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The Nikkei 225 index opened down 549.08 points, or 0.80%, at 68,407.64 on Friday, October 2.

2026-10-02

The Nikkei 225 index opened down 549.08 points, or 0.80%, at 68,407.64 on Friday, October 2.

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2026-10-02

U.S. Trade Representative Greer: Had constructive dialogue with Indian Trade Minister Goyal, working toward finalizing a trade agreement.

U.S. Trade Representative Greer: Had constructive dialogue with Indian Trade Minister Goyal, working toward finalizing a trade agreement.
2026-10-02

Freddie Mac said the average 30-year fixed mortgage rate rose to 7.28% this week from 7.03% last week, the sixth consecutive weekly increase and the highest since November 2023; it was 6.34% a year earlier. The 15-year fixed rate climbed to 6.60% fro

Freddie Mac said the average 30-year fixed mortgage rate rose to 7.28% this week from 7.03% last week, the sixth consecutive weekly increase and the highest since November 2023; it was 6.34% a year earlier. The 15-year fixed rate climbed to 6.60% from 6.42%. After dipping to 5.98% at end-February, the 30-year rate has risen roughly 130bps, increasing monthly payments on a $400,000 mortgage by about $276. AP reported that a jump in oil prices has lifted inflation expectations and pushed U.S. Treasury yields higher: the 10-year yield moved from 3.97% at end-February to about 5.27% intraday Thursday, further pressuring mortgage costs. Higher interest rates continue to weigh on the housing market: existing-home sales fell 2% MoM in August to a 3.98 million annualized pace, the weakest in over a year.
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