US 30-year mortgage rate hits highest since January 2025, Freddie Mac says
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(RTTNews) - Stocks have moved sharply higher during trading on Thursday, regaining ground after coming under pressure late in the previous session.
Key PointsComcast, PepsiCo, and Darden yield 5.6%, 4.4%, and 3.1%, respectively.
The Dow lost 630 points on the Fed's rate hike. A day later, chip stocks took most of it back.
Record diesel prices are already walloping the transportation sector, and if energy prices stay high, the economic impact will spread.