Jobs Report Hinders Stock Market – Market Update

Jobs Report Hinders Stock Market – Quicken Loans Market Update Mortgage rates dropped to a two-month low yesterday in anticipation of the jobs report today. The market rally was fueled by yet another disappointing day of employment reports.

What’s Up on Wall Street?
The Dow Jones Industrial Average lost 136.45 points (-0.93%) while the Nasdaq also went down 41.18 points (-1.28%). The S&P 500 decreased 16.88 points (-1.08%).

Current Mortgage Rates
Here are some of today’s mortgage 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
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.

Reuters
Wall Street drops 1 percent after weak payroll report

CNNMoney
Stocks sink after dismal jobs report

The MReport
Unemployment rate falls to 7.6% in March despite weak job growth

 

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