SPDR S&P Homebuilders ETFNYSEArca
After hours: 36.080.00 (0.00%) as of 4:20 PM EDT
|Bid||36.04 x 2000|
|52wk Range||27.72 - 39.22|
|Day's Range||36.01 - 36.44|
|Ask||36.19 x 2000|
|Avg Vol (3m)||2,901,139|
- Editor's PickMelody Hahm•yesterday
Total US student loan debt has topped $1.3 trillion, nearly triple what it was a decade ago, with a rate of serious delinquency (at least 90 days late) that surpasses any other type of debt, according to the Federal Reserve Bank of New York. On Thursday, Fannie Mae (FNMA) released a national housing survey with a troubling finding for some student debtors: People with high school degrees who never went to college have a better shot of owning homes than ones who took on debt to go to college but never ended up graduating. In fact, college dropouts with some debt are 32% less likely to be homeowners than high school grads. “If you take the debt but don’t get the degree that’s a problem,” Doug Duncan, Fannie Mae’s chief economist, told Yahoo Finance.
- Market Realist•2 days ago
Caterpillar’s (CAT) revenue fell by 16.2%, or by $2 billion year-over-year, to $10.3 billion in 2Q16 compared to analysts’ consensus estimates of $10.1 billion.