Applications for U.S. home mortgages fell last week as interest rates rose, an industry group said on Wednesday.
Read more »
U.S. consumer confidence rose in October to its highest level since October 2007 as views on the job market improved, according to a private sector report released on Tuesday.
U.S. stocks were lower in late morning trading on Thursday, putting the S&P 500 on track for a fourth session of losses, as energy shares dropped with oil prices.
Applications for U.S. home mortgages rose last week as interest rates declined, an industry group said on Wednesday.
Global stock markets inched higher while U.S. debt prices fell on Thursday following unexpectedly low U.S. weekly jobless claims and stronger-than-expected U.S. earnings from companies including Facebook.
The euphoria with which investors in the U.S. stock market greeted the Federal Reserve's decision to stick with its easy-money policy has begun to evaporate, as the message the Fed was sending about a less-than-stellar economy sinks in.
