Stocks rallied on Wednesday as investors digested the latest round of economic data. Before the open, the composite Mortgage Application index rose 2.9% vs the prior reading of -0.7%. Mortgage rates fell to the lowest level since July and the average interest rate on a 30-year fixed rate conforming loan is 3.62%. The ADP Employment…
Market Update: Stock futures are slighter lower ahead of Thursday’s open as the market has to deal with Tuesday’s sell-off and then Wednesday’s rally and wait for Friday’s always fun (and fake) jobs report. Gary’s Thoughts: Weather already hitting. We suspect in our area 75-90 mph winds later tonight. Keeping fingers crossed. One note: TWTR down…
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