Quicken Loans Market Update - Zing BlogThe bond market began the day close to Tuesday’s latest levels, but rallied slightly after the ADP Employment Report was released. The report missed forecast by over 20,000 jobs, due to a decrease in service industries in September; however, it was not enough to sustain the positive momentum. Overnight, Washington failed to come to an agreement prolonging the government shut down with no end in sight.

What’s Up on Wall Street?

The Dow Jones Industrial Average decreased 178.39 points (-1.21%) while the Nasdaq fell 59.48 points (-1.56%). Also, the S&P 500 dropped 23.11 points (-1.36%).

Current Rates

Here are some of today’s rates:

Visit our mortgage rates page to find out how much you can save with today’s rates, or use our mortgage calculator to find more rates and loan options.

Financial Links

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.

CNNMoney

Stocks Fall Again on Washington Woes

HousingWire

Housing Stocks Survive Rocky Day on Wall Street

Bloomberg

Labor Department Won’t Release Sept. Payrolls Report Tomorrow

 

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