Seneca, Mount Vernon battle for spot in state semifinals
Wall Street’s main indexes all closed higher today, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session. Both the Dow Jones Industrial Average and Nasdaq Composite scored four straight sessions of gains, with the S&P 500 taking its winning streak to three sessions, marking the first day of the seasonal Santa Claus rally. The Dow had skidded for 10 straight sessions earlier this month, its longest losing streak since 1974. With megacap stocks having an outsized influence on markets, their performance is often a key driver of indexes. When coupled with reduced trading volumes and few other catalysts, as many investors take time off for the holidays, this is even more pronounced. All the so-called Magnificent Seven megacap technology stocks climbed today, led by the 7.4% jump in Tesla shares. The automaker’s best one-day gain in six weeks helped push the consumer discretionary index 2.6% higher. It was the top gaining sector in the S&P, with all 11 ending in positive territory. Elsewhere, chip manufacturers were also buoyant. Broadcom and Nvidia rose 3.2% and 0.4%, respectively, while Arm Holdings climbed 3.9%, recouping most of the losses suffered the previous day from losing a court case. Growth names rose despite U.S. Treasury interest rates remaining elevated – the benchmark 10-year note yielded around 4.61% today, its highest level since May. Traditionally, higher debt costs crimp growth stocks. However, the long-term themes around technology development, including advancements in artificial intelligence, overshadow any near-term moves in Treasuries, said Charlie Ripley, senior investment strategist for Allianz Investment Management. “This reinforces that view that the sector is going to remain strong, and should be well into the new year,” he said. The S&P 500 climbed 65.97 points, or 1.10%, to 6,040.04 points, while the Nasdaq Composite advanced 266.24 points, or 1.35%, to 20,031.13. The Dow Jones Industrial Average rose 390.08 points, or 0.91%, to 43,297.03. Stock markets shut at 1:00 p.m. ET today and will be closed for Christmas on Wednesday. After a stellar run to record highs following the November U.S. election, which sparked hopes of pro-business policies under President-elect Donald Trump, Wall Street’s rally hit a bump this month as investors grappled with the prospect of higher interest rates in 2025. The Federal Reserve eased borrowing costs for the third time this year last Wednesday, but signaled only two more 25-basis-point reductions next year, down from its September projection of four cuts, as policymakers weigh the possibility of Trump’s policies stoking inflation. Allianz’s Ripley said the themes that had driven the market higher in the past two months remained intact, and actions by the Fed had not killed the rally. “Heading into 2025, things are set up with good positioning,” he said, noting factors including economic outlook, consumption in the U.S. and the labor market. Crypto-related stocks traded higher today, with Microstrategy, Riot Platforms, and MARA Holdings all climbing between 4.7% and 8.1%, as the price of bitcoin advanced. NeueHealth soared 75% after the healthcare provider said New Enterprise Associates, its largest shareholder, and a group of existing investors will take the company private in a $1.3 billion deal. American Airlines’ shares edged up 0.6% after trading lower for much of the session. The carrier briefly grounded all its flights in the United States today due to an unspecified technical issue.Trump’s lawyers rebuff DA’s idea for upholding his hush money conviction, calling it ‘absurd’
ALBANY, N.Y. (AP) — Justin Neely's 16 points off the bench led Albany (NY) to a 77-70 victory against Stony Brook on Sunday. Neely also contributed nine rebounds for the Great Danes (8-7). Amar'e Marshall scored 15 points, going 6 of 9 (3 for 6 from 3-point range). Kacper Klaczek had 10 points and shot 4 for 8 (0 for 3 from 3-point range) and 2 of 3 from the free-throw line. Ben Wight led the way for the Seawolves (4-9) with 19 points and seven rebounds. Joseph Octave added 13 points and five steals for Stony Brook. Jared Frey finished with 13 points. Albany (NY) took the lead with 19:30 left in the first half and did not give it up. Marshall led their team in scoring with 10 points in the first half to help put them ahead 36-31 at the break. Albany (NY) used an 8-0 run in the second half to build a 19-point lead at 55-36 with 14:01 left in the half before finishing off the win. Albany (NY) plays Saturday against UMass-Lowell at home, and Stony Brook visits Monmouth on Thursday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the marketDonald Trump's unexpected reaction to Sean Hannity and Ainsley Earhardt's engagementThough the game was actually pretty competitive for prolonged stretches on Sunday afternoon at U.S. Bank Stadium, the Vikings imposed their will in the final quarter to run away with a 42-21 win over the Atlanta Falcons. ADVERTISEMENT It was a masterful performance from Sam Darnold in a game against the man he replaced. It wasn’t as good of a game for Kirk Cousins as he struggled to make much of an impact against his former team. Here are five takeaways from the Vikings’ 42-21 win over the Falcons: The ascension of Darnold continues There were audible “MVP! MVP! MVP!” chants as the game between the Vikings and Falcons wound to a close. They were for Darnold, who completed 22 of 28 passes for 347 yards and five touchdowns, proving that the Vikings are legitimate Super Bowl contenders with him at the helm. There aren’t many quarterbacks in the NFL that have played better than Darnold over the past month. In that span, Darnold has completed 85 of 125 passes for 1,158 yards and 11 touchdowns, while leading the Vikings to a 4-0 record. ADVERTISEMENT Will he actually win MVP? Not likely. Does he deserve to be in the conversation? Absolutely. More empty stats for Cousins Never mind that Cousins put up some prolific numbers, completing 23 of 37 passes for 344 yards. He also threw a pair of interceptions and failed to keep the game competitive. There were countless games while he was playing for the Vikings that featured a similar script. It was commonplace for Cousins to pad his stats in garbage time of a game that he had no chance of winning. Now, that’s a problem the Falcons are navigating in real time. After some strong play from Cousins earlier this season, he has regressed over the past month, and as a result, the Falcons have an 0-4 record in that span. ADVERTISEMENT No answer for Jefferson and Addison The dynamic duo of Justin Jefferson and Jordan Addison rewrote the record books for the Vikings in the win over the Falcons. They became the only players in franchise history to each record more than 100 yards receiving and a pair of touchdowns in the same game. That’s an insane stat considering Randy Moss and Cris Carter played together as did Stefon Diggs and Adam Thielen. In total, Jefferson finished with seven catches for 132 yards and a pair of touchdowns, while Addison finished with eight catches for 133 yards and a trio of touchdowns. ADVERTISEMENT An effective game for Jones After being held in check last time out, Aaron Jones bounced back with a solid effort for the Vikings against the Falcons. He was extremely effective carrying the ball and finished with 13 rushes for 73 yards and a touchdown. The fact that Jones was able to find pay dirt late in the game was a nice reward for him, considering he was an unsung hero on offense. As explosive as the Vikings proved to be throughout the air, Jones provided a nice changeup on the ground, which helped in chewing up clock down the stretch. As somebody who had a lot of success in the final month of last season, Jones is well on his way to replicating that this season. Some opportunistic takeaways Though the defense for the Vikings struggled at times, allowing nearly 500 yards of total offense, it also stepped up a couple of times to force key turnovers. ADVERTISEMENT Whether it was Josh Metellus recording an interception early, or Byron Murphy with an interception late, the defense needed both of them to help turn the tide in the game. There was also an important forced fumble from Brian Asamoah on special teams that ended up being recovered by C.J. Ham. On the flip side, the Vikings did not turn the ball over on offense, which helped them pull away in the final frame. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .
