Financial Planning, Funding Basics, Glossary Terms, Investing | Tagged: banks, crude oil, DJIAm, energy, Energy stocks, Fderal Housing Finance Agency, Federal Home Loan Bank, gold, home loans, inflation, markets, Monica Bertagnolli, NASDAQ, National Institute Health, NIH, oil, Russell Index 2000, RUT, S&P 500, TNX, WTI | Leave a comment »
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