Monday, March 4, 2019

Daily Market Report 3/4/19 They released the Construction Spending for December, which is one of the delayed reports due to the Gov't Shutdown.  It dropped 0.6% on forecasts of it going up 0.3%.  Stocks started the day in Positive Territory on news of the US/China Trade Talks is near completion; however, it just recently turned to Negative Territory.  MBS is up 6bps, which Mortgage Rates remain Unchanged from Friday's pricing.  Also, Yields remain Unchanged at 2.75%.

To get the latest Updates, then follow me on Twitter @MikeBjork

Please subscribe to my Blog or stop by my YouTube Channel at MikesDailyMarketRpt

No comments:

Post a Comment