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Market Check

Mortgage rates rise to 1-year high

The average rate on a 30-year fixed mortgage rose this week to 6.66%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.58%.

Stuart Varney breaks down the Monday morning market rally

Stuart Varney kicks off Monday's market report, noting falling oil prices and interest rates leading to a stock market rally. He covers Big Tech's AI spending ahead of earnings, stable Treasury yields, and national average gas and diesel prices.