Global Markets Retreat as Middle East Tensions and Surging Mortgage Rates Weigh on Sentiment

· thestockmarketwatch.com

US equity markets faced downward pressure on Wednesday, with S&P 500 and Nasdaq 100 futures hitting session lows. The retreat followed a sharp increase in

Key Takeaways

US 30-year fixed mortgage rates jumped to 7.49% , the highest level since November 2023, as Treasury yields surge and inflation concerns persist....


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