Velocity and volatility increased yesterday, it just wasn’t in our favor. Retail sales set the tone for the morning, beating economists’ forecasts suggesting the economy is recovering. European data added to the negative momentum overnight. Reports show the euro region returned to growth last quarter.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 42.21 points (-0.27%) while the Nasdaq fell 0.63 points (-0.02%). Also, the S&P 500 dropped 0.96 points (-0.06%).
Here are some of today’s rates:
- 30-Year Fixed: 4.375% (4.632% APR)
- 15-Year Fixed: 3.375% (3.739% APR)
- 5-Year ARM: 2.875% (3.11% APR)
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.
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