6/13/16

June 13th, 2016

Mon, Jun 13 9:47 AM - Stocks open lower. Dow -36 points, off worst levels.
Mon, Jun 13 9:00 AM - Microsoft agrees to acquire LinkedIn in an all cash deal deal worth $26.2B or $196 per share.
Mon, Jun 13 8:32 AM - U.S. dollar index 94.55, near unchanged.
Mon, Jun 13 8:31 AM - WTI oil $48.44/barrel, -$0.62.
Mon, Jun 13 8:29 AM -  10-yr T Note yield 1.63%.
Mon, Jun 13 8:28 AM - There are no economic reports due for release today.
Mon, Jun 13 8:26 AM -The 2-day Fed meeting kicks off on Tuesday and ends on Wednesday with the monetary policy statement being released at 2:00 p.m. ET. At 2:30, Fed Chair Yellen will hold a news conference.
Mon, Jun 13 8:24 AM - S&P futures lower as investors shed some risky assets ahead of the Fed meeting and on concerns of the Brexit.
Mon, Jun 13 8:15 AM - MBS open near unchanged in a week that features a heavy economic calendar and the 2-day Fed meeting.
Mon, Jun 13 8:05 AM - Our thoughts and prayers go out to those families whose loved ones perished in the worst mass shooting in U.S. history over the weekend which left 50 dead and 53 wounded.

Contact

John Marbury
jmarbury@nationalbankofcommerce.com
NMLS# 740833
Phone:205-266-5669
Fax: 866-217-4174

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As a loan officer (mortgage broker 1989-2006) since 1985, I have seen a lot of changes over the years. The only consistency in the mortgage business and life is change. This is the reason that we believe it is necessary to move quickly and to be early. Let us know if you have any questions or if we can help in any way.

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