Stock Market Today: Stocks higher to kick-off New Year; Tesla in focus
The S&P 500 booked its best two-year gain since 1998.
Test again for updates for the duration of the shopping and selling day
U.S. equity futures moved elevated in early Thursday shopping and selling as investors regarded to kick-off the new Twelve months by snapping a four-day losing trot powered but once more by megacap tech stocks and exact Treasury bond yields.
As much as this level at 7:07 AM EST
Mortgage upward thrust
U.S. mortgage charges moved again in the direction of the 7% tag into the live of final Twelve months, recordsdata from the Mortgage Bankers Association indicated, as bond markets proceed to rate-in few Federal Reserve rate cuts over the coming months.
The MBA acknowledged the benchmark fastened 30-Twelve months rate for conforming mortgages rose 8 basis facets to 6.97% over the length ending on Dec. 27, with purchases, refinancings and total exercise declining as a result.
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