Monday, January 6, 2020

Daily Market Report 1/6/20

http://MikesDailyMarketReport.com: Markit Services PMI rose from 52.2 in November to 52.8 in December.  Stocks started the Morning in the Red, as Investors continued their concerns over the Drone Strikes in Iraq last week; however, the sentiment softened, and Stocks closed in Positive Territory.  MBS is about to close and is currently Up 2bps.  Mortgage Rates remained Unchanged from Friday's pricing.  Yields are Up to 1.80%.

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