Today's news: Homebuilding sector gains, Ford (F) recalls, launches live commenting

Shutterstock photo

Early market gains following Greece's request for an EU-IMF joint financial rescue and better-than-expected new home sales and durable goods orders have since diminished. New home sales surged 27% in March, and durable goods orders excluding transportation made the biggest gain since December 2007. But around midday, the major market averages are mixed, with the S&P 500 unchanged on the day. Today's top stories include:

  • With several earnings figures due next week, the homebuilding sector is experiencing significant gains during Friday's trading session. Jared Levy provides interesting insight on names such as Ryland Group ( RYL ) , Lennar Corp. ( LEN ) and Plum Creek Timber ( PCL ) in today's Practical Options Trader: Timber on Fire? .
  • Ford Motor ( F ) is recalling 33,000 midsize cars and SUVs in the U.S. due to faulty gears in front-seat recliners, according to published reports . While there have not been any injuries or accidents reported, the recall affects some versions of the 2010 Ford Fusion, Explorer, Explorer Sport Trac and 2010 Mercury Milan and Mountaineer with front seat manual recliners.
  • Upcoming earnings reports in the spotlight: On Monday, April 26, Caterpillar ( CAT ) , Lorillard ( LO ) , and Texas Instruments ( TXN ) are scheduled to announce earnings figures.
  • And finally… Commenting is live on! Feel free to share your thoughts and sign up to become part of the ONN community!
And that's a look at some of today's notable stories. Keep an eye on every day for more analysis and trading ideas to capitalize on the latest market developments. Want to test your stock or option ideas before committing real capital? Sign up for a free virtual trading account and see how you would fare in the real world. Once you're ready to trade, take advantage of 100 commission-free trades .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options
Referenced Symbols: CAT , F , LEN , LO , PCL , RYL , TXN

More from Karla Yeh


Karla Yeh

Karla Yeh

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by