Mortgage rates slip, AI stocks in focus: Yahoo Finance

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The Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are slipping as Wall Street reacts to the latest economic data. Initial jobless claims came in at...

) are slipping as Wall Street reacts to the latest economic data. Initial jobless claims came in at 238,000 for the week ending June 15, higher than economists’ expectations. On the housing front, the average rate for a 30-year fixed-rate mortgage fell to 6.87%, according to Freddie Mac. It’s the lowest level since early April. It comes after new housing starts and building permits fell more than expected in May.

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Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’ BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.Here's why I continue to buy shares of this S&P 500 index ETF whenever I can. The post This Is the Biggest Stock in My Personal Portfolio appeared first on The Motley Fool Canada.

The TSX is a gold mine for dividend stocks. You can find 6% yield stocks that even grow their dividend income. They can help you beat the TSX. The post Beat the TSX With These Cash-Gushing Dividend Stocks appeared first on The Motley Fool Canada.Manulife Financial stock is in the zone, with dividend hikes and big buybacks likely in the cards. The post TFSA Set and Forget: 1 Dividend-Growth Superstar for the Long Run appeared first on The Motley Fool Canada.

 

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