Video Credit: Reuters Studio - Duration: 01:30s - Published
S&P ends lower after flirting with record
The S&P 500 ended slightly lower Thursday after briefly trading above its record closing high level for a second day, and the Dow also fell in the wake of a disappointing forecast from Cisco Systems. Fred Katayama reports.
On Thursday, the S&P 500 extended its record highs.
Federal Reserve Chair Jerome Powell spoke at this year's virtual Jackson Hole symposium.
Business Insider reports that Powell outlined the central..
Despite record unemployment, July sales of new homes in the US have hit the highest rate in nearly fourteen years.
Sales jumped the most in the Midwest, soaring 58.8% to 127,000 units. Home sales..
Mortgage Rates Fall to a
Record Low Rate for 8th Time in 2020 The average interest rate for a
30-year fixed-rate mortgage fell
to 2.88 percent last week. Just a year ago, the rate
for the same..
Credit: Wibbitz Top Stories Duration: 00:59Published
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