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NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid mixed trading. The S&P 500 rose 0.2% Monday after closing November at an all-time high. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared after saying an investigation found no evidence of misconduct by its management or the company’s board. Retailers were mixed coming off Black Friday and heading into what’s expected to be the best Cyber Monday on record. Treasury yields held relatively steady in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — Technology stocks are pulling Wall Street toward another record amid mixed trading on Monday. The S&P 500 rose 0.2% in afternoon trading after closing its best month of the year at an all-time high . The Dow Jones Industrial Average was down 86 points, or 0.2%, with a little more than an hour remaining in trading, while the Nasdaq composite was 0.9% higher. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 31.1% to lead the market. Following accusations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company's board. It also said it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 2.9% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 1.1% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street's frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 3.7% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.6%. Walmart , which gave a more optimistic forecast, rose 0.3%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.3%. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday's headliner report to show U.S. employers accelerated their hiring in November, coming off October's lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.'Most agencies' onboarded in NSW $200m ERP rolloutqbet casino

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month — an unorthodox move that would fold U.S. allies and adversaries into a very American political tradition. Trump said Thursday during an appearance at the New York Stock Exchange , where he was ringing the opening bell to kick off trading for the day, that he’s been “thinking about inviting certain people to the inauguration” without referring to any specific individuals. “And some people said, ‘Wow, that’s a little risky, isn’t it?’” Trump said. “And I said, ‘Maybe it is. We’ll see. We’ll see what happens.’ But we like to take little chances.” His comments came soon after his incoming White House press secretary, Karoline Leavitt, confirmed during a Thursday morning appearance on “Fox & Friends” that Trump had invited Xi and other world leaders to attend his inauguration. No head of state has previously made an official visit to the U.S. for the inauguration, according to State Department historical records. The unprecedented invitations come at a moment when much of the world is bracing for what comes next when Trump and his “America First” worldview return to the White House. The president-elect has vowed to levy massive tariffs against the United States' chief economic competitor, China, as well as neighbors Canada and Mexico unless those countries do more to reduce illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Trump's also pledged to move quickly to end Russia's nearly three-year war in Ukraine and press NATO allies who are spending less than 2% of their GDP on defense to step up or risk the United States not coming to their defense, as required by the transatlantic alliance's treaty, should they come under attack. “We’ve been talking and discussing with President Xi some things, and others, other world leaders, and I think we’re going to do very well all around,” Trump said. “We’ve been abused as a country. We’ve been badly abused from an economic standpoint, I think, and even militarily, you know, we put up all the money, they put up nothing, and then they abuse us on the economy. And we just can’t let that happen.” Xi is likely to see the invitation as too risky to accept, and the gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White House changes hands, experts say. Danny Russel, vice president for international security and diplomacy at the Asia Society Policy Institute, said Xi would not allow himself to “be reduced to the status of a mere guest celebrating the triumph of a foreign leader — the U.S. president, no less.” Still, Leavitt saw it as a plus. “This is an example of President Trump creating an open dialogue with leaders of countries that are not just our allies, but our adversaries and our competitors, too,” she said on "Fox & Friends." “We saw this in his first term. He got a lot of criticism for it, but it led to peace around this world. He is willing to talk to anyone, and he will always put America’s interest first.” Asked at a Chinese Foreign Ministry briefing Thursday about Trump's invitation, spokesperson Mao Ning responded, “I have nothing to share at present.” Leavitt did not detail which leaders beyond Xi have been invited. But Trump's decision to invite Xi, in particular, squares with his belief that foreign policy — much like a business negotiation — should be carried out with carrots and sticks to get the United States' opponents to operate closer to his administration's preferred terms. Jim Bendat, a historian and author of “Democracy’s Big Day: The Inauguration of Our President,” said he was not aware of a previous U.S. inauguration attended by a foreign head of state. “It's not necessarily a bad thing to invite foreign leaders to attend,” Bendat said. “But it sure would make more sense to invite an ally before an adversary.” Edward Frantz, a presidential historian at the University of Indianapolis, said the invitation helps Trump burnish his “dealmaker and savvy businessman” brand. “I could see why he might like the optics," Frantz said. “But from the standpoint of American values, it seems shockingly cavalier." White House officials said it was up to Trump to decide whom he invites to the inauguration. “I would just say, without doubt, it's the single most consequential bilateral relationship that the United States has in the world,” White House national security spokesperson John Kirby said. “It is a relationship both fraught with peril and responsibility.” It's unclear which leaders, if any, might show. A top aide to Hungarian President Viktor Orban, one of Trump's most vocal supporters on the world stage, said Thursday that Orban isn't slated to attend the inauguration. “There is no such plan, at least for the time being," said Gergely Gulyás, Orban's chief of staff. The nationalist Hungarian leader is embraced by Trump but has faced isolation in Europe as he's sought to undermine the European Union's support for Ukraine, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion. Orban recently met with Trump at Mar-a-Lago. Every country's chief of mission to the United States will also be invited, according to a Trump Inaugural Committee official who was not authorized to comment publicly and spoke on condition of anonymity. Such invitations to diplomats stationed in Washington has been customary during past inaugurations. Xi, during a meeting with President Joe Biden last month in Peru, urged the United States not to start a trade war. “Make the wise choice,” Xi cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Canadian Prime Minister Justin Trudeau has also pushed back on Trump's threats, warning that such tariffs would be perilous for the U.S. economy as well. Trudeau earlier this week said Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive” and said he will retaliate if Trump goes ahead with them. Trump responded by calling Canada a state and Trudeau the governor. In addition to the tariff dispute, U.S.-China relations are strained over other issues, including what U.S. officials see as Beijing's indirect support of Russia's war on Ukraine. The Biden administration says China has supported Russia with a surge in sales of dual-use components that help keep its military industrial base afloat. U.S. officials also have expressed frustration with Beijing for not doing more to rein in North Korea's support for the Russian war. China accounts for the vast majority of North Korea’s trade. North Korean leader Kim Jong Un has dispatched thousands of troops to Russia to help repel Ukrainian forces from the Kursk border region. The North Koreans also have provided Russia with artillery and other munitions, according to U.S. and South Korean intelligence officials. Trump’s Jan. 20 inauguration is set to take place a day after the U.S. deadline for ByteDance, the Chinese parent company of social media giant TikTok, to sell the social media app or face a ban in the United States. Associated Press writers Didi Tang in Washington and Balint Domotor in Budapest, Hungary, contributed to this report.WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month — an unorthodox move that would fold U.S. allies and adversaries into a very American political tradition. Trump said Thursday during an appearance at the New York Stock Exchange , where he was ringing the opening bell to kick off trading for the day, that he’s been “thinking about inviting certain people to the inauguration” without referring to any specific individuals. “And some people said, ‘Wow, that’s a little risky, isn’t it?’” Trump said. “And I said, ‘Maybe it is. We’ll see. We’ll see what happens.’ But we like to take little chances.” His comments came soon after his incoming White House press secretary, Karoline Leavitt, confirmed during a Thursday morning appearance on “Fox & Friends” that Trump had invited Xi and other world leaders to attend his inauguration. No head of state has previously made an official visit to the U.S. for the inauguration, according to State Department historical records. The unprecedented invitations come at a moment when much of the world is bracing for what comes next when Trump and his “America First” worldview return to the White House. The president-elect has vowed to levy massive tariffs against the United States' chief economic competitor, China, as well as neighbors Canada and Mexico unless those countries do more to reduce illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Trump's also pledged to move quickly to end Russia's nearly three-year war in Ukraine and press NATO allies who are spending less than 2% of their GDP on defense to step up or risk the United States not coming to their defense, as required by the transatlantic alliance's treaty, should they come under attack. “We’ve been talking and discussing with President Xi some things, and others, other world leaders, and I think we’re going to do very well all around,” Trump said. “We’ve been abused as a country. We’ve been badly abused from an economic standpoint, I think, and even militarily, you know, we put up all the money, they put up nothing, and then they abuse us on the economy. And we just can’t let that happen.” Xi is likely to see the invitation as too risky to accept, and the gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White House changes hands, experts say. Danny Russel, vice president for international security and diplomacy at the Asia Society Policy Institute, said Xi would not allow himself to “be reduced to the status of a mere guest celebrating the triumph of a foreign leader — the U.S. president, no less.” Still, Leavitt saw it as a plus. “This is an example of President Trump creating an open dialogue with leaders of countries that are not just our allies, but our adversaries and our competitors, too,” she said on "Fox & Friends." “We saw this in his first term. He got a lot of criticism for it, but it led to peace around this world. He is willing to talk to anyone, and he will always put America’s interest first.” Asked at a Chinese Foreign Ministry briefing Thursday about Trump's invitation, spokesperson Mao Ning responded, “I have nothing to share at present.” Leavitt did not detail which leaders beyond Xi have been invited. But Trump's decision to invite Xi, in particular, squares with his belief that foreign policy — much like a business negotiation — should be carried out with carrots and sticks to get the United States' opponents to operate closer to his administration's preferred terms. Jim Bendat, a historian and author of “Democracy’s Big Day: The Inauguration of Our President,” said he was not aware of a previous U.S. inauguration attended by a foreign head of state. “It's not necessarily a bad thing to invite foreign leaders to attend,” Bendat said. “But it sure would make more sense to invite an ally before an adversary.” Edward Frantz, a presidential historian at the University of Indianapolis, said the invitation helps Trump burnish his “dealmaker and savvy businessman” brand. “I could see why he might like the optics," Frantz said. “But from the standpoint of American values, it seems shockingly cavalier." White House officials said it was up to Trump to decide whom he invites to the inauguration. “I would just say, without doubt, it's the single most consequential bilateral relationship that the United States has in the world,” White House national security spokesperson John Kirby said. “It is a relationship both fraught with peril and responsibility.” It's unclear which leaders, if any, might show. A top aide to Hungarian President Viktor Orban, one of Trump's most vocal supporters on the world stage, said Thursday that Orban isn't slated to attend the inauguration. “There is no such plan, at least for the time being," said Gergely Gulyás, Orban's chief of staff. The nationalist Hungarian leader is embraced by Trump but has faced isolation in Europe as he's sought to undermine the European Union's support for Ukraine, and routinely blocked, delayed or watered down the bloc’s efforts to provide weapons and funding and to sanction Moscow for its invasion. Orban recently met with Trump at Mar-a-Lago. Every country's chief of mission to the United States will also be invited, according to a Trump Inaugural Committee official who was not authorized to comment publicly and spoke on condition of anonymity. Such invitations to diplomats stationed in Washington has been customary during past inaugurations. Xi, during a meeting with President Joe Biden last month in Peru, urged the United States not to start a trade war. “Make the wise choice,” Xi cautioned. “Keep exploring the right way for two major countries to get along well with each other.” Canadian Prime Minister Justin Trudeau has also pushed back on Trump's threats, warning that such tariffs would be perilous for the U.S. economy as well. Trudeau earlier this week said Americans “are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive” and said he will retaliate if Trump goes ahead with them. Trump responded by calling Canada a state and Trudeau the governor. In addition to the tariff dispute, U.S.-China relations are strained over other issues, including what U.S. officials see as Beijing's indirect support of Russia's war on Ukraine. The Biden administration says China has supported Russia with a surge in sales of dual-use components that help keep its military industrial base afloat. U.S. officials also have expressed frustration with Beijing for not doing more to rein in North Korea's support for the Russian war. China accounts for the vast majority of North Korea’s trade. North Korean leader Kim Jong Un has dispatched thousands of troops to Russia to help repel Ukrainian forces from the Kursk border region. The North Koreans also have provided Russia with artillery and other munitions, according to U.S. and South Korean intelligence officials. Trump’s Jan. 20 inauguration is set to take place a day after the U.S. deadline for ByteDance, the Chinese parent company of social media giant TikTok, to sell the social media app or face a ban in the United States. Associated Press writers Didi Tang in Washington and Balint Domotor in Budapest, Hungary, contributed to this report.



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Trump invited China's Xi to his inauguration even as he threatened massive tariffs on BeijingAnge Postecoglou was in no mood for excuses as Tottenham snatched a late 1-1 UEFA Europa League draw at Rangers. Spurs' inconsistency continued on Postecouglou's return to Glasgow as the hosts were the better side for the majority of the tie at Ibrox. Alongside a regular barrage of abuse from the home fans - due to Postecoglou's success with their fierce Old Firm rivals Celtic - it was an uncomfortable night for the 59-year-old back in Scotland. MORE: All the latest Tottenham news | Premier League schedule for 2024/25 | Latest Premier League top scorer rankings Tottenham have won just one of their last eight games across all competitions and they sit in 9th place in the final Europa League rankings of 2024 - just outside the automatic Round of 16 qualification spots. The pressure on Postecoglou is clear and he was visibly rattled in his post-game press conference. Postecoglou has developed a reputation for defending his players, through all criticism. but he pulled no punches in his assessment of Timo Werner's performance. The Germany international was replaced by Dejan Kulusevski at half-time - with the Swede netting Spurs' equaliser late on - and Postecoglou was ruthless in his remarks at full-time. "He wasn’t playing anywhere near the level he should be. When you’ve got 18-year-olds here, that’s not acceptable to me. I said that to Timo. He’s a senior German international. In the moment we’re in right now, we’ve not got many options," he said. "I need everyone to at least be going out there trying to give their best. His performance in the first half wasn’t acceptable. "I don’t know [how he took it]. It’s not really of great concern. We need everybody. including him. to contribute. because we don’t have the depth to leave people out if they perform poorly. We need them to play their part, especially the senior guys. When I’m asking younger guys to do massive jobs. I expect a performance level from the senior guys, and today wasn’t that." Up next for Tottenham is a weekend Premier League trip to rock-bottom Southampton on December 15 followed by an EFL Cup home tie with Manchester United four days later.University of Texas System’s free tuition plan sparks resistance from some state lawmakers

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