Mortgage rates hit a 2-year high yesterday ahead for today’s jobs report. Strong economic data suggested today’s report should be similarly strong. The unemployment rate is expected to hold steady at 7.4%. This data could give the Fed the green light to taper away. Hopefully, the late day sell-off has already priced this into the market.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 102.02 points (-0.68%) while the Nasdaq also dropped 19.98 points (-0.54%). Also, the S&P 500 fell 7.24 points (-0.44%).
Here are some of today’s rates:
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.