11:44 AM EST, 12/31/2024 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 were basically flat, while the Nasdaq Composite was down in late-morning trading on the final day of the year.

Sangamo Therapeutics ( SGMO ) said late Monday it will regain full development and commercialization rights for its prospective hemophilia A gene therapy after Pfizer ( PFE ) opted to terminate its collaboration and licensing agreement with the company. The partnership between Sangamo and Pfizer ( PFE ) will formally end in April 21, 2025, Sangamo said. Shares of Sangamo were down 53.8%, while those of Pfizer ( PFE ) were up 0.2%.

Dave ( DAVE ) denied allegations by the Justice Department that it misled customers with advertisements of cash advances, calling the complaint a case of "government overreach." The Justice Department said Monday it filed a complaint against Dave ( DAVE ) and Chief Executive Jason Wilk alleging that the company lured customers to its personal finance app by promising cash advances of up to $500 that many did not receive. Dave ( DAVE ) shares were down 7.7%.

The Federal Housing Finance Agency's measure of home prices rose by 0.4% in October, matching expectations of a survey compiled by Bloomberg as of 7:35 a.m. ET. Prices were up 4.5% from a year earlier in October.

Price: 1.08, Change: -1.26, Percent Change: -53.76