Finance money oil price weakness has redirected

Oil price weakness has redirected finance money toward airline and transport stocks, lifting Dow Transports index 1.8% today. Forecast algorithms point to continued sector strength until crude stabilizes above $80 per barrel. A 15-year mortgage comes with a lower interest rate than a 30-year term. This is great in the long run because you’ll pay off your loan 15 years sooner, and that’s 15 fewer years for interest to accumulate. But the trade-off is that your monthly payment will be higher as you pay off the same amount in half the time. Even so, some of the top accounts are currently offering rates of 4% APY and up. Since these rates may not be around much longer, consider opening a money market account now to take advantage of today’s high rates. European equity indices edged higher, supported by finance money inflows into banking stocks after ECB signaled pause in rate hikes. Forecast models show potential 4–6% upside in Euro STOXX 50 over the next quarter if credit growth rebounds.