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In the United States, the federal funds rate refers to the interest rate that depository institutions (such as banks and credit unions  Its 2.6-year average duration (a measure of interest-rate sensitivity) implies that the fund's price would fall by 2.6% if rates were to rise by one percentage point. Short- and mid-term ARMs, such as the 5/1 ARM shown above, are also affected by trends in short-term interest rates. As a lenders' cost of obtaining funds to 

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Today's top stocks, including top gaining stocks, top volume active stocks, top percent gainers and top percent losers for the NYSE, Nasdaq and AMEX.

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