-Dow Jones
Mortgage Rates Soar, Cash Buyers Score: The New Homebuying Playbook
Rising mortgage rates in 2023 led to 28-year low in US home loan applications. Cash sales became popular as mortgage rates rose to 6.69%.
From FOMC Minutes: Fed Staff Saw Growth Rebounding In Second Quarter, Staff Lowered Growth Forecast For Second Half Of 2022 And 2023
-Dow Jones
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As Bond Yields And Dollar Fall, Top Economist El-Erian Says Fed May Not Want ‘Self-Feeding Loosening Of Financial Conditions’
U.S. bond markets rallied on Wednesday, with the yield on the 10-year benchmark Treasuries falling close to 4%, as expectations regarding a less aggressive Federal Reserve began growing.
Nasdaq, S&P 500 Futures On Edge Over First Republic Failure, Tech Earnings: Analyst Pins Hopes On Fed’s Next Move
Stocks have reverted to their cautious ways on Monday amid a slew of market-moving catalysts.
US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets
U.S. April inflation below expectations, may prompt Fed rate cuts. Retail sales up, but inflation rates down. Market reactions: bond yields, dollar down, stocks up.