News

The MBA Mortgage Purchase Index in the United States for the week ended July 24 was 159.8, from the previous value of 165.8.

In the United States, the MBA 30-year fixed mortgage rate for the week ending July 24 was 6.76%, compared with the previous value of 6.69%.

The MBA Mortgage Refinancing Activity Index in the United States for the week ending July 24 was 723.1, compared with the previous value of 802.3.

The MBA mortgage application activity index in the United States for the week ending July 24 was 247.2, compared with the previous value of 264.

According to Iranian state television: An official said that a US missile hit the city of Piranshah in northwestern Iran. There were no casualties yet.

According to CBS: US President Trump will announce details of the renovation of Dulles Airport.

Ukrainian President Zelensky had a phone call with French President Macron and informed him of the talks in the United States.

BMO raises PT on Visa (V.N) to $405 from $387.

Bank of Montreal: Raises target price for Visa (V.N) from $387 to $405.

Market News: The United States will make separate minority investments in each company to provide funding.

Market sources say that Kepler, Multibeam, and Extropic are among the companies that have signed letters of intent.

The United States announced that semiconductor wafer foundry company GlobalFoundries will receive up to US$300 million in funding.

The United States announced a letter of intent for investment in semiconductor R&D totaling US$874 million.

Sberbank of Russia: A loan restructuring plan has been developed for sellers on the Wildberries platform.

Sberbank of Russia: The attack on Wildberries has caused losses and the credit quality of e-commerce platforms has deteriorated.

Citigroup lowered its price target for Disney (DIS.N) to $135 from $145.

Citi: Increased Visa (V.N) price target to $440 from $400.

Ford Motor Co (F.N) currently expects to receive about $500 million in refunds related to the International Emergency Economic Powers Act in the second half of 2026, the filing shows.

According to Saudi media outlet Alhadath, citing Israeli military sources, the U.S. Central Command is dissatisfied with Israeli Defense Minister Katz because Katz previously revealed that U.S. fighter jets took off from Israeli airports to carry out combat operations to bomb Iran. Israel's chief of staff apologized to the Central Command commander for Katz's comments.

UK Competition and Markets Authority (CMA): Investigation will examine whether customers were misled about Microsoft 365 subscription options and paid more as a result.