The Petersburg Post

Wednesday, Apr 8th, 2026 - NEW YORK (AP) — Stock markets are surging worldwide, and oil prices are plunging back toward $90 per barrel after President Donald Trump pulled back from his threat to force a "whole civilization" to die in the war with Iran. The S&P 500 leaped 2.7% after Trump, Iran and Israel agreed to a two-week ceasefire, just hours before a deadline Trump had set for Iran to open the Strait of Hormuz and allow oil to ...

Wednesday, Apr 8th, 2026 - Data tracking home purchase and refinance applications showed decreases in both indexes again this week in the wake of ongoing economic uncertainty and steadily rising mortgage rates.  According to the latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and includes purchases and refinances—decreased 0.8% on a seasonally adjusted ...