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U.S. Treasury yields continue to rise, impacting mortgage market and economy. Bond ETFs down, mortgage rates highest since 2023, federal deficit concerns.
As the week unfolds, investors are eagerly awaiting the impending release of the U.S. gross domestic product growth rate for the first quarter of 2024, set for this Thursday, ahead of the highly anticipated Personal Consumption Expenditure (PCE) price index report – the Fed’s preferred inflation gauge – on Friday. The U.S. economy showed a robust 3.4% growth rate in the last quarter of 2023, following another spectacular 4.9% growth in the third quarter, according to the final estimates from the
ISun shares are trading lower by 44.6% during Wednesday's session. The company is implementing a 1-for-20 reverse stock split of its common stock.
Vietnam's consumer price index (CPI) is forecast to grow between 3.2 per cent and 3.6 per cent this year, according to the latest projection of the Ministry of Finance.
With a relatively attractive valuation and a bullish industry outlook, seafood stocks are expected to grow positively in 2022.