NEW YORK (AP) – Drops for Tesla, Netflix and other big tech-oriented stocks put the clamps on Wall Street’s torrid rally Thursday.The S&P 500 fell 30.85, or 0.7%, to 4,534.87, coming off its highest close since early April 2022 and its seventh gain in the last eight days. The ...
Fewer Americans applied for unemployment benefits last week with the labor market continuing to cruise along despite higher interest rates intended to cool hiring.U.S. applications for jobless claims fell by 9,000 to 228,000 for the week ending July 15, from 237,000 previous week, the Labor ...
LOS ANGELES – The average long-term U.S. mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale.Mortgage buyer Freddie Mac said Thursday that the ...