Tuesday, March 5, 2013

Daily Market Update 3/5/13

Mortgage rates were little changed Tuesday as a stock market rally carried the Dow Jones Industrial Average to a new record high.  In economic news, the Institute for Supply Management Services Index rose to 56.0, beating expectations.  Readings above 50.0 indicate expansion in the services sector.  The big report this week will be Friday's release of February Employment data.

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