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Mortgage interest rates today: June 7, 2024
CNN.com· 2 days agoToday’s mortgage interest rates are dropping for the sixth consecutive day. The average daily rate for a 30-year fixed mortgage is 7.36% ...
Higher interest rates, please: The Fed must raise its long-term target for a soft landing
The Hill· 2 days agoThe most popular guessing game on Wall Street this year has been to ascertain when and by how much the Federal Reserve will cut interest rates. Shifting ...
S&P 500 Slips After Surprisingly Strong Jobs Data
The Wall Street Journal· 1 day agoThe benchmark S&P 500 fell 0.1%, while the tech-heavy Nasdaq Composite edged 0.2% lower...than economists expected and indicated the economy has remained...
A key jobs report could rock stocks this week
TheStreet via Yahoo Finance· 7 days agoThe ETF tracks the 20-year Treasury bond. If the price is falling, interest rates are rising. The ETF fell 7.1% in ...
4 Potential “Summer Shocks” That Could Rock the Market...
InvestorPlace· 12 hours agoWhat’s interesting is that amidst this “May melt-up,” the stock market actually narrowed. In fact,...
Surprise jobs report pummels Fed rate-cut bets
TheStreet via Yahoo Finance· 1 day ago1% from last month's 3.9% tally. The headline unemployment rate edged higher, to 4%, ending its streak of sub-4% readings at a record 27...of Toggle AI.
Non-Farm Payrolls Mislead: The Labor Market Is Weakening; Inflation Is Falling
Forbes· 2 days ago1% on a year over year basis, up from 4.0% in April). Because the Fed appears...media hyped headline numbers and apparently pays little ...
Stocks Open Lower. The Economy Is a Worry.
Barrons.com· 4 days agoThe stock market is worried about possible cracks in the economy. The Dow Jones Industrial Average was down 134 points, or 0.4%. The S&P 500 was down...
S&P 500 Edges Higher; Energy Stocks Falter
The Wall Street Journal· 5 days ago“It’s a tough place for the Fed...them to cut until they see something that reverberates,” such as a rising unemployment rate, he said. Fed officials...
Stock market today: Stocks rise and yields fall as fresh data points to cooling job market
Business Insider via Yahoo Finance· 4 days agoHigher interest rates mean the banking system is sitting on $517 billion in unrealized losses, the...
