ALEX VEIGA

AP Business Writer
A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Dec. 12, 2024, in New York. (AP Photo/Julia Demaree Nikhinson, File)
Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%.
 
FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
Stock market today: Wall Street slips in final days of a banner year for US stocks
Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note. The S&P 500 closed 1.1% lower Monday.
 
FIL:E - People photograph the New York Stock Exchange in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)
Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause
Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains.
 
Lights marking the entrance to a subway station frame the New York Stock Exchange in New York's Financial District on Monday, Dec. 23, 2024. (AP Photo/Peter Morgan)
Stock market today: Wall Street rallies ahead of Christmas
Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday.
 
Signs mark the intersection of Wall and South Streets in New York's Financial District on Nov. 26, 2024. (AP Photo/Peter Morgan, File)
Stock market today: Wall Street rises at the start of a holiday-shortened week
Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom.
 
Options to use the Zelle payments network are seen on a Chase mobile banking app in New York on Friday, Dec. 20, 2024. (AP Photo/Patrick Sison)
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
A federal regulator has sued JPMorgan Chase, Wells Fargo and Bank of America. The Consumer Financial Protection Bureau says the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws.
 
A for sale sign stands outside a residence in Wheeling, Ill., Monday, Dec. 16, 2024. (AP Photo/Nam Y. Huh)
Average rate on 30-year mortgage snaps 3-week slide and rises to highest level since late November
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans.
 
A sign announcing a home for sale is posted outside a home, Feb. 1, 2024, in Kennesaw, Ga. (AP Photo/Mike Stewart, File)
US home sales hit fastest pace since March with more properties up for sale
Sales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher.
 
Economists’ 2025 housing market forecasts largely call for mortgage rates to stay above 6% next year
Home shoppers hoping for more attractive mortgage rates next year may be disappointed. That’s the takeaway from several economists’ 2025 housing forecasts.
 
Signs mark the intersection of Wall Street and Broadway in New York's Financial District on Wednesday Dec.11, 2024. (AP Photo/Peter Morgan)
Stock market today: Wall Street ends mixed after a bumpy week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago. It lost ground for the week following three weeks of gains.
 
Construction workers frame a new single-family home Friday, Dec. 6, 2024, in Owensboro, Ky. (AP Photo/Charlie Riedel)
Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline
The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row. That’s a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market.
 
A for sale sign stands outside a residence in Chicago, Ill., Monday, Nov. 25, 2024. (AP Photo/Nam Y. Huh)
Average rate on a 30-year mortgage in the US falls to 6.69%
The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October. Mortgage buyer Freddie Mac said Thursday that the rate dropped to 6.69% from 6.81% last week.
 
Paul Atkins, a former SEC Commissioner and current CEO of Patomak Partners, arrives at Trump Tower, Nov. 28, 2016, in New York. (AP Photo/ Evan Vucci, File)
Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Atkins is the CEO of Patomak Partners and a former SEC commissioner.
 
FILE - A sign announces the sale of a new home, Jan. 16, 2024, in Kennesaw, Ga. (AP Photo/Mike Stewart, File)
Average rate on a 30-year mortgage in the US slips to 6.81%
The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly rising in recent weeks. The rate slipped to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday.
 
A sign marking the intersection of Wall Street and South Street is shown in New York's Financial District on Tuesday, Nov. 26 2024. (AP Photo/Peter Morgan)
Stock market today: Losses for Big Tech pull US indexes lower
Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%.
 
FILE - A for sale sign is posted in front of a home in Sacramento, Calif., March 3, 2022. (AP Photo/Rich Pedroncelli, File)
Federal agency raises the size of most single-family loans the government can guarantee to $806,500
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices.
 
FILE - A home for sale in Sudbury, Mass., is shown on Sept. 22, 2024. (AP Photo/Peter Morgan, File)
Rental home investors poised to benefit as mortgage rates, high home prices sideline buyers in 2025
Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say.
 
FILE - The New York Stock Exchange is shown on Wednesday, Nov. 20, 2024, in New York. (AP Photo/Peter Morgan, File)
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. The S&P 500 rose 0.3% Friday. The Dow added 1%, and the Nasdaq composite tacked on 0.2%.
 
FILE - A for sale sign hangs outside a home in the Brooklyn borough of New York on Nov. 13, 2024. (AP Photo/Peter Morgan, File)
Average rate on a 30-year mortgage in the US rises to highest level since July
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July. Mortgage buyer Freddie Mac said Thursday that the rate rose to 6.84% from 6.78% last week.
 
FILE - A housing development in Cranberry Township, Pa., is shown on March 29, 2024. (AP Photo/Gene J. Puskar, File)
US home sales rose in October, notching their first annual gain in more than 3 years
Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market.
 
FILE - A housing development in Cranberry Township, Pa., is shown on March 29, 2024. (AP Photo/Gene J. Puskar, File)
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday.
 
FILE - A sale sign stands outside a home on the market Thursday, Oct. 17, 2024, in the east Washington Park neighborhood of Denver. (AP Photo/David Zalubowski, File)
Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House.
 
FILE - A for sale sign hangs in front of a home in the Park Slope neighborhood in the borough of Brooklyn in New York on Oct. 10, 2024. (AP Photo/Peter Morgan, File)
Average rate on a 30-year mortgage in the US rises for 6th straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. Mortgage buyer Freddie Mac said Thursday that the rate ticked up to 6.79% from 6.72% last week.
 
Traders work on the floor of the New York Stock Exchange, Tuesday, Nov. 5, 2024. (AP Photo/Richard Drew)
Stock market today: Wall Street rallies on Election Day as economy remains solid
U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up to show the economy remains solid. The S&P 500 rose 1.2% Tuesday and moved closer to its record set last month.
 
For sale and sold signs are seen in storage at a real estate office on Tuesday, Oct. 15, 2024, in Portland, Ore. (AP Photo/Jenny Kane)
Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August. The rate rose to 6.72% from 6.54% last week, mortgage buyer Freddie Mac said Thursday.
 
Summer pullback in mortgage rates helped pave way for lower down payments for many homebuyers
Homebuyers opted to make smaller down payments this summer as declining mortgage rates helped boost their purchasing power, though home shoppers’ upfront costs remain near their peak.
 
FILE - Commuters leave a Wall St. subway station in New York's Financial District on Oct. 23, 2024. (AP Photo/Peter Morgan, File)
Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak
Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak. The S&P 500 ended little changed Friday.
 
A sale sign stands outside a home on Thursday, Oct. 17, 2024, in the east Washington Park neighborhood of Denver. (AP Photo/David Zalubowski)
Average rate on a 30-year mortgage in the US rises again to highest level in nearly 3 months
The rate rose to 6.54% from 6.44% last week, mortgage buyer Freddie Mac said Thursday.
 
A sale sign stands outside a home on the market Thursday, Oct. 17, 2024, in the east Washington Park neighborhood of Denver. (AP Photo/David Zalubowski)
US home sales slowed again in September, falling to weakest annual pace in nearly 14 years
Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb.
 
Republican presidential nominee former President Donald Trump participates in a roundtable with Latino leaders Tuesday, Oct. 22, 2024, in Doral, Fla. (AP Photo/Lynne Sladky)
Housing on the ballot: Harris, Trump push different plans for tackling housing affordability crisis
Millions of Americans can’t afford to buy a home or rent a suitable apartment, making housing a central issue for voters in the upcoming presidential election. The Harris and Trump campaigns have laid out plans aimed at boosting home construction.
 
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