No discussions were scheduled overnight between the White House and Congress suggesting the budget standoff will merge into the debt ceiling debate. Supply continues to lag government demand in the MBS market supporting our current prices. Today, jobless claims should be released as well as factory orders.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 129.30 points (-0.84%) while the Nasdaq fell 18.69 points (-0.60%). Also, the S&P 500 dropped 13.64 points (-0.80%).
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.