Monday, May 2, 2011
Daily Market Update 5/2/11
Mortgage rates were unchanged Monday as economic data was overshadowed by news of the death of Osama bin Laden. Construction Spending rose a stronger than expected 1.4% in March. An increase of 0.2% had been forecast. The Institute for Supply Management manufacturing index fell to 60.4 in April, close to expectations. No other key economic data will be released today.
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