The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.
The Dow Jones Industrial Average dropped more than 500 points in midday trades Thursday, as the index was hit by an earnings-fueled drop from component Caterpillar. Meanwhile, Facebook and Instagram operator Meta Platforms led techs lower, gapping down and plunging as much as 16% on the stock market today. Inside the IBD 50, Deutsche Bank and First Citizens BancShares led with gains of 8% and 7%, respectively.
CAMPBELL, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Komprise, the leader in analytics-driven unstructured data management and mobility, today announced that it has been selected as the winner of a Gold Stevie® Award in the Data Tools & Platforms, New Product & Services category of The 22nd Annual American Business Awards® (ABA). Komprise was recognized for Storage Insights, a unified console for data-centric and storage-centric metrics. The Stevie Award is the fourth industry award for Komprise
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