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China's Xi urges U.S. to cooperate on AI

BEIJING — Chinese President Xi Jinping told U.S. President Donald Trump that there is more opportunity for cooperation than competition on artificial intelligence.

Stocks Finish Mostly Lower as Bond Yields Soar

The S&P 500 Index ($SPX) (SPY) closed down by -0.02% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.03%. December E-mini S&P future…

Cotton Firms into Thursday’s Close

Cotton futures closed the Thursday session with contracts up 2 to 60 points across the nearbys. Crude oil was up $2.60 per barrel on the session, with the US dollar index $0.163 higher.

30-year fixed mortgage rate jumps sharply Thursday to 7.45%

Mortgage rates rose sharply Thursday, as bond yields surged, with the average rate on the 30-year fixed hitting 7.45%, according to Mortgage News Daily. While other outlets, like Freddie Mac, reported Thursday morning t…

Dollar Supported by Higher T-Note Yields

The dollar index (DXY00) on Monday rose by +0.30%. The dollar moved higher Monday on carryover support on concern that last week's CPI and PPI reports showed an acceleration of prices that could keep the Fed from cuttin…