Housing Market Slumps as Mortgage Rates Top 7% Existing home sales in March posted their biggest monthly drop in more than a year, buffeted by mortgage rates that rose again.
Stocks Turn.
U.S. Stocks Turn Lower U.S. stocks turned lower, with all three major indexes in the red. The S&P 500 had started the day hovering about 0.3% from its all-time high, before pulling further.
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