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Finance & Markets

US 30-Year Mortgage Rates Fall for 4th Week

The average rate on a 30-year fixed US mortgage fell 9 basis points to 7.21% in the week ending November 6, marking a fourth consecutive weekly decline and providing some relief to the struggling housing market. Borrowing costs have dropped nearly 30 basis points from an almost two-year high of 7.5% reached early last month, ...

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Nvidia Stock Just Had Its Price Target Slashed 60%. Others Still Say Buy. Who's Right?

Baird downgraded Nvidia on Wednesday and cut its price target to $200. Morgan Stanley still sees the stock reaching $300, and others also remain bullish.

  • Baird downgraded Nvidia to Neutral, slashing price target 60% from $500 to $200
  • Morgan Stanley keeps Nvidia on top picks list despite 25% drop rule
  • Nvidia surges 5% to $177 amid strong CoreWeave results and solid earnings

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