Quiet market this morning as the item making the most news is declaration from Bill Gross that the fiscal cliff has more than a 50% chance of occurrence. The bond market is scheduled for an early close this afternoon, and will be closed tomorrow, in observance of the holidays.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 26.38 points (-0.20%) while the Nasdaq fell 5.89 points (-0.19%). Also, the S&P 500 dropped 2.52 points (-0.18%).
Here are some of today’s rates:
- 30-Year Fixed: 3.375% (3.607% APR)
- 15-Year Fixed: 2.75% (3.108% APR)
- 7-Year ARM: 2.625% (3.111% APR)
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.