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Mortgage Rates Climb to 6.55% as Treasury Yields Surge, Dampening Housing Demand
Mortgage rates increased Tuesday, with the 30-year fixed rate reaching 6.55% as Treasury yields climbed. Mortgage applications dropped 10.9% last week, reflecting continued buyer sensitivity to higher borrowing costs.
Grab Announces $400M Buyback and Taiwan Expansion, Shares Rise
Grab Holdings shares advanced following the announcement of a $400 million stock buyback and a $600 million acquisition of Delivery Hero's foodpanda Taiwan business, expanding its geographic footprint.
XRP Holds Near $1.40 as Geopolitical Tensions Offset Regulatory Clarity
Ripple's XRP token remained near $1.40 on Tuesday, failing to sustain momentum as rising oil prices and Middle East tensions countered recent regulatory progress. Bitcoin held steady around $70,489.
Bitcoin Retreats Below $69K as Geopolitical Relief Fades, Crypto Stocks Slide
Bitcoin reversed course, dropping below $69,000 as optimism over delayed U.S. strikes on Iran faded. Coinbase and Strategy shares declined alongside the crypto pullback.
European Gas Prices Retreat Amid Qatar Supply Shock, Storage Concerns Mount
European natural gas benchmarks declined Tuesday but stayed well above last month's levels after QatarEnergy invoked force majeure on LNG contracts, reducing export capacity. Storage levels are low, with Shell cautioning about possible supply shortfalls.
Silver Holds Near $70 Amid Geopolitical Tensions and Rate Uncertainty
Silver prices held near $70 an ounce on Tuesday, influenced by Middle East tensions and interest rate risks. The market faces a sixth consecutive annual supply deficit in 2026, amplifying price swings.
Gold Stalls Near $4,400 as Rising Yields, Oil Pressure Safe-Haven Appeal
Gold steadied near $4,409 an ounce Tuesday following a sharp decline to a four-month low, pressured by climbing bond yields and energy costs that are undermining its safe-haven status.
Intel Shares Dip on U.S. Stake Disclosure, Board Leadership Shift
Intel shares fell Tuesday after a regulatory filing disclosed significant U.S. government ownership and an impending board leadership change, underscoring the challenges in the company's manufacturing recovery.
Markets Mixed as Oil Surge, Slowing PMI Weigh on Sentiment
U.S. stocks were mixed Tuesday as a rebound in oil prices and signs of slowing economic growth tempered Monday's rally. The Dow Jones Industrial Average advanced, while the Nasdaq Composite slipped.
Opendoor Stock Dips as Rising Mortgage Rates Pressure Spring Housing Outlook
Opendoor Technologies stock declined roughly 2% as mortgage rates climbed to their highest level since December, clouding the spring homebuying season. The company forecasts a sequential revenue drop and ongoing EBITDA losses.
Denison Mines Gains on Partner's Uranium Find, Phoenix Mine Development Advances
Denison Mines shares advanced after joint venture partner Cosa Resources reported a significant radioactive intercept at the Murphy Lake North project. Concurrently, Denison is moving forward with site preparation for its major Phoenix in-situ recovery uranium mine.