Economic Preview: U.S. economy primed for fast start to 2018, leading indicators show

Getty The U.S. economy looks primed for fast growth in early 2018. The numbers: The leading economic index jumped 0.6% in December, marking the third straight strong increase and suggesting the U.S. is likely to grow rapidly in early 2018. The index also rose 0.5% in November and 1.3% in October. A measure of current … Read more

Economic Report: Mortgage rates surge to a 10-month high

Rates for home loans soared to the highest level since March as a long-expected bond rout rolled on. The 30-year fixed-rate mortgage averaged 4.15% during the week ending Jan. 25, Freddie Mac said Thursday, up from 4.04% in the prior week. The 15-year fixed-rate mortgage averaged 3.62%, up thirteen basis points. The 5-year Treasury-indexed hybrid … Read more

Economic Report: U.S. jobless claims bounce higher one week after dropping to 45-year low

Getty Images American workers are keeping busy amid a rip-roaring labor market. The numbers: Initial U.S. jobless claims rose by 17,000 to 233,000 in the seven days ended Jan. 20. below the 240,000 forecast of economists polled by MarketWatch. The more stable monthly average of claims fell by 3,500 to 240,000, the government said Thursday. … Read more

CryptoWatch: Bitcoin futures slip as SEC, CFTC look to ramp up oversight

Bitcoin futures on Thursday morning traded at break-even levels but held above closely watched trade at $11,000, as cryptocurrencies broadly saw muted action. Regulatory scrutiny of digital assets has intensified in 2018, which has deflated, at least momentarily, a spectacular run for bitcoin, Ether coins and other cyber units. Bitcoin trading on Cboe Global Markets … Read more

Bond Report: Treasury yields lower as investors look ahead to ECB press conference

Treasury yields were lower Thursday as investors looked ahead to the European Central Bank’s press conference where President Mario Draghi is likely to field questions when the ECB will end its asset-purchasing program sooner rather than later. How are Treasurys performing? The yield for the benchmark 10-year Treasury note TMUBMUSD10Y, +0.21%   fell 1.7 basis … Read more

Market Snapshot: Dow set to open at fresh record as Bank of America warns of ‘frothy’ markets

U.S. stock futures stepped higher Thursday, putting the Dow Jones Industrial Average on course for another record. Investors are getting a raft of earnings reports again, with Caterpillar Inc. and Intel Corp. among the big names posting results. What are the main benchmarks doing? Dow futures YMH8, +0.18%  rose 40 points, or 0.2% to 26,310, … Read more

The Wall Street Journal: U.K.’s May, Trump to meet at Davos amid strained relations after canceled London visit

U.K. Prime Minister Theresa May is set to meet President Donald Trump at the World Economic Forum on Thursday for a discussion clouded by public strain between their two countries. The meeting in Davos, Switzerland, their first since Trump abruptly called off a planned trip to London earlier this month, puts the British leader in a tight … Read more