This story is developing. Please check back for further updates.
Click here for the latest on the markets.
Rates are not driving home sales. That's what the correlation between rate moves and mortgage applications to buy a home suggests.
Richmond Fed President Jeffrey Lacker said he expects economic growth to continue at a moderate pace, with inflation pressures remaining well-behaved.
The JOLTS report for May was little changed from April at 4.6 million, the Bureau of Labor Statistics said.
A study shows the states that raised their minimum wages this year had more job growth than those that didn't. USA Today reports.
Get the best of CNBC in your inbox