A regular morning look at the financial stories you need to know to start the day.
-Stock futures are lower after Tuesday’s wild market hector ended with nearly a 600 point gain for the Dow Jones industrial customary. The yield on the 10-year Treasury note is at 2.79 percent.
-Mortgage uses rose by 0.7 percent last week as rates hit four-year highs.
-House Republicans have passed a short-term spending bill. The Senate feels likely to reject it. But there are reports that Senate leaders are wind up to a deal on a two-year budget that would boost defense fritter away and spending on domestic programs the Democrats want. Deficit hawks are restricted to the deal as reported.