Dow tumbles 1,000 points as Wall Street fears a prolonged war with Iran

Dow tumbles 1,000 points as Wall Street fears a prolonged war with Iran

New York  —  Global stocks remained volatile for a second day Tuesday, moving sharply lower as concern mounted among investors that the widening conflict in the Middle East could escalate further. The Dow tumbled 1,040 points, or 2.14%, shortly after the market open. The S&P 500 and tech-heavy Nasdaq sank 1.85% and 2%, respectively. Wall … اقرأ المزيد

Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

Mortgage rates climb to highest level in more than 3 months as Iran war reignites inflation fears

The war in Iran is driving up the cost of buying a home in America. The average 30-year fixed mortgage rate rose to 6.22% this week, up from 6.11% the week before. It’s the highest level since early December, reflecting the inflation fears rippling through markets. Less than a month ago, rates had fallen below … اقرأ المزيد