Thursday, April 4, 2019

Daily Market Report 4/4/19 The Weekly Jobless Reports continue to drop, as they go from 212k people applying for Unemployment Benefits the prior week to 202k applying for the Benefits last week.  Tomorrow is the Jobs Report by the Bureau of Labor Statistics (BLS).  Stocks are Mixed this morning, as the DOW is the only index in Positive Territory.  Investors continue to watch for any news on the US/China Trade Talks.  President Trump is due to meet the Vice Premier today, just after close of the Stock Market.  Some think that a Summit might be announced around then.  We'll have to see!  Still more to hammer out in negotiations.  MBS are Up 5bps, so Mortgage Rates remain Unchanged from yesterday's pricing.  Yields remain at 2.51%.

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