Blockade Downgrade — Heard on the Street Monday Recap

Similarly, oil prices rallied on Sunday evening but gave up some of those gains by Monday afternoon. Existing home sales declined 3.6% in March, getting the crucial spring selling season off to a poor start as the high cost of housing and economic uncertainty held buyers back. The investment bank said its profit jumped 19% in the first quarter, powered by a resurgence in deal activity and volatile markets.