Today: 1 May 2026
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NYSE:NVR 27 January 2026

Mortgage rates today near 6% as Fed meeting kicks off; housing stocks mixed

Mortgage rates today near 6% as Fed meeting kicks off; housing stocks mixed

U.S. 30-year mortgage rates hovered near 6.1% early Tuesday, with Bankrate showing an average of 6.20% and Mortgage News Daily at 6.17%. The 10-year Treasury yield closed at 4.22%. Homebuilder shares slipped, with Lennar down 1.1% and the iShares U.S. Home Construction ETF off 0.6%. Investors await the Federal Reserve’s policy meeting for signals on future borrowing costs.

Stock Market Today

  • Coffee Prices Decline on Prospects of Record Brazilian Crop
    May 1, 2026, 2:12 PM EDT. Coffee prices edged lower, with July arabica down 0.35% and ICE robusta off 0.36%, pressured by forecasts of a record Brazilian coffee harvest in 2026/27. The Coffee Trading Academy projects a 12% rise to 71.4 million bags, supported by Marex Group and StoneX estimates exceeding 75 million bags. This surge, combined with a 14% rise in Vietnam's coffee exports, signals a global surplus increase to 10 million bags, the largest in six years. However, tight current supplies, including a 2-month low in ICE arabica inventory and potential supply risks from a prolonged US-Iran conflict threatening the Strait of Hormuz, are providing some price support. Brazilian March exports declined sharply, while ICE robusta stocks also hit a 16-month low, balancing the bullish and bearish forces.

Latest article

Wolfspeed Stock Jumps as 5% Stake and New Executives Put Turnaround in Focus

1 May 2026
DURHAM, N.C., May 1, 2026, 14:00 EDT Wolfspeed Inc. shares jumped in Friday afternoon trading, as a fresh securities filing showed a Susquehanna- and Capital Ventures-linked group reporting a 5.0% beneficial stake in the silicon carbide chipmaker. The stock was trading at $37.14, up $7.61, with more than 5.3 million shares changing hands. (SEC) The timing matters. Wolfspeed is less than a week from its fiscal third-quarter earnings call, set for May 5, and investors are still testing the company’s recovery after it exited Chapter 11 bankruptcy last September. (Wolfspeed Investor Relations) Wolfspeed makes silicon carbide chips, a more energy-efficient
Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

Esperion Stock Surges On ARCHIMED’s $1.1 Billion Buyout — What Shareholders Get Next

1 May 2026
ARCHIMED will acquire Esperion Therapeutics for $3.16 per share in cash plus a contingent value right tied to future sales, valuing the deal at up to $1.1 billion. Esperion shares surged 56% to near the cash offer after the announcement. The CVR could pay up to $100 million if sales targets are met. The deal follows Esperion’s recent expansion beyond cholesterol drugs.
Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

Dow Jones Today: Why the Blue-Chip Rally Stalled as Apple, S&P 500 and Nasdaq Pushed Higher

1 May 2026
The Dow Jones Industrial Average fell 78.72 points to 49,573.42 by midday Friday, reversing an early rally as tariff concerns weighed on gains from Apple and other strong earnings reports. President Donald Trump announced a 25% tariff on EU-made cars and trucks starting next week. Apple reported quarterly revenue of $111.2 billion, up 17% year over year. Oil prices dropped after Iran sent a new negotiation proposal.
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