The market didn’t move one way or another yesterday and much of the same is expected today. There is no major economic news scheduled for today.
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There appears to be a slow migration toward stocks lately. This could be driven by strong employment numbers, causing speculators to favor the volatility and potential gains of the stock market.
Opportunity Detroit returns to the airwaves tonight, May 3. Read on to see who will be featured on tonight’s show!
The Fed had no surprises for us yesterday stating again that bond buying would continue despite rumors they would curtail purchases earlier in the day. Yesterday’s statement was almost identical to the previous statement, which failed to move the market in any dramatic way.
Today will probably be the last calm day for the bond market. The Chicago PMI Index has the potential to move the market if the numbers significantly under perform.
When Ryan Newman, driver of the No. 39 Quicken Loans Chevrolet, finishes in the top 5 of any race during the 2013 Sprint Cup season, Quicken Loans will pay one mortgage payment for five lucky winners.
The market appeared to rally for a nanosecond when an erroneous tweet hit the headlines. Hackers attacked the Associated Press Twitter account stating the White House had been attacked.
30 and 15-year conventional mortgage rates have fallen to the lowest levels Quicken Loans has ever seen. Read on to see why you should take advantage of these rates today.
Treasuries advanced for a second day in a row amid concerns global economic growth is slowing. Both China and Europe manufacturing reports underperformed for the month, spurring demand for safer assets.