Modest gain breaks a 3-day losing streak for S&P 500

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Major U.S. stock indexes closed mostly higher Thursday, snapping a three-day losing streak for the Standard & Poor's 500 despite another choppy day of trading.

A foreclosure auction of a lavish L.A. mansion is delayed as a billionaire lender is accused of trying to leave other debt holders out in the cold.

“You’re starting to get a framework of how they’re going to go about it, and the market is really just desperate for some clarity,” he said. “At least we’re starting to see the game plan.”

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