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Stock Market Today: Dow Jones Falls 700 Points, Indexes Pounded As Meta, Caterpillar Plunge; Gold Price Holds Steady

Stock Market Today: Dow Jones Falls 700 Points, Indexes Pounded As Meta, Caterpillar Plunge; Gold Price Holds Steady
investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.

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Stock Market Today: Dow Jones Falls 700 Points, Then Trims Loss By Half As Meta, Caterpillar Plunge; Gold Price Holds Steady

Stock Market Today: Dow Jones Falls 700 Points, Then Trims Loss By Half As Meta, Caterpillar Plunge; Gold Price Holds Steady
investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.

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Debt-addled governments can expect no early reprieve from the pain of higher interest rates

The world’s leading central banks may have paused their monetary tightening – for now at least. But market interest rates are still rising, casting a long shadow over the idea that all we have to do is wait, and eventually the cost of money will return to the near-zero path that ruled for much of the past 15 years.

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Today s mortgage rates are a bargain compared with their all-time high

On Thursday, August 24, Freddie Mac announced that the interest rate on the 30-year fixed-rate mortgage had risen to 7.23 percent.

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