Market News - News of Austin

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World Markets Mixed as S&P 500 Reaches Record High on Strong US Growth Data

Aiden V. Crossfield December 24, 2025

World shares were mixed on Wednesday after the benchmark S&P 500 closed at another record high, buoyed by a report that the U.S. economy grew at an...

Trader celebrates a soaring stock ticker on his screen with festive holiday lights and golden glow on a bustling trading floo

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Wall Street Rises on Tech, Banking Gains Ahead of Quiet Holiday Week

Morgan J. Carter December 23, 2025

Wall Street opened higher on Monday, with the S&P 500 climbing 0.6% to 6,878.49 as technology firms and banks lifted the market into a calm holiday...

Bustling traders monitor glowing screens with rising Tokyo Stock Exchange prices and cherry blossom accents

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Asian Markets Rise as U.S. Tech Gains Drive Global Sentiment

Hannah E. Clearwater December 23, 2025

Asian stocks edged higher on Tuesday, buoyed by a surge in U.S. technology shares that lifted global markets into a modest winning...

Austin home with front door ajar and dusk light, with mixed style homes on tree‑lined street, MLS data on sign.

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Austin Metro Home Prices Dip 1.1% as Listings and Inventory Steady Amid Fed Rate Cuts

Hannah E. Clearwater December 23, 2025

The Austin metro housing market shows a modest decline in home prices, with the median sale price falling 1.1% year‑over‑year to $430,000 as of...

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Oil Prices Drop to Lowest Since 2021 as WTI Slips to $55 a Barrel

Isaac Y. Thornwell December 23, 2025

Oil prices on Tuesday fell to their lowest level since early 2021, with U.S. benchmark West Texas Intermediate trading at about $55 per...

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AI Stock Slumps Drag Wall Street Into Fourth Straight Loss

Morgan J. Carter December 23, 2025

More drops in artificial‑intelligence shares pulled the U.S. market lower on Wednesday, marking the fourth straight day of decline for...

Suburban street displays manicured lawns with a mid-century home and bright red front door under a clear blue sky.

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U.S. Mortgage Rates Edge Lower, Refinancing Hits High

Aiden V. Crossfield December 22, 2025

The average rate on a 30‑year U.S. mortgage edged lower this week, staying close to its low for the year. Freddie Mac reported the rate fell to 6.21%...

Diverse team brainstorming around table with laptops and papers with light from windows over cannabis grow facility.

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Trump Executive Order Aims to Reclassify Cannabis, Sending Stocks into Mixed Reactions

Brianna Q. Lockwood December 22, 2025

President Donald Trump's executive order to reclassify cannabis as a Schedule III drug has sparked mixed reactions in the sector, as stock prices...

Investors gather around a glowing screen with the S&P 500 graph on a bustling Wall Street trading floor at dawn

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U.S. Stocks Rebound on Strong Inflation Data and Micron’s Earnings Boost AI Sentiment

Fiona Z. Merriweather December 22, 2025

A week after a quiet trading session, the U.S. stock market jumped on Thursday as investors digested a surprisingly mild inflation report and a...

Real estate agent looking at house with Sold sign and open door into sleek living room

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November Home Sales Slip 1% From Year Ago as Prices Hit Record High

Hannah E. Clearwater December 22, 2025

November's existing home sales slipped 1% from a year ago, even as the median price climbed to a record $409,200. The shift comes after a seasonally...