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.
