Wall Street stocks were little changed on Thursday while Asian equities rose in thin Boxing Day trade, extending their "Santa Claus Rally" with several bourses still shut for the holiday. Japan's Nikkei index closed up 1.1 percent, boosted by comments from the Bank of Japan governor and share price gains for top-selling automaker Toyota. China's plans for massive bond issuances in 2025 also bolstered investor sentiment. "Even though many in the region are still shaking off a bit of a holiday hangover, with several markets closed for Boxing Day, Asian stocks opened higher, riding a favorable wave from China's financial bond juggernaut," said Stephen Innes from SPI Asset Management. In New York, major indices veered in and out of positive territory in a sleepy post-Christmas session. The broad-based S&P 500 finished down less than 0.1 percent. Large technology companies that have led the market in much of 2024 mostly took a breather. These included Netflix, Tesla and Amazon, all of which declined. "What's interesting today is that we're seeing small stocks bounce back a little bit," said Steve Sosnick of Interactive Brokers, noting that the Russell 2000 index put on 0.9 percent. Holiday consumer data showed a 3.8-percent increase in US retail spending from November 1 to December 24, according to a Mastercard SpendingPulse review of a key period for retailers. London Stockton, an analyst at Ned Davis Research, noted that the "Santa Claus rally could still be alive, with strong seasonality into the end of the year." Stock markets have traditionally fared well in the last five trading days of the year and the first two in the new year, a trend known as the "Santa Claus rally." Among a number of possible reasons advanced by experts include the festive holiday mood and purchasing ahead of the end of the tax year. Innes said remarks from Bank of Japan governor Kazuo Ueda in which he refrained from signaling a potential interest rate hike next month also "influenced bullish regional sentiments." Japanese market heavyweight Toyota ended nearly six percent higher after reports in the Nikkei business daily said it aimed to double its return on equity -- a key measure of a company's financial performance. More from this section New York - Dow: UP 0.1 percent at 43,325.80 (close) New York - S&P 500: DOWN less than 0.1 percent at 6,037.59 (close) New York - Nasdaq: DOWN 0.1 percent at 20,020.36 (close) Tokyo - Nikkei 225: UP 1.1 percent at 39,568.06 points (close) Hang Seng: UP 1.1 percent at 20,098.29 points (Tuesday close) Shanghai - Composite: UP 0.1 percent at 3,398.08 points (close) Euro/dollar: UP at $1.0424 from $1.0414 on Tuesday Pound/dollar: DOWN at $1.2526 from $1.2538 Dollar/yen: UP at 158.00 yen from 157.06 yen Euro/pound: UP at 83.19 pence from 83.05 pence West Texas Intermediate: DOWN 0.7 percent at $69.62 per barrel Brent North Sea Crude: DOWN 0.4 percent at $73.26 per barrel bur-jmb/aha
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Gophers football continues to restock offensive linemen for 2025
A watch belonging to Chiefs tight end Travis Kelce was discovered in Providence by authorities investigating a string of home burglaries at professional athletesâ homes, sources told ABC News . Kelceâs Leawood, Kansas mansion was burglarized last month while the NFL star was at Arrowhead Stadium for the Chiefsâ âMonday Night Footballâ game against the Saints on Oct. 7. According to police documents by the Cass County Sheriffâs Office, $20,000 in cash was taken from Kelceâs home and his back door was damaged. Police did not share that a watch was taken from Kelceâs home when the news was first reported. Kelceâs home invasion took place a day after a separate burglary at Chiefs quarterback Patrick Mahomesâ Belton, Mo. estate , which occurred just after midnight on Oct. 6. Mahomesâ pregnant wife, Brittany Mahomes and their daughter Sterling, 3, and son Bronze, 1, were not home at the time of the break-in , according to ABC News. Police believe a South American crime ring is behind both burglaries, Fox 4 in Kansas City reported on Tuesday. The next day, the NFL sent a memo to teams alerting them of organized criminals increasingly targeting the homes of professional athletes while they are away. It included recommendations for security measures, including telling athletes not to post on social media in real time. The burglars are skilled in conducting research for homes theyâre targeting â and sometimes posing as delivery men, maintenance workers or joggers to learn about residences, neighborhoods and security systems, according to an NFL memo obtained by ABC News. NFL Networkâs Tom Pelissero reported the FBI is investigating the crime wave as international organized crime. The burglars are targeting items such as cash, jewelry, watches and handbags, and focusing on master bedrooms and closets, Pelissero reported, adding that they will research social media accounts and playersâ families posts to make sure no one is home. Kelce has yet to address the burglary at his Kansas home, while Mahomes said the incident was âfrustratingâ and âdisappointing.â The Chiefs (9-1) face the Panthers (3-7) in North Carolina on Sunday.
The 1% Club viewers left baffled as âeasyâ Christmas quiz question wipes out contestants â would you have got it?Manchester United has made headlines once again with their latest decision to part ways with their sports director, John Murtough, just five months after appointing him and reportedly spending a whopping ÂŁ8 million on hiring him. The club's recent struggles on and off the pitch have led to growing speculation about structural changes within the organization, with many fans and pundits questioning the effectiveness of the current leadership.Turkey has been a prominent player in the Syrian conflict since its outbreak, with its interests and actions often shaping the course of events on the ground. Turkey has supported various opposition groups and provided them with military and logistical assistance, viewing the Assad regime as a threat to its own security and interests. However, Turkey's role has also been complicated by its relations with other regional and international actors, as well as concerns about the potential for further escalation and instability in the region.Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) â Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) â Japanese automakers Honda and Nissan will attempt to merge and create the worldâs third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the companyâs stock as of March 18. Nordstromâs board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom â part of the Nordstrom family taking over the company â recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) â President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy â more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Bidenâs economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americansâ assessment of current economic conditions and their outlook for the next six months. The measure of Americansâ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. The internet is rife with fake reviews. Will AI make it worse? Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory. Phony reviews have long plagued many popular consumer websites, such as Amazon and Yelp. But AI-infused text generation tools enable fraudsters to produce reviews faster and in greater volume, according to tech industry experts. The deceptive practice is illegal in the U.S. and becomes a bigger problem for consumers during the holiday shopping season, when many people rely on reviews to buy gifts. A tech company and watchdog group that uses software to detect fake reviews says AI-generated reviews have multiplied. Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil BUCHAREST, Romania (AP) â Romanian lawmakers have voted narrowly in favor of a new pro-European coalition government led by incumbent Prime Minister Marcel Ciolacu. The move on Monday could usher in an end to a protracted political crisis in the European Union country following the annulment of a presidential election. Parliament approved the new administration in a 240-143 vote in the 466-seat legislature. The new coalition is made up of the leftist Social Democratic Party, the center-right National Liberal Party, the small ethnic Hungarian UDMR party and national minorities. President Klaus Iohannis swore in the new government on Monday night. Government regulators close investigation into Ford Focus recalls Government safety regulators are closing an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns. Ford recalled around 1.5 million Ford Focus sedans from the 2012-2018 model years in 2018 because they could lose power. The issue was a malfunctioning canister purge valve and software that didnât adequately detect when it was stuck open. Ford fixed the software in two separate recalls, but after cars continued to stall, the government opened an inquiry last year. Earlier this fall, Ford offered to replace the canister purge valve on all of the vehicles, satisfying regulators' concerns. AI will eavesdrop on world's wildest places to track and help protect endangered wildlife PUERTO JIMEÌNEZ, Costa Rica (AP) â A biologist hid 350 audio monitors across Costa Ricaâs tropical rainforests to spy on endangered spider monkeys in order to help protect them. But she had to go back to collect the data and feed those sounds into artificial intelligence systems that can recognize monkey calls. Now tech giant Microsoft's philanthropic arm is hoping to supercharge AI-assisted wildlife research with new solar-powered devices that can capture sounds, images and other wilderness data for a year or more without human intervention. Researchers say more AI wildlife surveillance is urgently needed to monitor the health of species at risk of extinction.
Jimmy Carter , the 39th President of the United States, has died at 100. The longest-living president in U.S. history died almost two years after entering hospice care in his Georgia home in lieu of continued medical intervention for his various health issues. Carter was a one-term but popular president, holding office from 1977-1981, and was unseated by Ronald Reagan. The former Commander in Chiefâs nonprofit organization announced he was entering hospice care in February 2023. âAfter a series of short hospital stays, former U.S. President Jimmy Carter decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention,â the February 18 Twitter announcement read. âHe has the full support of his family and his medical team. The Carter family asks for privacy during this time and is grateful for the concern shown by his many admirers.â Carter had undergone multiple hospital stints in recent years for various health issues, such as melanoma and several falls. On August 2, 2015, Carter underwent surgery to remove a small cancerous mass in his liver, and he recovered easily. However, the procedure revealed further health complications. On August 11, 2015, it was announced that the cancer had spread to other parts of Carterâs body. In an August 20, 2015 press conference, his doctor revealed the melanoma had spread to four parts of his brain. Hulton Archive/Getty Images The politician-turned-humanitarian had a history of cancer in his family. Carterâs parents and three siblings (two sisters and a brother) all died of different forms of cancer. His mother died of breast cancer; his father and siblings all died of pancreatic cancer. Age 90 at the time of his melanoma diagnosis, Carter believed he was nearing the end of his life but was at peace. âI just thought I had a few weeks left, but I was surprisingly at ease,â he said at the time, per ABC News . âIâve had a wonderful life. I have thousands of friends...so I was surprisingly at ease, much more so than my wife was.â The former president underwent treatment (surgery, radiation therapy, and immunotherapy) to âextendâ his life as much as possible. The treatment was successful, with Carter announcing in March 2016 that doctors stopped his treatment. Carter was hospitalized again the next year for dehydration due to building homes for Habitat for Humanity in Winnipeg, Canada. He was back at work on the homes the next day after some hours of observation. In May 2019, Carter broke his hip in a fall on his way out of his Plains, Georgia, home to go turkey hunting. He had a hip replacement a few days later and suffered another fall in October 2016, needing stitches over one of his eyebrows. In November 2019, he underwent surgery to address pressure in his brain caused by bleeding from the falls and recovered fine. Carter first served as a Georgia senator from 1963 to 1967 and then served as the 76th governor of Georgia from 1971 to 1975. He beat incumbent President Gerald Ford in the 1976 presidential election. The 2002 Nobel Peace Prize winner sought to make the government âcompetent and compassionateâ during his tenure. His accomplishments as president include creating the Department of Education, bolstering the Social Security system, hiring a record number of minority groups in government jobs, and protecting/improving the environment. Part of that effort was successfully adding 103 million acres of Alaskan land to the national park system. Carter was determined to see the U.S. switch from fossil fuel to clean energy with renewable resources. To that end, he had 32 solar panels installed on the roof of the West Wing in the summer of 1979, hoping to set an example for the future of renewable energy. The panels were used for seven years before Reagan had them removed. While he had notable accomplishments, rising energy costs, mounting inflation, and continuing tensions made it difficult for Carter to meet the high expectations he set for his administration. He shepherded in nearly eight million new jobs and a decrease in the budget deficit (per WhiteHouse.org ), but near record-high inflation and interest rates of the time, and the efforts to fix them, triggered a short recession in the economy. In foreign affairs, Carter led the Camp David Accords in 1978, a political agreement between Egypt and Israel reached through 12 days of secret negotiations at the Presidentâs Maryland country retreat. His focus on human rights didnât sit well with the leaders of the Soviet Union and some other nations. He obtained ratification of the Panama Canal treaties, set up diplomatic relations with the Peopleâs Republic of China, and finished the negotiation of the SALT II nuclear limitation treaty with the Soviet Union. Born James Earl Carter, Jr. on October 1, 1924, Carterâs family ran a peanut farm in Plains, Georgia. Talk of politics and his Baptist faith were tenets of his childhood. He graduated from the Naval Academy in Annapolis, Maryland, in 1946, serving seven years as a naval officer. Carter married his wife, Rosalynn Carter â who died in November 2023 â after graduating from the Academy in 1946. They share three sons, John William (Jack), James Earl III (Chip), Donnel Jeffrey (Jeff), and a daughter, Amy Lynn. Carter became a career politician in 1962 when elected to the Georgia State Senate. After his presidency, Carter focused his public efforts on humanitarian aid. He won the Nobel Peace Prize in 2002 âfor his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.â More Headlines: Jimmy Carter Dies: Longest-Living U.S. President Was 100 Hallmark Alums Tease Reunion in âWhen Hope Callsâ Season 2 and Possible Kiss Dayle Haddonâs Son-in-Law Marc Blucas Spent Years Renovating 1700s House Where She Died The 6 Saddest Scenes in âSquid Gameâ Season 2 âSister Wivesâ Star Meri Brown Debuts âMystery Manâ 2 Years After Kody Brown Split
Jayden Daniels and Michael Penix Jr. trained and went through the NFL draft process together on the way to becoming two of the five quarterbacks taken in the top 10. After going off the board earlier with the second pick by the Washington Commanders, Daniels has been their starter all season and one of football's breakout stars . Penix, taken eighth in a move coach Raheem Morris joked âshocked the world," waited behind Kirk Cousins until usurping the veteran and making his first pro start last week. On Sunday night, they'll face off in the league's first prime-time showdown of rookie QBs selected in the first round, and the spotlight is bright with significant playoff implications at stake. âI'm happy for him â he waited his time,â Daniels said of Penix. âHe's a phenomenal player in my eyes, and I'm excited to be able to match up against him.â Daniels and the Commanders (10-5) are in the playoffs with a win. They might already be in before kickoff if Tampa Bay loses at home to Carolina, though the Buccaneers are 8-point favorites on BetMGM Sportsbook. Washington is favored by 4 against the Falcons (8-7), who are vying with the Bucs for the NFC South title and a home playoff game and also in contention with the Commanders and others for the conference's wild-card spots. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Tough Victory for Knicks as Barnes Injures Ankle, Towns' 24+15+6 Performance Seals the WinIn conclusion, Guotai Junan's report provides a positive outlook for the stock market, suggesting that the bottom may be in sight and a transition to a bull market is on the horizon. With supportive macroeconomic conditions, attractive valuations, and improving investor sentiment, there is reason for optimism in the market. However, it is important for investors to remain vigilant, exercise caution, and stay informed in order to make well-informed investment decisions in the evolving market landscape.
Eriksen, a Danish international with a wealth of experience in top European leagues, joined Manchester United in a high-profile transfer a few seasons ago. Hailed as a creative playmaker with an eye for goal, Eriksen was seen as a key signing for the club, expected to bolster their midfield and provide an added dimension to their attacking play. However, things haven't gone as smoothly as expected for the talented midfielder at Old Trafford.In the world of gaming, few franchises have left as indelible a mark as Need for Speed. Since its inception in 1994, this iconic series has captivated racing enthusiasts with its high-octane gameplay, stunning graphics, and thrilling customization options. And now, the latest buzz in the gaming industry suggests that a remake of Need for Speed 9 may be on the cards.Jimmy Carter, the 39th US president, has died at 100