October 17, 2026
Morning Brief, Oct 17: 30-year mortgage rate holds to 7.40%
Wall Street
S&P 500
7,659.44
▼ -1.09%Nasdaq
26,140.03
▼ -2.15%Dow
52,002.41
▼ -0.34%Russell 2000
2,721.37
▼ -1.66%Broad losses across the board
S&P 500 sectors
Energy▲ +2.52%
Utilities▲ +1.34%
Cons. Staples▲ +1.08%
Materials▲ +0.71%
Financials▲ +0.45%
Real Estate▲ +0.40%
Industrials▼ -0.08%
Health Care▼ -0.27%
Cons. Discretionary▼ -0.84%
Communication▼ -1.89%
Tech▼ -3.02%
6 of 11 sectors rose · best: Energy +2.52% · worst: Tech -3.02%
Rates, dollar & commodities
10Y Treasury
5.1%
▲ +0.01 ptsDollar Index
101.84
▼ -0.16%WTI Crude
$101.41
▲ +3.51%Gold
$4,181.1
▲ +0.26%Bitcoin
$81,481.79
▼ -0.02%VIX
19.99
▲ +21.45%Overnight in Asia
Nikkei 225
65,324.29
▲ +1.39%KOSPI
5,668.05
▲ +2.05%Hang Seng
24,186.83
▲ +0.52%Shanghai
3,716.28
▲ +0.24%Broad gains across the board
30-year mortgage rate holds to 7.40%
30-year fixed, week of Oct 15
7.4%- 0.00 pts
- Last week: 7.40%.
- 15-year fixed: 6.71% (-0.02 pts).
Source: Freddie Mac PMMS
U.S. business sales and inventories rose in August
Business inventory change
0.4%
- U.S. total business sales reached $2,123.5 billion, up 1.1 percent from last month.
- Total business end-of-month inventories were $2,818.8 billion, up 0.4 percent.
Source: U.S. Census Bureau
Retail and food spending rose 0.8 percent in September
September sales change
0.8%
- U.S. retail and food services sales were $745.0 billion in September 2026.
- Total sales rose 0.8 percent from the previous month.
Source: U.S. Census Bureau