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2025-01-24
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777 casino customer service Stocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks accounted for much of the gains, outweighing losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.7%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1%. Japanese automakers Honda and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.7%, while Nissan ended flat. Eli Lilly rose 3.7% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.5% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. All told, the S&P 500 rose 43.22 points to 5,974.07. The Dow gained 66.69 points to 42,906.95. The Nasdaq rose 192.29 points to 19,764.89. Traders got a look at a new snapshot of U.S. consumer confidence Monday. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets closed mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.By TRÂN NGUYỄN SACRAMENTO, Calif. (AP) — California, home to some of the largest technology companies in the world, would be the first U.S. state to require mental health warning labels on social media sites if lawmakers pass a bill introduced Monday. The legislation sponsored by state Attorney General Rob Bonta is necessary to bolster safety for children online, supporters say, but industry officials vow to fight the measure and others like it under the First Amendment. Warning labels for social media gained swift bipartisan support from dozens of attorneys general, including Bonta, after U.S. Surgeon General Vivek Murthy called on Congress to establish the requirements earlier this year, saying social media is a contributing factor in the mental health crisis among young people. “These companies know the harmful impact their products can have on our children, and they refuse to take meaningful steps to make them safer,” Bonta said at a news conference Monday. “Time is up. It’s time we stepped in and demanded change.” State officials haven’t provided details on the bill, but Bonta said the warning labels could pop up once weekly. Up to 95% of youth ages 13 to 17 say they use a social media platform, and more than a third say that they use social media “almost constantly,” according to 2022 data from the Pew Research Center. Parents’ concerns prompted Australia to pass the world’s first law banning social media for children under 16 in November. “The promise of social media, although real, has turned into a situation where they’re turning our children’s attention into a commodity,” Assemblymember Rebecca Bauer-Kahan, who authored the California bill, said Monday. “The attention economy is using our children and their well-being to make money for these California companies.” Lawmakers instead should focus on online safety education and mental health resources, not warning label bills that are “constitutionally unsound,” said Todd O’Boyle, a vice president of the tech industry policy group Chamber of Progress. “We strongly suspect that the courts will set them aside as compelled speech,” O’Boyle told The Associated Press. Victoria Hinks’ 16-year-old daughter, Alexandra, died by suicide four months ago after being “led down dark rabbit holes” on social media that glamorized eating disorders and self-harm. Hinks said the labels would help protect children from companies that turn a blind eye to the harm caused to children’s mental health when they become addicted to social media platforms. “There’s not a bone in my body that doubts social media played a role in leading her to that final, irreversible decision,” Hinks said. “This could be your story.” Related Articles National News | Biden creates Native American boarding school national monument to mark era of forced assimilation National News | How should the opioid settlements be spent? Those hit hardest often don’t have a say National News | ‘Polarization’ is Merriam-Webster’s 2024 word of the year National News | Supreme Court rejects appeal challenging Hawaii gun licensing requirements under Second Amendment National News | Supreme Court rejects appeal from Boston parents over race bias in elite high school admissions Common Sense Media, a sponsor of the bill, said it plans to lobby for similar proposals in other states. California in the past decade has positioned itself as a leader in regulating and fighting the tech industry to bolster online safety for children. The state was the first in 2022 to bar online platforms from using users’ personal information in ways that could harm children. It was one of the states that sued Meta in 2023 and TikTok in October for deliberately designing addictive features that keep kids hooked on their platforms. Gov. Gavin Newsom, a Democrat, also signed several bills in September to help curb the effects of social media on children, including one to prohibit social media platforms from knowingly providing addictive feeds to children without parental consent and one to limit or ban students from using smartphones on school campus. Federal lawmakers have held hearings on child online safety and legislation is in the works to force companies to take reasonable steps to prevent harm. The legislation has the support of X owner Elon Musk and the President-elect’s son, Donald Trump Jr . Still, the last federal law aimed at protecting children online was enacted in 1998, six years before Facebook’s founding.

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New Syria PM calls for 'stability and calm'WASHINGTON (AP) — U.S. prosecutors are accusing two senior Syrian officials of overseeing a notorious torture center that abused peaceful protesters, including a 26-year-old American woman who was later believed to have been executed. Read this article for free: Already have an account? To continue reading, please subscribe: * WASHINGTON (AP) — U.S. prosecutors are accusing two senior Syrian officials of overseeing a notorious torture center that abused peaceful protesters, including a 26-year-old American woman who was later believed to have been executed. Read unlimited articles for free today: Already have an account? WASHINGTON (AP) — U.S. prosecutors are accusing two senior Syrian officials of overseeing a notorious torture center that abused peaceful protesters, including a 26-year-old American woman who was later believed to have been executed. The indictment was released Monday, two days after a shock rebel offensive overthrew Syrian President Bashar Assad. The U.S., U.N. and others accuse him of widespread human rights abuses in a 13-year battle to crush opposition forces seeking his removal from power. The war, which began as a largely nonviolent popular uprising in 2011, has killed half a million people. The indictment, filed Nov. 18 in federal court in Chicago, is believed to be the U.S. government’s first against what officials say were networks of Assad intelligence services and military branches that detained, tortured and killed thousands of perceived enemies. It names Jamil Hassan, director of the Syrian air force’s intelligence branch, who prosecutors say oversaw a prison and torture center at the Mezzeh air force base in the capital, Damascus, and Abdul Salam Mahmoud, who prosecutors say ran the prison. Victims included Syrians, Americans and dual citizens, the indictment said. The U.S.-based Syrian Emergency Task Force has long pushed federal prosecutors for action on one case, that of 26-year-old American aid worker Layla Shweikani. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. The group presented witnesses who testified of Shweikani’s 2016 torture at the prison. Syrian rights groups believe she was later executed at the Saydnaya military prison in the Damascus suburbs. The whereabouts of the two Syrian officials were not immediately known, and the prospects of bringing them to trial were unclear. Assad’s toppling by the rebels over the weekend has scattered his government and left citizens searching prison torture centers around the country for survivors and evidence. Advertisement AdvertisementNokia Corporation: Repurchase of own shares on 12.12.2024AMGEN ANNOUNCES 2025 FIRST QUARTER DIVIDEND

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