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News You Can Use
- We're making another trim of a stock under pressure to protect hard-fought profitsDiscipline is driving this trade because we do not want to turn gains into a losses.
- Weekly mortgage demand inched up, despite higher interest rates. Here's whyAfter flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.
- Young adults are holding off on moving out of their parents' house โ here's what's behind the trendAbout 1 in 3 adults ages 18 to 34 in the U.S. are living with at least one of their parents as a way of saving money.
- Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025The average 30-year fixed-rate mortgage was 6.78% on Nov. 14, unchanged from a week ago.
- Homebuilder deal activity is surging, fueled by major Japanese buyersStrong demand for new housing has smaller builders ripe for takeover. The Japanese are big players because their cost of capital is low.
- Mortgage demand stalls as financial markets digest Trump presidencyWhile tiny, the week's increase in total application volume marked the first rise in overall demand in seven weeks.
- Megacap tech stocks make some room โ here is where investors are branching outEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
- What's behind Salesforce's record highs โ plus, a possible stock to buy after this week's earningsThe Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
- Here's what the Trump presidency could mean for the housing market, experts sayDonald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.
- The 2 things that will drive the stock market after last week's Trump-Fed rallyTalk about an eventful week. And, the hurdles to come.
- What Trump's mass deportation plan would mean for immigrant workers and the economyPresident-Elect Donald Trump says his mass deportation plan will go ahead. Hiring firms and labor economists have begun to weigh the damage.
- Young adults in Puerto Rico are struggling financially. Here's what that means and why some returnMore than half of adults ages 18 to 29 in Puerto Rico are financially fragile compared to older generations on the island, and young adults in the U.S.
- Wall Street is bullish on one portfolio retail stock while raising concerns about anotherWe're talking about Home Depot and Best Buy.
- The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for youThe second interest rate cut in a row will affect consumer borrowing costs. Here's what it means for your credit card, mortgage rate, car loan and savings.
- Mortgage rates surge higher on Trump victory, causing housing stocks to fallLennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.