Daily Market Update 4/7/09

Mortgage rates eased Tuesday morning as stocks fell for a second straight day. Investors remain concerned over a slew of earnings reports due out this week and next. Billionaire financier George Soros warned that the recent stock market rally would likely be temporary. General Motors appeared to be making preparations for a possible reorganization under Chapter 11 bankruptcy. No major economic reports will be released today. The market will be closed Friday for Easter Holiday.

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