Reported 8 months ago
The Biden administration announced new affordable housing initiatives, including a $100 million fund and expanded Federal Financing Bank support to address the impact of high mortgage rates on the housing market. US Treasury Secretary Janet Yellen will have an exclusive interview with Yahoo Finance to discuss these efforts. On Wall Street, major indexes are mixed, with Nvidia trading over 6% lower. Trending tickers on Yahoo Finance include Alnylam Pharmaceuticals, Affirm Holdings, and AT&T.
Source: YAHOO