Khadija Saeed

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Mortgage rates today tick lower as U.S. markets shut; homebuilder stock prices in focus ahead of Fed minutes

Mortgage rates today tick lower as U.S. markets shut; homebuilder stock prices in focus ahead of Fed minutes

U.S. mortgage rates edged lower on Monday, with Bankrate’s national survey putting the average 30-year fixed rate at 6.13%, down 10 basis points from a week earlier; the 15-year fixed was 5.51% and the average 30-year refinance rate was 6.50%. Mortgage Bankers Association President Bob Broeksmit said applications were “essentially flat” last week, with borrowers leaning more on FHA loans — a government-backed option — and adjustable-rate mortgages, which reset after an initial period. U.S. stock markets were closed for the Presidents Day holiday, with trading set to resume on Tuesday.
UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

The FTSE 100 in London inched up 0.3% to 10,473.69 after a subdued Monday, lifted mainly by banks and defence stocks as U.S. markets were closed for the holiday. NatWest surged 4.8% to 607.80p. Melrose added 3.9%, Babcock climbed 3.5%, and BAE Systems was up 3.0%. The FTSE 250 mid-caps didn’t fare as well, down 0.2%. Pinewood Technologies tumbled 33%, weighing on the index.
Gold price dips below $5,000 in holiday-thin trade as dollar firms; Fed minutes next

Gold price dips below $5,000 in holiday-thin trade as dollar firms; Fed minutes next

Gold took a more than 1% hit on Monday, with spot prices tumbling below $5,000 an ounce as the U.S. dollar strengthened and thin holiday volumes set the tone. Spot bullion dropped 1.3% to $4,976.37 per ounce as of 1619 GMT. U.S. Comex gold futures for April delivery also softened, down 1% at $4,996.60. “Gold is range-trading around $5,000/oz in a week with lower liquidity due to holidays,” said UBS analyst Giovanni Staunovo. MarketPulse's Zain Vawda at OANDA clipped his medium-term target, now looking for $5,100–$5,200 instead of $5,500.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap

NYSE: AER 95 / 100
#2 BUY

Constellation Energy

NASDAQ: CEG 94 / 100
#3 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 92 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

AIG

NYSE: AIG 88 / 100
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Editorial model selection. Not personalised advice.