The average US 30-year mortgage rate jumped 19 basis points to 7.49%, its highest since November 2023, as Treasury yields reached 24-year highs on oil-driven inflation concerns.
US Factories Expand as Costs ClimbUS manufacturing extended its expansion in September, with stronger demand and hiring offset by a sharp rise in input costs.
Behind Strong US Earnings: AI and OilUS corporate earnings continue to show solid growth, with artificial intelligence and the energy sector providing much of the momentum.
