A key measure of home-buyer applications fell to a three-month low as mortgage rates started to rise again.
Read More Mortgage Demand Drops To 3-Month Low As Interest Rates Increase For First Time In A Month
Tag: Federal Reserve
Wall St slides as rate worries push bond yields higher
Wall Street indexes retreated as concerns around the timing and scale of the Federal Reserve’s interest rate cuts pushed Treasury yields higher and pressured stocks.
Read More Wall St slides as rate worries push bond yields higher
Dow sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday.
Read More Dow sprints past 40,000-mark on earnings boost, rate-cut bets
Inflation Eases Slightly, But Challenges Persist
As we continue to cover what matters to voters this election the economy and inflation we turn to April’s CPI report, which is the inflation report.
Read More Inflation Eases Slightly, But Challenges Persist
GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect
Trading in the retail investor darlings, the most actively traded NYSE stocks, were halted minutes after the market opened.
Read More GameStop, AMC drop after two days of sharp rally on ‘Roaring Kitty’ effect
Wall St climbs after jobless claims data spurs rate-cut bets
The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.
Read More Wall St climbs after jobless claims data spurs rate-cut bets