5:31AM: Consumers cut credit card debt by 11% last year, with average debt dropping in every state.  More

CREDIT CARD DEBT DROPS
 
Markets
Stocks
Dow 12,563.09 +141.03 +1.14%
Nasdaq 2,739.29 +28.62 +1.06%
S&P; 500 1,301.99 +12.90 +1.00%
Bonds & Currencies
10 Year Yield 1.88% +0.03 --
1 Euro $1.2723 -0.0040 -0.51%
Commodities
Oil $100.31 +1.61 +1.63%
Gold $1,658.40 +27.60 +1.69%
JAN 17 9:54:39am ET

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World markets leap ahead
 
Gas prices may get close to $5 in some spots
 
Credit card debt drops 11%
 
Stocks to get boost from China report
 
Congress cuts staff, computers and staplers
 
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.88%3.90%
15 yr fixed3.22%3.23%
5/1 ARM2.86%2.88%
30 yr refi3.94%3.96%
15 yr refi3.31%3.33%
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