The red-hot housing market is starting to show signs of cooling off. Prices have spiked to levels unaffordable for many prospective buyers, and mortgage rates have jumped following the Federal Reserve's rate hikes and a surge in bond yields.
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| News: What you need to know about the markets | | | | | | Could a housing slump threaten the stock market and the entire economy?
| | The red-hot housing market is starting to show signs of cooling off. Prices have spiked to levels unaffordable for many prospective buyers, and mortgage rates have jumped following the Federal Reserve's rate hikes and a surge in bond yields. Read more » | | | Putin says Russia is rerouting trade to China and India
| | President Vladimir Putin said Wednesday that Russia is rerouting trade to "reliable international partners" such as Brazil, Russia, India, China and South Africa as the West attempts to sever economic ties. Read more » | | | JPMorgan lays off hundreds of employees in mortgage division as rates spike
| | JPMorgan Chase is laying off employees this week in response to the spike in mortgage rates that has rocked the housing market. Read more » | | | Juul vape pens could be pulled from US shelves. Altria shares tumble
| | A report that the Food and Drug Administration might order Juul to pull its products from store shelves has sent shares of Altria plunging. The cigarette company owns a 35% stake in Juul. Read more » | | | Sitting pretty? Revlon stock surges after bankruptcy filing
| | Move over, GameStop and AMC. And forget about bitcoin and other cryptocurrencies. Revlon, the struggling makeup and cosmetics company that filed for bankruptcy last week, is the latest meme stock craze among the army of individual investors on Reddit. Read more » | | | Why Kellogg is turning its back on Frosted Flakes and Froot Loops
| | For years, Kellogg's has been synonymous with Froot Loops, Frosted Flakes, Special K and other cereals. Now, it's focusing on snacks. Read more » | | | | | | | | | |
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| | | -47.12 | | -16.22 | | -4.90 | | 30,483.13 | | 11,053.08 | | 3,759.89 | | -0.15% | | -0.15% | | -0.13% | | YTD -16.11% | | YTD -29.35% | | YTD -21.11% | | | |
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| Biggest Winners | | DaVita Inc | +5.96% | | | | Clorox Co | +5.19% | | | | D R Horton Inc | +4.54% | | | | Crown Castle International Corp | +3.77% | | | Biggest Losers | | Altria Group Inc | -9.19% | | | | Freeport-McMoRan Inc | -7.96% | | | | Marathon Oil Corp | -7.23% | | | | Conocophillips | -6.27% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $104.30 | -5.22 / -4.77% | | | Gold | $1,840.10 | +1.30 / +0.07% | | | 10-yr | 3.16% | -0.15 | | | Euro | $1.06 | +0.00 / +0.35% | | |
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