Today: 1. Jul, 2024
Wall Street’s major indexes experienced mixed performance on Friday, with the Nasdaq recovering from earlier losses as mega-cap tech stocks showed resilience. Investors also processed stronger-than-expected U.S. business activity data, contributing to the overall market dynamics. Megacap Tech Stocks Lead Recovery In…
As the curtains rise on the spring housing market—a season traditionally bustling with activity—the anticipated surge in mortgage demand remains conspicuously absent. Despite a slight moderation in interest rates, the Mortgage Bankers Association’s seasonally adjusted index reveals a stagnation in application volume,…
In a recent development that has caught the attention of potential homeowners and real estate analysts alike, mortgage rates have experienced a slight decline, falling just below the 7% mark. This rate adjustment has sparked a notable surge in mortgage demand, marking…
Recent economic data releases have left investors scratching their heads as they attempt to navigate a landscape filled with conflicting signals. In January, retail sales in the US experienced a significant decline, marking the sharpest drop in almost a year. However, this…
In a surprising turn of events, the average rate on the popular 30-year fixed mortgage has soared past the 7% mark, reaching 7.04% on Monday for the first time since December, as reported by Mortgage News Daily. This significant increase follows a…
The onset of 2024 sees Wall Street cautiously optimistic, with markets ticking modestly higher in the premarket, signalling potential first gains of the year. This upward movement comes amidst a global economic landscape fraught with challenges and uncertainties. Market Movements and Investor…
As 2023 draws to a close, Wall Street is poised for a winning week despite the calm of holiday trading. The S&P 500 and the Dow Jones Industrial Average, two of the most watched market indices, are holding onto their gains with…
The invisible rift between banks and Native American populations has long been overlooked. Dawson Her Many Horses, a proud member of the Rosebud Sioux Tribe of South Dakota, is one of the few to bridge this divide, serving as the head of…
Wall Street was seeing a mild uptick on Friday. However, the rise wasn’t significant enough to deviate from its trajectory toward its first weekly dip in three weeks. In midday trading, the S&P 500 climbed by 0.3% after a consecutive three-day fall.…
Recent economic data over the past month underline the enduring nature of inflation and the unyielding vitality of the labour market in the United States. This could lead to further rate hikes from the Federal Reserve, according to economists, yet investors seem…
