Dow Jones Top Markets Headlines at 3 PM ET: Mortgage Rates Surge, Notching Largest Weekly Gain in Four Years | Another ...

Mortgage Rates Surge, Notching Largest Weekly Gain in Four Years

The rise to 7.28% follows the bond-market rout and deals another blow to a limping housing market.

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Another Fed Leader Suggests Next Rate Increase Can Wait

Vice Chair Jefferson echoes another central bank official who cast doubt on an October hike.

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Stocks Fall as Bond Selloff Eases

Stocks moved lower after weekly jobless data and as worries around a hot economy, inflation and bulging fiscal deficits pushed bond yields higher again.

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Fed Officials Say Inflation Should Take Priority With Labor Market Stable

Tom Barkin, Susan Collins and Jeffrey Schmid backed September's rate increase and said inflation remains a concern as the labor market holds steady.

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U.S. Jobless Claims Fall for the Fourth Straight Week

The number of people who filed for unemployment benefits was 197,000, which was 1,000 lower than the revised 198,000 reported a week earlier, while economists expected to see the figure tick up to 200,000.

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Canada Manufacturing Grows More Modestly in September

Canadian manufacturing activity softened again last month, with the industry continuing to notch a lift in production in the face of a fall in new orders and a spike in cost inflation, data showed.

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Global Dealmaking Cools in Third Quarter

EXCLUSIVE: Fragile artificial-intelligence sentiment and higher borrowing costs helped dampen merger-and-acquisition activity in the third quarter, but giant AI deals mean 2026 is still on track to be the second-highest-volume year for global M&A ever, according to Mergermarket data.

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Dollar Hits Near 18-Month High on Prospect of Higher U.S. Rates

The dollar jumped to its highest level since April 2025 against a basket of currencies, deriving continued support from the prospect of the Federal Reserve raising interest rates further.

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Global Bond Yields Turn Lower

The global bond selloff took a breather and borrowing costs fell to just below multidecade highs, amid bets that U.S. interest rates may not rise as fast as previously thought.

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Eurozone Labor Market Continues to Defy Mounting Economic Headwinds

Unemployment stayed at 6.4% in August, even with higher interest rates and an energy crunch driven by war in the Middle East.

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France Is Ground Zero in the Global Bond Rout

The French government aims to cut tens of billions of euros in spending next year as it seeks to calm investor worries.

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AI Boom Keeps Asian Factory Activity Humming Despite Cost Pressures

Gauges of factory activity in Asia continued to signal expansion at the end of third quarter, as the artificial-intelligence boom offset cost pressures and supply disruptions.

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Oil Rises as Supply Concerns Persist Despite Middle East Crude Exports Recovering to Prewar Levels

Oil prices edged higher as risks around the U.S.-Iran conflict persisted despite Middle East crude exports continuing to recover toward prewar levels.

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AI Boom Powers South Korea's September Exports Past $120 Billion

Exports from Asia's fourth-largest economy, home to memory-chip makers Samsung Electronics and SK Hynix, rose 83.5% from a year earlier to $120.94 billion in September.

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Fed's Kashkari Says Inflation Still Too High, Latest Data Didn't Change View

Kashkari said the bigger surprise in the latest batch of inflation data was the revisions to gross domestic product growth that suggested a resilient economy and consumer.

(END) Dow Jones Newswires

October 01, 2026 15:00 ET (19:00 GMT)