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Stock market today: Wall Street inches higher at the start of a holiday-shortened week

Published Fri, 27 Dec 2024 11:12:26 GMT

Stocks edged higher early Tuesday as Wall Street kicked off what’s expected to be a quiet, holiday-shortened week of trading.The S&P 500 was up 0.3%. The benchmark index is near its all-time high set nearly two years ago following its longest winning streak since 2017.The Dow Jones Industrial Average was up 53 points, or 0.1%, at 37,438 as of 10:05 a.m. Eastern. The Nasdaq composite was 0.4% higher.Gains in technology stocks helped lift the market. Chipmaker Nvidia rose 1.1%. Energy stocks climbed along with crude oil prices. Hess rose 1%.Drugmaker Bristol Myers Squibb said Tuesday that it will acquire RayzeBio in a $4.1 billion deal, just days after buying Karuna Therapeutics for $14 billion. Bristol Myers shares slipped 1%, while RayzeBio doubled to $61.38, close to the $62.50 that each share will fetch in its acquisition.Treasury yields were slightly higher. The yield on the 10-year Treasury was at 3.91% from 3.90% late Friday. Wall Street is coming off its eighth strai...

USC’s JuJu Watkins is poised to step in as the next big star of women’s college basketball

Published Fri, 27 Dec 2024 11:12:26 GMT

LOS ANGELES (AP) — Caitlin Clark — the current Associated Press national player of the year — is in what may be her final season at Iowa. She could stay one more year as the result of the COVID-19 pandemic, as could Angel Reese of national champion LSU.Regardless of their futures, JuJu Watkins is poised to step in as the next big star of the women’s game.The Southern California freshman guard is the nation’s second-leading scorer at 26.8 points per game, right behind Clark, who leads with 30.5.Watkins earned Pac-12 Freshman of the Week honors in each of her first five weeks. She broke Lisa Leslie’s school record for most 30-point games by a freshman, with five in her first seven games.She’s led the Trojans to a No. 6 ranking in the AP Top 25 poll and a 10-0 record.Watkins sat out a win at Long Beach State on Dec. 21, with USC only saying she was day-to-day and not explaining further.She wasn’t feeling well in a win over Cal State Fullerton three days earlier, leaving the court twice...

Sports on TV for Wednesday, December 27

Published Fri, 27 Dec 2024 11:12:26 GMT

(All times Eastern)Schedule subject to change and/or blackoutsWednesday, December 27COLLEGE BASKETBALL (MEN’S)7 p.m.ACCN — Morgan St. at VirginiaCOLLEGE FOOTBALL2 p.m.ESPN — The Military Bowl Presented by GoBowling.com: Virginia Tech vs. Tulane, Annapolis, Md.5:30 p.m.ESPN — The Duke’s Mayo Bowl: North Carolina vs. West Virginia, Charlotte, N.C.8 p.m.FOX — The DIRECTV Holiday Bowl: Louisville vs. Southern Cal, San Diego9 p.m.ESPN — The TaxAct Texas Bowl: Texas A&M vs. Oklahoma St., HoustonIIHF HOCKEY (MEN’S)6 a.m.NHLN — World Junior Hockey Championship Group Stage: Slovakia vs. Switzerland, Group B, Gothenburg, Sweden8:30 a.m.NHLN — World Junior Hockey Championship Group Stage: Finland vs. Germany, Group A, Gothenburg, Sweden11 a.m.NHLN — World Junior Hockey Championship Group Stage: Norway Czech Republic, Group B, Gothenburg, Sweden1:30 p.m.NHLN — World Junior Hockey Championship Group Stage: Latvia vs. Canada, Group A, Gothenburg, Sweden NBA BASKETBALL7 p.m.NBATV — Toronto at ...

Today in Sports – Luka Dončić becomes 1st player to register a 60-21-10 triple-double in NBA history

Published Fri, 27 Dec 2024 11:12:26 GMT

Dec. 271953 — The Detroit Lions edge the Cleveland Browns 17-16 for the NFL championship. Doak Walker’s extra point, following a 33-yard scoring pass, is the difference.1959 — The Baltimore Colts beat the New York Giants 31-16 in the NFL championship. Three field goals by Pat Summerall give the Giants a 9-7 lead after three periods, but Baltimore’s defensive backfield makes three interceptions that result in scores.1964 — The Cleveland Browns break out after a scoreless first half with 17 points in the third quarter and go on to beat the Baltimore Colts 27-0 for the NFL title.1974 — Ohio State junior running back Archie Griffin wins the Heisman Trophy.1981 — Edmonton Oiler Wayne Gretzky becomes fastest NHLer to get 100 point in a season (his 38th game), with 4 goals and an assist in 10-3 win over visiting Los Angeles Kings.1987 — Steve Largent of the Seattle Seahawks becomes the NFL’s all-time reception leader in the Seahawks’ 41-20 loss to Kansas City. Largent’s six catches gives h...

Justin Thomas says new year in golf brings opportunity to everyone

Published Fri, 27 Dec 2024 11:12:26 GMT

The next season on the PGA Tour already has the perception of being two tours. The elite are in the $20 million signature events with a big boost in FedEx Cup points. The rest are playing for less money ($8.5 million on average) and having to play well to advance their stock.But being in that top group still has to be earned.Justin Thomas, who didn’t have an elite year, wonders why some of the rank-and-file complain about advantages for the perennially top players instead of seeking inspiration from the likes of Eric Cole and Adam Schenk.“I think it’s the easy thing to do, honestly, to sit there and say: ‘Why me? Why is this happening to me? Why are they getting this?’” Thomas said.Cole spent a decade on the mini-tours, finally worked his way up to the PGA Tour and finished at No. 43 in the FedEx Cup in his rookie season to get into all the big-money tournaments next year. He went from No. 384 to No. 41 in the world ranking and he’s headed to the Masters.Thomas singled out Schenk. H...

Sweden’s bid to join NATO is back for debate by a Turkish parliamentary committee

Published Fri, 27 Dec 2024 11:12:26 GMT

ANKARA, Turkey (AP) — The Turkish parliament’s foreign affairs committee resumed deliberations Tuesday on Sweden’s bid to join NATO, days after President Recep Tayyip Erdogan linked the Nordic country’s admission to U.S. approval of Turkey’s request to purchase F-16 fighter jets.Turkey, a NATO member, lifted its objection to Sweden joining the trans-Atlantic alliance in July but the ratification process has since stalled in parliament. Turkey accuses Sweden of not taking its security concerns seriously enough, including its fight against Kurdish militants and other groups that Ankara considers to be security threats.This month, Erdogan threw up another obstacle by saying openly that Turkey would only ratify Sweden’s NATO membership bid if the U.S. Congress approved Ankara’s request to buy 40 new F-16 fighter jets and kits to modernize its existing fleet. The Turkish leader also called on the two legislatures to act “simultaneously” and said Canada and other NATO allies m...

Atomic watchdog report says Iran is increasing production of highly enriched uranium

Published Fri, 27 Dec 2024 11:12:26 GMT

VIENNA (AP) — Iran has increased the rate at which it is producing near weapons grade uranium in recent weeks, reversing a previous slowdown that started in the middle of this year, the International Atomic Energy Agency said in a report to member states.Director General Rafael Mariano Grossi said in the report that Iran “in recent weeks had increased its production of highly enriched uranium, reversing a previous output reduction from mid-2023,” according to an IAEA spokesperson Sunday. Iran had previously slowed down the rate at which it was enriching uranium to 60% purity. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%.The U.N. nuclear watchdog said its inspectors had verified the increased rate of production since the end of November at facilities in Natanz and Fordow to about 9 kilograms per month, up from 3 kilograms per month since June and representing a return to earlier levels of production. Enriching uranium mean...

This Week: Fed manufacturing index, pending home sales, Chicago business barometer

Published Fri, 27 Dec 2024 11:12:26 GMT

A look at some of the key business events and economic indicators upcoming this weekEYE ON MANUFACTURINGThe Federal Reserve Bank of Richmond issues its monthly manufacturing activity index Wednesday.The index represents a weighted average of the shipments, new orders and employment indexes covering the bank’s district, which encompasses several states, including Maryland, North Carolina and Virginia. Economists expect December’s reading improved to -4 from -5 in November. The index can range between +100 and -100. Readings above zero indicate expansion in manufacturing activity.Richmond Fed Manufacturing Index, monthly.July -9.0Aug. -7.0Sept. 5.0Oct. 3.0Nov. -5.0Dec. (est.) -4.0Source: FactSetTRACKING HOME SALESThe National Association of Realtors releases its latest monthly pending home sales index Thursday.Pending home sales fell 1.5% in October as the average rate on a 30-year mortgage surged to its highest level since 2000. Economists predict the index rose 0.5% last month, as e...

Autoridades transportan diariamente a cientos de migrantes a ciudades fronterizas para aliviar la presión en Eagle Pass, Texas, dicen organizaciones

Published Fri, 27 Dec 2024 11:12:26 GMT

(CNN) — Cientos de migrantes del área de Eagle Pass son transportados diariamente a otras ciudades a lo largo de la frontera sur de Estados Unidos para ser procesados y aliviar la presión y luego son liberados en esas comunidades, según organizaciones sin fines de lucro que atienden a migrantes en esas áreas.La hermana Norma Pimentel, directora ejecutiva de Caridades Católicas del Valle del Río Grande, dice que su centro de respiro de McAllen ha estado recibiendo alrededor de 550 migrantes, que ingresaron por Eagle Pass a casi 300 millas de distancia (482 kilómetros) y han sido procesados por la Patrulla Fronteriza, todos los días en la última semana. Esa cifra fue de 350 la semana anterior, dijo.La Oficina de Aduanas y Protección Fronteriza de EE. UU. aún sigue en alerta debido al aumento de migrantes en curso, dice un funcionarioLa única organización sin fines de lucro que atiende a inmigrantes en Del Río y que también ha estado recibiendo inmigrantes de Eagle Pass se encuen...

Colorado snow totals for Dec. 25-26

Published Fri, 27 Dec 2024 11:12:26 GMT

DENVER (KDVR) — Tuesday is a Pinpoint Weather Alert Day as blizzard conditions caused travel issues for those heading east along the plains.A blizzard warning is in effect until 5 a.m. on Wednesday. Wind gusts up to 60 mph with 2-7 inches of snowfall will cause blowing snow and reduced visibility along the Eastern Plains. Conditions are also dicey along the Palmer Divide. View the latest Weather Alerts in Denver and across Colorado on FOX31 The post-Christmas snowstorm has brought several inches to parts of Colorado.How much snow fell?The table below includes preliminary snow totals reported to the National Weather Service on Dec. 25-26.The table is sorted in alphabetical order by county. This data was taken as of 9:30 a.m. on Tuesday, and will continuously be updated as the snow tapers off. CountyLocationAccumulationArapahoe1 SE Littleton0.8Arapahoe3 S Aurora6Arapahoe3 SSE Aurora7.5Arapahoe3 WSW Aurora4Arapahoe5 S Manila Village2.5Custer2 SSW Wetmore2Denver4 E Denver4Douglas5 NE ...