Bond markets opened this morning ahead of the economic reports. The report on unemployment benefits showed that claims increased more than forecasted last week, and the market gave up some of its gains. Also, consumer spending in the U.S. climbed last month by the most it has in eight years.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 8.51 points (0.06%) while the Nasdaq increased 7.34 points (0.23%). Also, the S&P 500 dropped 1.10 points (-0.07%).
Here are some of today’s rates:
- 30-Year Fixed: 3.625% (3.818% APR)
- 15-Year Fixed: 2.875% (3.271% APR)
- 7-Year ARM: 2.625% (3.053% 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
New York Times
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