The U.S. housing market has strong supply — but that's not necessarily a good sign.>Sign up for NBC San Diego's News Headlines newsletter.gained 1%. Still, it's not looking good for the traditional"Santa Claus rally" — in which stocks usually advance in the five final days of a calendar year and the first two trading days of January — since the averages suffered into the 2024 year-end.
There's a lot of inventory, but it doesn't feel like enough."is facing stiff competition from Huawei in China. Shipments of Apple smartphones fell 6% year over year in China during the third quarter, according to Canalys, while shipments of Huawei devices jumped 24% year over year. In response, Apple isin the all-important market around the upcoming Chinese New Year — as much as 500 Chinese yuan off its top-line phones.
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