Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably won't catch a break anytime soon.
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News: What you need to know about the markets | | | | Don't expect home prices to come crashing down anytime soon | Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably won't catch a break anytime soon. Read more » | | Russia cuts more gas supplies to Europe as inflation hits another record | Russia has temporarily halted natural gas deliveries to Europe through a vital pipeline and cut off all supplies to a French utility, deepening an energy crisis that has sent inflation in the region to a record high of 9%. Read more » | | Snapchat to lay off more than 1,200 staffers, or 20% of global headcount | Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employees. Read more » | | Bed Bath & Beyond is laying off 20% of its staff and closing stores | Bed Bath & Beyond's stock tumbled in early trading after it announced layoffs, store closures and fresh financing plans as it tries to reverse its business' decline. Read more » | | No sagging spirits for Jack Daniel's maker | The bourbon boom is showing no signs of ending anytime soon: Wall Street is still wild about whiskey. Jack Daniel's owner Brown-Forman reported quarterly results Wednesday morning that easily topped analysts' forecasts. Read more » | | Private sector job growth slows to just 132,000 positions added in August, new ADP report shows | The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing after months of strong job growth. Read more » | | | | | | | |
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| -280.44 | | -66.93 | | -31.16 | 31,510.43 | | 11,816.20 | | 3,955.00 | -0.88% | | -0.56% | | -0.78% | YTD -13.29% | | YTD -24.47% | | YTD -17.02% | | | |
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Biggest Winners | Las Vegas Sands Corp | +2.67% | | Baxter International Inc | +1.74% | | Coterra Energy Inc | +1.68% | | Teleflex Inc | +1.46% | | Biggest Losers | PVH Corp | -10.49% | | HP Inc | -7.68% | | Mosaic Co | -5.81% | | Best Buy Co Inc | -5.61% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $88.80 | -2.84 / -3.10% | | Gold | $1,721.90 | -14.40 / -0.83% | | 10-yr | 3.13% | +0.02 | | Euro | $1.01 | +0.00 / +0.29% | | |
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