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Mortgage Rates Rise, Gas Soars, Claims Drop, Stocks Rally

5/25/2026

48 10 Full Breakdown

Summary

Story summary

Mortgage rates rose to a 6.51% 30-year fixed rate.
Gasoline prices climbed to about $4.55 per gallon, 45% above a year ago.
Unemployment benefit applications fell 3,000 to 209,000 for the week ending May 16, below forecasts.
U.S. stocks closed higher, marking an eighth straight winning week, the longest streak since 2023.
Workday and Zoom shares rose after each posted quarterly profits that beat expectations.

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Story summary

Mortgage rates rose to a 6.51% 30-year fixed rate.
Gasoline prices climbed to about $4.55 per gallon, 45% above a year ago.
Unemployment benefit applications fell 3,000 to 209,000 for the week ending May 16, below forecasts.
U.S. stocks closed higher, marking an eighth straight winning week, the longest streak since 2023.
Workday and Zoom shares rose after each posted quarterly profits that beat expectations.