July 29, 2024

Market Recap Week Ended July, 26, 2024

Source: https://www.jhinvestments.com/weekly-market-recap#market-moving-news

Recent Articles

Mortgage Rates Hit 6.43%: What Higher Borrowing Costs Mean for Memphis Buyers and Investors.

US mortgage rates have climbed to a five-month high of 6.43% for the typical 30-year fixed loan.

Markets Climb as Ceasefire Hopes Offset Ongoing Conflict Uncertainty

Markets pushed higher in a volatile session as investors balanced optimism around potential US-Iran ceasefire talks against continued signs of escalation.

Geopolitics Keeps Markets on Edge as Oil Rebounds

Stocks finished lower but off session lows as investors weighed tentative diplomatic signals around the Iran conflict against ongoing uncertainty, while a sharp rebound in oil prices and rising bond yields reinforced concerns about inflation and growth.

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Market Recap Week Ended July, 26, 2024

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