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Monday, Nov 28, 2022
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Midday Stock Roundup

Major indices were down in midday trading on renewed fears related to China’s economy.

The S&P 500 was down 2.3% to 1,927.04. The Dow Jones Industrial Average was down 2.3% to 16,148.48. The Nasdaq was down 2% to 4,680.40

The yield on a 10-year Treasury bond was down 0.4% to 2.19%.

The price of gold was up 0.6% to $1,139.

SERVICES

Irvine-based CoreLogic Inc. was down 2.5% to $37 and a $3.3 billion market cap. Analysts at SunTrust Robinson Humphrey initiated coverage on shares of the property information provider with a “neutral” rating and a $42 price target and cited its high exposure to mortgage originations and a decline expected on those transactions because of higher interest rates.

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