Kena Betancur/Agence France-Presse/Getty Images U.S. stocks were modestly lower in early action Friday, threatening to end a four-day winning streak, as investors sifted through October jobs data, continued to monitor election results, and weighed a surge in COVID-19 cases. What are major benchmarks doing? The Dow Jones Industrial Average DJIA, …
Read More »
Millions more Americans could save money through a refinance as mortgage rates hit another historic low. The 30-year fixed-rate mortgage average hit 2.86% this week, according to Freddie Mac. Just one year ago, rates were considered low at 3.56%. Data analytics company Black Knight says that drop means more than …
Read More »
TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance Consumer complaints to the CFPB are skyrocketing as the coronavirus outbreak continues ‘The database is like a canary in the coal mine.’ This fizzy canned cocktail has a hint of honey — and a soft spot for bees Siponey Royale combines …
Read More »
Tech’s Big Four CEOs should be nervous as they approach a virtual July 27 hearing before the House Judiciary Antitrust Subcommittee. So why aren’t they? Apple Inc.’s AAPL, -0.46% Tim Cook, Amazon.com Inc.’s AMZN, -3.00% Jeff Bezos, Facebook Inc.’s FB, -2.47% Mark Zuckerberg and Alphabet Inc.’s GOOGL, -1.74% GOOG, -1.97% …
Read More »
European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis. Up 32% from its March lows, the Stoxx Europe 600 SXXP, -2.59% skidded 2.5%. Decliners included airline Deutsche Lufthansa …
Read More »
U.S. oil prices remained under pressure on Tuesday, after the June contract saw its second-lowest settlement on record as concerns over a lack of storage for the commodity continued to dog the market. The front-month June WTI crude CLM20, -16.58% fell $ 1.63, or 12%, to $ 11.13 a barrel. …
Read More »
An incredibly volatile week on the stock market spurred an all-time low for both the benchmark 10-year Treasury note yield and Freddie Mac’s 30-year fixed-rate mortgage average. A lot happened this week so let’s take a look at the highlights: Dow stays in correction due to virus fears and political …
Read More »