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Thursday, 21 April 2022

[New post] UPDATE: The Markets, COVID and Homes

Site logo image Editor-in-Chief posted: " By Staff Reporters *** *** Markets: Yesterday was a tale of two markets. The Dow, which is home to blue-chip corporations like P&G, gained, while the NASDAQ, comprised of tech stocks, faltered. Netflix is now the worst performing stock i"

UPDATE: The Markets, COVID and Homes

Editor-in-Chief

Apr 21

By Staff Reporters

***

***

  • Markets: Yesterday was a tale of two markets. The Dow, which is home to blue-chip corporations like P&G, gained, while the NASDAQ, comprised of tech stocks, faltered. Netflix is now the worst performing stock in the S&P this year.
  • Covid: The DOJ appealed a judge's ruling that overturned a federal mask mandate for transportation. The move came at the suggestion of the CDC, which determined that people should still wear masks in indoor public transportation settings.
  • Homes: The median existing-home price in the US hit an all-time high of $375,300 in March, up 15% from the year before. With surging mortgage rates and higher home prices, the average borrower is paying ~38% more than they would have for the same home a year ago, per Realtor.com.

***

COMMENTS APPRECIATED

Thank You

***

***

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