Jobless Rate Hits Four-Year Low – Market Update

Jobless Rate Hits Four-Year Low - Market Update - Zing Blog Last week the Bond Market took a hit as the jobless rate was reported at 7.7 percent, a four-year low. Bernanke reiterated last week that the Fed will continue to buy bonds until there is sustained, substantial improvement in the labor market.

What’s Up on Wall Street?

The Dow Jones Industrial Average decreased 5.34 points (-0.04) while the Nasdaq also fell 7.73 points (-0.24). Also, the S&P 500 dropped 2.21 points (-0.14).

Current Rates

Here are some of today’s rates:

Visit our mortgage rates page to find out how much you can save with today’s rates, or use our mortgage calculator to find more rates and loan options.

Financial Links Jobless Rate Hits Four-Year Low - Market Update - Zing Blog

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.

CNNMoney

Stocks Back Off Record Highs

Reuters

Banks Saved, but Europe Risks “Losing a Generation”

Bloomberg

Americans Deal with Payroll-Tax Boost to Keep Spending Money

 

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