Nasdaq Closes at Record High as Tech Giants Rally and Oil Prices Ease Ahead of Earnings Season
NEW YORK — Wall Street opened the week on a confident footing on Monday, with the Nasdaq Composite closing at a fresh record as the...
Tag : Federal Reserve rate hike
US Mortgage Rates Climb Above 7% as Treasury Yields Surge, Squeezing Homebuyers
For millions of would-be homebuyers, the most important number in the American economy this autumn has crossed a psychological line. The average rate on a...
Gold Slides to Seven-Week Low as Treasury Yields Reach Highest Level Since 2007
Gold suffered its steepest one-day retreat in weeks on Monday, sliding to a seven-week low as a jump in US government borrowing costs and growing...
Mortgage Rates Top 7% as Treasury Yields Climb After Fed Rate Hike
Anyone hoping for cheaper home loans this autumn received another setback as mortgage rates moved above 7 percent, driven by a surge in Treasury yields...