5 things to know before the stock market opens Wednesday
Here are the most important news items that investors need to start their trading day.
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Mortgage demand drops for the first time in 5 weeks, after interest rates rise
Total application volume fell 0.7% compared with the previous week, according to the MBA’s seasonally adjusted index. That was the first decline in five weeks.
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Trump's pick to lead NASA made a big bet on crypto while going to space on the side
Before being nominated by President-elect Trump to lead NASA, Jared Isaacman guided his payments company Shift4 into the crypto market.
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Treasury yields inch higher as Fed rate decision nears
The Fed is widely expected to cut rates by a quarter point.
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UniCredit raises stake in Commerzbank to 28% as Orcel ups ante on pursuit
Investors are watching whether UniCredit will proceed with a takeover venture of Germany’s Commerzbank or Italian peer Banco BPM.