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US stocks ease for 2nd day after record run

US stocks fall for a second day after a run that saw new Dow and S&P records and a 15-year high for the NasdaqUS stocks fell for a second day Wednesday after a run that saw new Dow and S&P records and a 15-year high for the Nasdaq. Dull data on private business hiring and service sector growth, and a so-so Beige Book economic survey from the Federal Reserve kept traders cautious, with eyes now on Friday's official jobs market report for February, and the European Central Bank meeting Thursday. At the close, the Dow Jones Industrial Average was down 106.47 points (0.58 percent) at 18,096.90. The broad-based S&P 500 fell 9.25 (0.44 percent) to 2,098.53, while the tech-rich Nasdaq Composite dropped 12.76 (0.26 percent) to 4,967.14.


Today's Rates*

TermRateAPR
30 Yr Fxd3.875%4.092%
15 Yr Fxd2.99%3.444%
5 Yr ARM3.125%3.209%
*=This is only an estimate, provided for illustrative purposes only. Actual rates and payments may vary. It does not constitute a quote.

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