Market Update

Housing staying strong amid market volatility

Housing staying strong amid market volatility

Tech stocks took a hit this week, dragging Wall Street down with them. The Dow Jones Industrial average saw a sharp sell off Thursday, dropping around 400 points. Apple, Amazon and Microsoft all took losses with Microsoft faltering by 4%. Travel also took a huge hit, with companies like Southwest Airlines reporting a loss of $915 million in Q2. 

Part of the reason for the drop in stocks like Microsoft was a worse-than-expected unemployment report.

Continue reading Housing staying strong amid market volatility at Movement Mortgage Blog.

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