CNBC Business News Update - Markets Midday: Stocks Rise On Possible End Of Government Shutdown, Air Travel Delays Continue, President Trump Floats Idea Of 50-Year Mortgage 11/10/2025

Episode Date: November 10, 2025

The latest in business, financial, and market news and how it impacts your money, reported by CNBC's Peter Schacknow Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Peter Shack now, CNBC. Stocks are mostly higher as lawmakers move toward ending the longest government shutdown in history, although that may take a few days. The Dow is up by 15 points at 47,001. The S&P 500 is 7 tenths of a percent higher or 48 points, and the NASDAQ rebounding 309 points or 1.3%. The NASDAQ had taken its biggest weekly tumble in seven months last week. An end to the shutdown would not result in an immediate end-to-air traffic delays. Brian Kelly, founder of the Point Sky website, has this advice if you do plan to fly. If you have to travel, just be proactive.

You know, there's a great app called Flighty, and Flighty actually pulls in air traffic control data. Often, they'll alert you before the airline does. The airline email systems are overwhelmed. Your flight may be canceled, but don't assume the airline's going to even notify you, let alone rebook you. A radical change could be coming to the mortgage market. In an attempt to make home buying more affordable, President Trump floated the idea of a 50-year mortgage in social media post. In response, FHFA director Bill Pulte, who oversees Fannie Mae and Freddie Mac, posted that they are, quote, working on it and that it would be, quote, a complete game changer. Now, the purpose of a longer-term mortgage would be to lower the monthly payment for homeowners.

The longer the term of the loan, the smaller the principal needed each month to pay it off in full. That's CNBC's Diana Oleg who points out that a 50-year mortgage would all. also result in a much slower build-up of equity for home buyers. Shares of Tyson foods are up nearly 2% today. After a better-than-expected revenue forecast, weakness in Tyson's beef business is being more than offset by strong demand for chicken products. Peter Shack now, CNBC.

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