S&P 500 and Nasdaq Decline as Investors Anticipate Powell's Speech, Mortgage Rates Hit New Low

Reported about 2 months ago

Major indices including the Dow Jones, S&P 500, and Nasdaq are down as investors wait for Federal Reserve Chairman Jerome Powell's address at the Jackson Hole Economic Symposium. Meanwhile, mortgage rates have decreased, with the average 30-year fixed rate falling to 6.46%, its lowest since May 2023.

Source: YAHOO

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