Market Update

Politics, jobs weigh on Wall Street as housing cruises

Politics, jobs weigh on Wall Street as housing cruises

Politics weighed heavily on Wall Street this week as investors’ uncertainty about the upcoming election grows. The first round of presidential debates was particularly vicious. That led many investors to worry about potential controversy extending well past the November 3 election day. Then, two events that happened late Thursday threw another wrench into the week. 

The $2.2 trillion stimulus package presented by Speaker of the House Nancy Pelosi (D) was passed by a slim margin in the House with 18 Democrats opposing the plan.

Continue reading Politics, jobs weigh on Wall Street as housing cruises at Movement Mortgage Blog.

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