Wall Street gains on tariff relief, strong GDP data

Major US stock indices opened higher on Thursday on cooling of geopolitical tensions after President Donald Trump dialed back his tariffs threat on European nations over Greenland acquisition. The market sentiments were also boosted by latest US economy data for third quarter. The inflation-adjusted gross domestic product (GDP), which measures the value of goods and…

Read More

US real estate stocks climb on fall in mortgage rates, loan demand growth, Trump comments

American real estate Equities rose on Wednesday, buoyed by declining mortgage rates and a significant uptick in loan applications throughout the previous week. According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey released on Wednesday, mortgage applications in the US jumped 14.1% for the week ending January 16. The data revealed that the…

Read More