And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on because they came in quite strong. Right . Yes, mandy. Were seeing healthier sales in june. Prices, not so much. Sales gained a larger than expected 3. 2 in june for the month, up 9. 6 for the year. Thats the strongest monthly pace in over eight years. But they came at a very high price. The median existing home price hit 236,400. Thats the highest ever. It is due to tight supply up less than half a percentage point from a year ago, just 2. 3 million homes for sale. It is also due to more expensiv
As far researchers have not turned up any information the points to the whereabouts of maddy middleton. They will cordon and search plan of the Sheriffs Office search and rescue teams will be developing a plan over the next call the. 24 hours of the. Fbi has joint investigation providing Research Resources to a separate. This point well over a hundred. Reporter the search continues even now i spoke with a friend of the child in front of her family says this is very on liquor where shes she does better go far from home. The school back out here live for more image we have a the young lady. She as a freckled face a yearold with longbrown hair. Told she settles for feet tall and weighs 48 lbs. And last seen in the alley walkway between her apartment and san leandro river class seen disappearing 530 under white razor scooter. The fbi is now involved even though they say theres no evidence of foul play to write now for the record this is missing persons case. Grant maddy was last sween here
We continue to grind a little lower. Can i say that . Matt you may. Take a look at the Dow Jones Industrial average. The nasdaq, no, it looks like it is actually putting up some gains. That is interesting because apple has taken a hit. Apple stocks are down 2. 3 right now, almost three dollars. 115, 75 per share. Alix 104 million shares are trading in apple. A huge amount of volume youre seeing in that stock. Matt absolutely. Were headed toward a death cross on apple stock when the 50 Day Moving Average would come down below the 200 Day Moving Average. You technical traders, do not completely freak out. Alix i want to show you what is really moving right now. Aroundt big pop we saw 1 30. That was really dennis having an effect on the treasury market. He said in an interview with the wall street journal it could be appropriate to raise rates in september and that there is a jump in the shortterm yields that are very sensitive to any rate hike expectations are he did say there was a high
Around as much as equities. Oil may put in eight straight weekly losses. Weve not done that since the 1980s. Hp out with results. Sales force ceo calls it the best quarter ever. Find out what else he told cramer last night and fedex launching a 4. 8 bid for a buduh rival. You were not supposed to be here today, but you had the day off. But its important enough to see how this goes down, at least in your mind. I think people are trying to revalue equities. I want to help people. Im not so selfimportant, but i think it is an important day, and i think its one of the things where i think a lot of people are just giving up. A lot of other people are saying theres no price to pay for anything. Its not a great time for the market. There are things that are happening. While its not a great time, the dollar is getting weaker. No one talks about that. When commodities come down, then you can see the notes today, vf corp. , thats a winner. Pepsico is a winner. Sales force doing a good number. Hu
Las vegas and our hearts burst, our shoulders heave. We feel nothing but sadness. However we know it is part of a continue yum this isnt the end therell be others is it simply realistic ironically this stock market is as real as it can get. Nasdaq advancing 4. 2 all to new highs. As we quick off the Fourth Quarter i see stocks go higher as people believe in progress and people find ways to dredge through troubles waters. For example, our secretary of state is working to try to diffuse the situation of north korea, avoid a nuclear war this man, Rex Tillerson is doing everything he can to get the chinese to final clamp down on kim onun right at the moment looks like hes making process. President trumps comes out and belittles his mission and saying tillerson is waisting his time and rocket man, hell be dealt with in a different fashion. My jaw hit the concrete when i saw this we have what looks like to be a wholesale rebellion in a part of spain thats long desired its independence you go