Federal Reserve Chairman Kevin Warsh is already experiencing the “family fight” he has advocated for, and he is entrusting Wall Street to decide between competing narratives. The Fed on Wednesday maintained its benchmark lending rate at a range of 3.5%-3.75% Read More …
The S&P 500 on Friday secured its eighth consecutive weekly gain, marking the index’s longest winning streak since 2023. The reasons may appear recognisable: robust corporate earnings and enthusiasm for AI as investors overlook apprehensions regarding the conflict with Iran. Read More …
Turmoil in the bond market, driven by the conflict with Iran, is pushing US mortgage rates upward and posing a risk of increasing the cost of home purchases. The average 30-year fixed-rate mortgage increased to 6.51% this week, marking the Read More …
The major U.S. Index futures are currently indicating a lower opening on Thursday, suggesting that stocks are poised to relinquish some of the gains observed in the prior session. The downward momentum on Wall Street occurs alongside a significant rise Read More …
The major U.S. index futures are indicating a higher open on Wednesday, suggesting that stocks are poised to recover from the weakness observed in the prior session. Early buying interest may be generated in response to the pullback in treasury Read More …
Average US mortgage rates have risen for the fifth consecutive week, resulting in increased costs for homebuyers compared to just a few weeks prior to the onset of conflict with Iran. The average 30-year fixed mortgage rate increased to 6.46% Read More …
US stocks and bonds experienced a decline, while oil prices increased, and gold faced its most significant weekly drop in forty years, as the ongoing conflict in Iran continues to impact financial markets. The Russell 2000, an index representing smaller Read More …