Stocks ended relatively flat on Wall Street Monday but corporate deal stories and technology stocks were bright spots. Apple rose after the blog AllThingsD said the company would release the latest version of its iPhone on Sept. 10.
Stocks wandered between the tiniest of gains and losses before closing mixed Tuesday. The calendar said late July, but on Wall Street it seemed more like August, when many traders take off for vacation and fewer stocks trade hands.
US mortgage rates, still historically low, are sustaining progress in the housing market and giving the US economy a needed boost. But when rates rise – or Fed policy shifts – home prices can take a hit.