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HomeECONOMY3 Record-Breaking Numbers That Sum Up The Economy Right Now

3 Record-Breaking Numbers That Sum Up The Economy Right Now

U.S. market losses continued on Friday as the Dow Jones Industrial Average dropped 1 percent and the S&P 500 dropped 1.7%, capping off a volatile week which saw the Dow swing greater than 1,000 points twice in a span of just 3 times.

here This week, three amounts that defined market and the marketplace.

Mortgage Rates

Home-quarantines, disturbance to business activity, and travel limitations have the capacity to depress house sales.

Not in the marketplace? With rates so low, it might be a fantastic time to refinance your house .

Bond Yields

Closely tied into mortgage prices is the return on the 10-Year U.S.

Treasury bond, which plummeted to a record low of 0.667percent on Friday morning.

Yields hovered around 2.6percent annually ago.

Unemployment Rate

The speed has not been lower than that because May 1969.

We could anticipate a better idea of the effect of this outbreak on next month Employment and labour force participation.

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Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

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