Mortgage rates drop due to Wall Street’s tariff fears

U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since november 2016. financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety of bonds and pushing

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Apple’s shares fell 5.9 per cent, putting the S&P 500 and the Nasdaq on track for their biggest one-day percentage drop this year US (US) stocks tumbled on Monday after China announced retaliatory.

The Dow dropped by 3 percent, more than 800 points, Wednesday after fears of a recession emerged. The tumble was due to a number of factors, including what’s called an "inverted yield curve."

Why Trump attacked his Fed chair after 1st interest rate cut in years The U.S. economy has slowed, corporate profits have dwindled due to the lingering tariff war with China and global economic downturn, and the government yield curve inversion in August spread.

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U.S. equity indexes finished sharply lower Thursday, marking a third straight decline, after President Donald Trump said he would impose tariffs on steel and aluminum imports, raising concerns of protectionist trade policies that could hurt U.S. corporations and consumers.

2019-08-05  · Wall Street’s main indexes. response to the latest U.S. tariff threat fanned fears that it could. to drop for third session on tariff.

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Mortgage rates are sort of all over the place at the moment, and almost never where you’d expect. Those who haven’t been following the bond market too closely generally expect higher rates than.

Originally published on June 11, 2019 The financial news media has switched its obsession from trade tariffs to a coming Fed rate cut, so the news media. in a potential antitrust probe, and The.

Up and Down wall street. due to fears about a trade war.". most notable came when he was reportedly manhandled by President Lyndon Johnson at his Texas ranch for raising interest rates at.

BEIJING (AP) – Global stock markets were mostly lower Thursday after Wall Street fell on mounting fears of a possible recession. President Donald Trump delayed tariffs on about $160 billion in.