Byline: MADLEN READ - Associated Press
NEW YORK - Wall Street finished an extremely volatile session mostly higher Tuesday after investors, still jittery about mortgage-related problems at the nation's major lenders, decided to interpret comments from the Federal Reserve as suggestive of another interest rate cut.
Though the markets are pricing in a high chance of a rate reduction Dec. 11, when the Fed meets next, investors were on edge until the closing bell Tuesday, and the major indexes changed direction several times while analysts sorted through the Fed statements.
Meanwhile, Freddie Mac posted a $2 billion quarterly loss Tuesday, escalating …
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