AP/FILE Have it your way to start the day.

Stocks ended mostly lower after some companies disappointed investors with their quarterly results. Indexes gave up early gains.

The S&P 500 fell 2.58 to 1,875.63. 2 to 1,875 Thursday, with energy and utility stocks falling the most. The Dow Jones industrial average edged up 32.43 to 16,550.97. The Nasdaq composite lost 16.18 to 4,051.50.

Snapchat has agreed to settle with the Federal Trade Commission over charges that it deceived customers about the disappearing nature of messages sent through its service and that it collected users' contacts without telling them or asking permission.

Snapchat is a popular mobile messaging app that lets people send photos, videos and messages that disappear in a few seconds. The FTC said Snapchat misled users about its data collection methods and failed to tell users that others could save their messages without their knowledge. Snapchat said it has addressed many of the issues.

Consumers increased their borrowing in March by the largest amount in more than a year, using credit cards and taking out more auto and student loans.

Consumer borrowing increased $17.5 billion in March, up from a gain of $13 billion in February, the Federal Reserve said. It was the biggest monthly increase since February 2013.

Gains in borrowing are seen as an encouraging sign that people are more confident and willing to take on debt.

Burger King has some new additions to its breakfast menu - its flame-broiled burgers. The chain says its "Burgers at Breakfast" includes Whoppers, Cheeseburgers and Big King sandwiches, as well as its chicken sandwich, french fries and apple pie, in addition to the normal breakfast menu.

More than 5,000 locations will participate in the program.

Fannie Mae posted net income of $5.3 billion from January through March, its ninth straight profitable quarter, as the housing market continued to heal.

Fannie also said Thursday it will pay a dividend of $5.7 billion to the Treasury next month. Fannie has more than fully repaid the $116 billion it received from taxpayers.

Wendy's reported a sharply higher profit for its first quarter Thursday as the burger chain saw lower costs and improved sales.

The results beat Wall Street estimates. Sales at established company-owned restaurants climbed 1.3 percent as a result of product promotions and improved traffic at remodeled locations, Wendy's said.

Toyota's fourth quarter profit dropped slightly despite higher vehicle sales and a weak yen as it spent more on research and development. Toyota Motor Corp. reported Thursday a January-March profit of $2.9 billion.

Average U.S. rates on fixed mortgages this week fell for a second straight week as the spring home-buying season has gotten off to a slow start.

Mortgage buyer Freddie Mac says the average rate for the 30-year loan declined to 4.21 percent from 4.29 percent last week. The average for the 15-year mortgage eased to 3.32 percent from 3.38 percent.

Wire reports