MarianVejcik Long-term mortgage rates fell to their lowest level in about three months, and are expected to continue to come down over the summer months, according to the Freddie Mac Primary Mortgage Survey. 30-year fixed-rate mortgages averaged 6.86% as of June 27, down from 6.87% last week but higher thanContinue Reading
vchal/iStock via Getty Images NuScale Power (NYSE:SMR) is continuing a big run after the U.S. Department of Energy said it would fund up to $900M to aid in the deployment of small modular nuclear reactors. Since the announcement a week ago, the stock has soared 30%, including another 10% moveContinue Reading
U.Today – Despite trading at the lower levels of the monthly trading range, the first cryptocurrency is unlikely to have any problems moving upwards, considering the current distribution of liquidity. The provided chart shows that the majority of selling pressure is located far above the $70,000 threshold, and the onlyContinue Reading
andresr/E+ via Getty Images CDK Global, a software provider to retailers, is working to restore systems used at more than 15,000 car-dealer locations in North America. The process is expected to take several days, Reuters reported, citing an emailed statement from the company. On Wednesday, CDK briefly shut down allContinue Reading
Berezko/iStock via Getty Images Yemen’s Houthi rebels likely launched the aerial drone that damaged a ship in the Red Sea on Sunday, the Associated Press reported, citing maritime officials. The attack occurred around dawn off the coast of the rebel-held port city of Hodeida, according to the British military’s UnitedContinue Reading
shapecharge Though SPDR material-focused ETF (NYSEARCA:XLB) managed to gain just 4.79% through 2024 against the broad-based index ETF (SPY) of 15.08%, almost 80% of the tickers in the sector ETF managed to peak in value over the last year. From the end of 2023 through June 20, 22 of theContinue Reading
