Henry Khederian

1 week ago | benzinga.com | Henry Khederian

Mortgage rates spiked to their highest level in nearly two months, with the average 30-year fixed climbing to 7.1% on Friday, according to Mortgage News Daily. The sharp increase — 13 basis points in a single day — wrapped up one of the most turbulent weeks for bonds in decades. What To Know: The surge followed a string of economic surprises, including newly introduced trade tariffs and conflicting signals from recent inflation data.

1 week ago | benzinga.com | Henry Khederian

In a CNBC interview Friday, Minneapolis Federal Reserve President Neel Kashkari raised concerns that investor sentiment may be shifting away from the U.S., citing unusual market movements amid ongoing trade tensions. What To Know: Treasury yields have surged while the dollar has weakened—an atypical reaction during geopolitical uncertainty. "Normally, when you see big tariff increases, I would have expected the dollar to go up.

1 week ago | sg.finance.yahoo.com | Henry Khederian

Americans are growing increasingly anxious about their financial health and the broader economy amid persistent inflation, rising interest rates and ongoing tariff tensions. What To Know: A new CNBC/SurveyMonkey poll conducted from April 3 to April 7 found that 73% of respondents feel "financially stressed," with 86% blaming inflation, 75% citing high interest rates, and 66% pointing to tariffs.

1 week ago | benzinga.com | Henry Khederian

Marin Software Inc MRIN shares are trading lower by 50.8% to 63 cents during Thursday’s session after the company announced plans for dissolution, which its board of directors has approved. What Else: Marin says this decision follows a comprehensive review of strategic alternatives by the Board of Directors, who concluded that an orderly wind-down would best serve stockholders.

1 week ago | benzinga.com | Henry Khederian

The Consumer Discretionary Select Sector SPDR Fund XLY pulled back Thursday, falling 3.9% to $187.90 during afternoon trading as investors took profits following a dramatic surge Wednesday. What To Know: The ETF, which tracks leading U.S. consumer discretionary stocks, had soared over 11% on Wednesday—its strongest single-day performance since 2020—driven by President Donald Trump's announcement of a 90-day pause on additional tariffs for non-retaliating countries.