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Econ #s

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‘The 30-Year Fixed Mortgage Rate Just Hit 8% For The First Time Since 2000 As Treasury Yields Soar’ – CNBC

By Benzinga Newsdesk
October 18, 1:21 PM
https://www.cnbc.com/2023/10/18/30-year-fixed-mortgage-rate-just-hit-8percent-for-the-first-time-since-2000.html The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning.Yields on U.S.

SPY

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CPI Surpasses Estimates: Inflation Prints 3.7% In September, Reigniting Fed Rate Hike Speculations

By Piero Cingari
October 12, 8:36 AM
The Consumer Price Index (CPI) once again surpassed economist expectations in September, adding fresh pressure on the Federal…

UUP

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Rising Interest Rates, Slow Job Growth: Is The US Economy Headed For A Downturn? Economists Weigh In

By AJ Fabino
October 4, 2:14 PM
There has been a steepening decline in jobs this month. Additionally, there is a steady decline in wages in the past 12 months.

ADP

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Services Sector Growth Moderates In September, Business Optimism Holds Strong

By Piero Cingari
October 4, 10:20 AM
The rhythm of expansion in the U.S. services sector slightly decelerated in September as elevated interest rates and…

SPY

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Lockheed Martin Faces Steepest Monthly Drop In 3 Years As Government Shutdown Looms

By Piero Cingari
September 26, 5:01 PM
Lockheed Martin's stock faces a challenging month in September, down 9% amid government shutdown concerns. Is a bear market on the horizon?

ITA

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Fed Holds But Signals Hawkish Path Ahead, Treasury Yields Rise: The Week In The Markets

By Piero Cingari
September 22, 4:06 PM
The Federal Open Market Committee meeting dominated the markets this week, with the Fed deciding to leave rates…

CBOE

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Is Supply And Demand Broken? US Home Sales Volume Decreases While Value Increases

By AJ Fabino
September 21, 2:57 PM
Existing home sales saw a 0.7% dip in August. A dip in home sales comes as median existing-home sales prices climbed 3.9% from a year ago.

KBH

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Weekly Jobless Claims Unexpectedly Fall 20K To 201K

By Vandana Singh
September 21, 8:44 AM
Weekly Initial Jobless Claims were 201,000, a decrease of 20,000 from the previous week's revised level, according to data the Labor Department released on Thursday.

SPY

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Inflation Spikes Beyond Forecasts To 3.7% In August, Forces Markets To Rethink Fed Policy

By Piero Cingari
September 13, 8:32 AM
Wednesday brought an alarming inflation surge that has left economists and financial markets in a state of surprise,…

SPY

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US, EU Join Forces To Tackle China’s Steel Surplus Reshaping Trump-Era Tariffs

By Piero Cingari
September 7, 9:20 AM
This new pact is an integral part of the Global Arrangement on Sustainable Steel and Aluminum, which began in 2021.

NUE

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