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Posts published by “Joan Coby”

Donald Trump’s $2 billion stock windfall, Bitcoin falls, Super Micro Computer tanks: Markets news roundup

Former President Donald Trump could offload his 114.75 million shares of Trump Media & Technology Group, or about 60% of the company’s outstanding stock, next month. While the move would line his pockets, it could spell trouble for the already troubled stock. Read more...

Dow jumps more than 400 points as weak jobs report raises Fed rate cut hopes: Live updates

Dow gains 450 points, major averages notch winning week Traders work on the floor of the New York Stock Exchange. Brendan Mcdermid | Reuters Stocks closed higher Friday and capped off a winning week. The Dow Jones Industrial Average gained 450.02 points, or 1.2%, to settle at 38,675.68. The S&P 500 surged 1.3% to finish

Mortgage Rates Just Dropped

Mortgage Rates Just Dropped realtor.com/news/trends/mortgage-rates-just-dropped-but-home-prices-have-done-something-even-more-extraordinary Mortgage rates fell again this week, following the Federal Reserve’s decision on Wednesday to not raise interest rates—a much-anticipated break in the wake of 10 consecutive rate hikes over the past year. For the week ending June 15, the average 30-year fixed-rate mortgage rate sank to 6.69%, down from the