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S&P Futures
4,234.50
+24.50(+0.58%)
Dow Futures
33,477.00
+217.00(+0.65%)
Nasdaq Futures
13,466.50
+74.50(+0.56%)
Russell 2000 Futures
1,982.20
+12.70(+0.64%)
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SPDR S&P Homebuilders ETF (XHB)

NYSEArca - NYSEArca Delayed Price. Currency in USD

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64.92

+2.18

(+3.47%)

At close: 04:00PM EDT

65.00

+0.08

(+0.12%)

Pre-Market:

08:30AM EDT

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Trade prices are not sourced from all markets

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Robert Shiller: 'We have a lot of ingredients that might lead to a recession'
Nobel Prize-winning economist Robert Shiller predicts the housing slowdown is a sign that a recession may be on the way.
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What Do Higher Mortgage Rates Mean for the Housing Market?
Interest rates are in the middle of their biggest increase in many years. This is going to have a massive impact on the housing market and related equities such as the SPDR Homebuilders ETF (NYSEARCA:XHB). It starts with headline mortgage rates. The average interest rate on a 30-year fixed mortgage has risen from 3.2% early last year to more than 5% now. This has a massive effect on affordability. It’d be easy to take that data and conclude another 2008-style housing bust is on the way. But that
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Market check: Dow leads indices, energy stocks gain, wheat futures fall
Yahoo Finance’s Jared Blikre breaks down how markets opened on Friday.

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