Shocking Dow Jones Industrial Average Jumps 556 Points
Dow Jones Industrial Average surges 556 points as investors rotate from AI stocks into value shares despite hotter inflation and Fed rate concerns.
Dow Jones Industrial Average surges 556 points as investors rotate from AI stocks into value shares despite hotter inflation and Fed rate concerns.
Loans could remain costly as Fannie Mae raises its mortgage rate forecast, projecting 30-year rates near 7.5% through 2027 amid inflation pressures.
Mortgage rates have reached 7.28%, raising monthly payments by about $900 and making homes, cars, and other loans harder to afford.
Fed minutes reveal broad support for another 2026 rate hike as inflation stays elevated, Treasury yields hit historic highs and stocks retreat.
Trump approval falls to a career-low 33% in a new CNN poll, as voters blame the economy, tariffs and inflation for financial stress before the midterms.
Stock market today: McDonaldâs shares slide nearly 31% as inflation, weak sales, pricing concerns, and an $8.5 billion recovery plan unsettle investors.
Diesel fuel prices hit nearly $6.45 a gallon, with West Coast rates above $8 as supply constraints, oil prices and trucking costs continue to surge.
The Dow Jones stock market rebounds as falling oil prices and easing Treasury yields lift U.S. stocks after the Federal Reserve raises rates.
Social Security recipients could see a 3.5% COLA increase in 2027, raising average monthly benefits by nearly $68 if the forecast holds.
30 year mortgage rates climbed to 6.97%, the highest since May 2025, as inflation fears, energy costs and Treasury yields pressure homebuyers.