Important stock market updates

Posted on: October 5th, 2022
By: Tadeo Martinez

  • Fed meeting in October 21 caused a big sell off
  • The Treasury is up to 3.765%
  • The yield curve is still in a downward slope
  • Inflation is at 8.26% (slowly going down)
  • Mortgage rates are at about 5.25%-7.38%
  • Unemployment rate is at 3.7%
  • Crude oil is at $87.16
  • SPY is at $371.34
  • VIX Index is at 29.92

DOW tumbles 700 points, setting a new low for the year

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