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Stocks climb as Wall Street nears record high
U.S. stocks rose Wednesday as easing bond yields and mixed economic data boosted hopes for an upcoming Federal Reserve rate cut, pushing Wall Street near record highs.
US mortgage rates fall to 6.23% after three-week climb
The average US 30-year mortgage rate fell to 6.23 percent after a three-week rise as Treasury yields declined, offering buyers slight relief despite ongoing affordability challenges.
Wall Street swings as stocks rally to cap volatile week
U.S. stocks surged as the S&P 500 jumped 1.5% after days of turbulence, driven by Fed rate cut hopes, tech stock swings and global market volatility.
Stocks end mixed after tech losses, first weekly decline
U.S. stocks ended mixed Friday as tech losses dragged major indexes lower. The S&P 500 and Dow barely rose while the Nasdaq slipped amid earnings reports.
US mortgage rates rise to 6.22% after steady declines
After four weeks of declines, the average 30-year U.S. mortgage rate rose to 6.22%, according to Freddie Mac, as bond yields and inflation weigh on rates.
Big Tech losses drag Wall Street lower
Losses in major tech stocks like Nvidia and Microsoft pulled Wall Street lower Tuesday, pushing indexes away from record highs and unsettling investors.
US mortgage rates fall to lowest level in over a year
The average 30-year U.S. mortgage rate dropped to 6.17%, its lowest in more than a year, boosting refinancing and homebuying activity nationwide.
Federal Reserve cuts rates but signals caution ahead
The Federal Reserve cut interest rates again to support growth, but Chair Jerome Powell warned that future reductions are not guaranteed amid uncertainty.
Government shutdown halts next month’s inflation data
The ongoing government shutdown will likely delay the next U.S. inflation report, leaving the Federal Reserve and Wall Street without key economic data.
Wall Street hits record highs as inflation pressures ease
U.S. stocks surged to record highs after easing inflation data boosted hopes for more Fed rate cuts, lifting the S&P 500, Dow and Nasdaq to new records.
US national debt hits record $38 trillion amid shutdown
The US national debt has surpassed $38 trillion, the fastest $1 trillion increase outside the pandemic, as experts warn of rising inflation and borrowing costs.
Wall Street ends best week in 2 months as banks rebound
U.S. stocks closed higher Friday, capping Wall Street’s best week in two months as bank shares recovered and U.S.-China trade tensions eased.
