MBS prices faded slightly this morning after an eventful night as Congress wrestled with a potential government shutdown. This morning we had the ISM Manufacturing Index, which hit its highest level since April 2011. It is early, but it doesn’t seem that this report is having a huge impact on bond prices.
What’s Up on Wall Street?
The Dow Jones Industrial Average increased 16.15 points (0.12%) while the Nasdaq jumped 18.69 points (0.48%). Also, the S&P 500 rose 5.78 points (0.34%).
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.