Stocks near records, mortgage applications surge: Yahoo Finance

Stocks near records, mortgage applications surge: Yahoo Finance

September 25, 2024

US markets (^DJI, ^IXIC, ^GSPC) are looking to continue the momentum after the S&P 500 saw its 41st record high of the year yesterday. Investors now await Friday’s Personal Consumption Expenditures (PCE) reading which could provide insights into the Federal Reserve’s future monetary policy decisions. On the housing front, mortgage applications surged to their highest level since 2022, with refinancing seeing the highest jump, up 20% week-over-week. The move comes after the Federal Reserve cut interest rates last week. Yahoo Finance’s trending tickers spotlight Aurora Innovation (AUR), Nvidia (NVDA), and The Home Depot (HD).

Key guests include:
9:05 a.m. ET : Brian Jacobsen, Annex Wealth Management Chief Economist and Strategist
9:30 a.m. ET Ryan Detrick, Carson Group Chief Market Strategist
10:20 a.m. ET Eric Jackson – EMJ Capital Founder and President
10:45 a.m. ET Peter Jackson, Flutter CEO
11:15 a.m. ET Chris Brownridge, Rolls-Royce Motor Cars CEO