Stocks choppy, oil pops, mortgage rates jump: LIVE UPDATES
FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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U.S. Stocks
"Making Money" host discusses NASDAQ's reversal signals in Thursday's 'Takeaway.'
Coin Stories podcast host joins 'Cavuto: Coast to Coast' to discuss economic strategies involving cryptocurrency as interest rates continue to rise.
Crude Price - Thomson Financial
| Symbol | Price | Change | %Change |
|---|---|---|---|
| USO | $68.28 | -0.35 | -0.51% |
| BNO | $29.36 | +2.33 | +8.62% |
| UGA | $55.76 | +3.70 | +7.11% |
Crude prices steadily climbed Thursday.
U.S. Stocks
Mortgage Rates: Freddie Mac
The new rate for a 30-Year Mortgage hit 4.16%: Freddie Mac
March 17, 2022
Statement by Press Secretary Jen Psaki on President Biden’s Call with President Xi Jinping of the People’s Republic of China
President Joseph R. Biden, Jr. will speak with President Xi Jinping of the People’s Republic of China (PRC) this Friday. This is part of our ongoing efforts to maintain open lines of communication between the United States and the PRC. The two Leaders will discuss managing the competition between our two countries as well as Russia’s war against Ukraine and other issues of mutual concern.
U.S. equity futures
U.S. equity futures were lower a day after the Federal Reserve raised interest rates for the first time since 2018.
The rate liftoff, which puts the benchmark federal funds rate at a range between 0.25% and 0.5%, is likely just the start of a series of increases intended to curb runaway inflation.
Meanwhile, oil prices climbed on supply concerns.
NYSE Traders ((AP Photo/Richard Drew))
U.S. equity futures traded between gains and losses the morning after the Federal Reserve announced its first interest rate hike since 2008 and China promised support for its real estate and internet industries. Continue reading
Oil Drilling (REUTERS/Ernest Scheyder)
Oil futures rose Thursday morning, adding to gains. The International Energy Agency (IEA) said a decline in oil demand due to higher prices would not offset a shut-in of Russian oil supplies, according to Reuters. Continue reading
Illustration of bitcoins (iStock)
Bitcoin was trading around $40,000 Thursday morning following the Federal Reserve's interest rate hike.The cryptocurrency has traded higher in four of the past five days heading into Thursday and is on a three-day winning streak. Continue reading
Gas Prices (AAA)
The average price for a gallon of gasoline in the U.S. slipped on Thursday to $4.289, according to the latest numbers from AAA. The price on Wednesday was $4.305. The previous record was $4.33, set on Friday March 11, 2022.
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