Market Insider

By
Mortgage and Lending with Senior Loan Officer at US Bank Home Mortgage NMLS # 273204

 

 Market Insider

Treasuries and mortgages opened weaker this morning,the stock market trade in pre-market opening also looking weak. If the stock market (DJIA) ends this week lower it will be the first time since 2002 the key index closes lower for 7 consecutive weeks. There are no economic reports today and through the week there isn't much data to look at. The week has treasury auctioning $66B of notes and bonds. OPEC will meet Wednesday with the Saudis pushing for more production, crude oil this morning trading lower on the OPEC outlook.

 

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