U.S. stocks surge after Trump hints at trade progress, easing fears of disruption. S&P 500 up 3%, tech-heavy Nasdaq 100 outperforms. Semiconductors lead sector rally.
We knew the markets probably weren’t going to respond well to the tariffs, but the breadth and depth of them provoked a virtual instant selloff in aftermarket trading yesterday.
The communications-focused real estate investment trust (REIT) named Chief Financial Officer Dan Schlanger as interim chief executive, effective immediately.
Banks are growing more impatient with loan extensions and modifications raising the amount of 2025 debt maturities to $957 billion from $659 billion from 2022.
Last week, mortgage applications dropped 6.2% due to rising interest rates and lower refinance demand. Fed policy announcement may impact future rates.
