Tag: basis points
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Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
US stocks fell sharply on Friday after a weak August jobs report raised recession fears.The S&P 500 had its worst week since March 2023,...
Stocks Hit by Jobs in Worst Week Since March 2023: Markets Wrap
(Bloomberg) -- Stocks saw their worst week since March 2023 and bonds whipsawed as another disappointing US jobs report revived concerns the economy is...
Nvidia stock tanks 4% amid rough week for chip stocks
Nvidia stock (NVDA) sank 4% on Friday as the semiconductor sector led a market sell-off in the final trading session of a volatile first...
Treasury Yields Plunge, TLT ETF Tops $100, VIX Spikes As 50-Basis-Point Rate Cut Odds Soar In Response To Jobs Data
The U.S. Treasury market rallied sharply on Friday after August labor data showed weaker-than-expected job growth, bolstering bets on Federal Reserve interest rate cuts....
Mortgage and refinance rates today, September 6, 2024: Rates drop 77 basis points in a year
Mortgage rates haven't changed much since last week. According to Freddie Mac, the 30-year fixed rate has remained stagnant at 6.35%, and the 15-year...