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Business

Wall Street hit by falling tech stocks and bitcoin plunge

NEW YORK (AP) — Sharp drops hit Wall Street on Thursday as technology stocks fell and bitcoin plunged again to roughly half its record price set last fall. Several discouraging reports on the U.S. job market also knocked down yields in the bond market. The S&P 500 fell 1.2% for its ...

Average mortgage rate barely budges, holding near 6%

The average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears. The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared with last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. ...