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2025-01-20
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The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as US jobs data fuelled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1 per cent drop in UnitedHealth Group shares weighed on the index. The S&P 500 consumer discretionary index rose 2.4 per cent to hit an all-time closing high. It led gains among sectors, boosted by Lululemon. Shares of Lululemon Athletica jumped 15.9 per cent after the sportswear maker increased full-year forecasts. Also in the consumer discretionary space, shares of cosmetics retailer Ulta Beauty advanced 9.0 per cent after the company raised its annual profit forecast. The US Labor Department report showed job growth surged in November, but an increase in the unemployment rate to 4.2 per cent pointed to an easing labour market. "It does support the case for the Fed to continue to cut rates in the December meeting and into the first quarter," said Bill Northey, senior investment director at US Bank Wealth Management in Billings, Montana. The Dow Jones Industrial Average fell 123.19 points, or 0.28 per cent, to 44,642.52, the S&P 500 gained 15.16 points, or 0.25 per cent, to 6,090.27 and the Nasdaq Composite gained 159.05 points, or 0.81 per cent, to 19,859.77. The S&P 500 registered its 57th record closing high for 2024, while the Nasdaq Composite posted its 36th record high close for the year. For the week, the Nasdaq gained 3.3 per cent, the S&P 500 rose about 1.0 per cent and the Dow fell 0.6 per cent. Following the data, US rate futures were pricing in roughly a 90 per cent chance the Fed will lower interest rates by 25 basis points at its Dec. 17-18 policy meeting, according to LSEG calculations which previously saw just a 72 per cent chance. The Fed has lowered rates by 75 basis points since September, when it launched its easing cycle. Fed Governor Michelle Bowman said inflation risks remained, which augured caution with rate decisions. Shares of health insurance companies including UnitedHealth extended declines from the previous session, two days after Brian Thompson, CEO of UnitedHealth's health insurance unit, was fatally shot outside a Manhattan hotel. The shooter remained at large and his motive has not been determined. The death sparked comments on social media over frustrations with the US health insurance system. Among other stock moves, shares of Facebook-owner Meta Platforms were up 2.4 per cent after a US appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban. The Cboe Volatility Index, Wall Street's fear gauge, ended down 0.77 points at 12.77 in its lowest finish since mid-July. Declining issues outnumbered advancers by a 1.01-to-1 ratio on the NYSE. There were 354 new highs and 98 new lows on the NYSE. On the Nasdaq, 2,610 stocks rose and 1,678 fell as advancing issues outnumbered decliners by a 1.56-to-1 ratio. Volume on U.S. exchanges was 12.99 billion shares, compared with the 14.5 billion average for the full session over the last 20 trading days.None

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NEW YORK – The No. 6 Notre Dame Fighting Irish face the undefeated No. 19 Army Black Knights in a high-stakes matchup today – Saturday, Nov. 23 – at Yankee Stadium in the Bronx. This game is available on multiple streaming services for free. How do I watch Notre Dame vs. Army for free? This game will broadcast live on NBC at 7 p.m. Eastern. Fans without cable can catch the game at no cost via FuboTV or DirecTV Stream , which both offer free trials. FuboTV is also offering $30 off your first month. Another option is SlingTV , which has promotional offers for new customers. This game will also stream live on Peacock , which offers a premium monthly subscription for $7.99/month or a premium annual subscription for $79.99/year, where you can save 17% off in one payment. Sitting at No. 6 in the nation, the Fighting Irish (9-1) continue to close in on a College Football Playoff berth. Since losing to Northern Illinois in a colossal stunner, they have put together an eight-game winning streak. Notre Dame has outscored the opposition by 32.3 points per game during that span. Notre Dame is piling up 38 points per game, which is 11th in the nation. Senior quarterback Riley Leonard has thrown for 1,789 yards and 12 touchdowns with four interceptions. Leonard has rushed for 641 yards with 13 scores on the ground. Sophomore running back Jeremiyah Love has tallied 114 carries for 720 yards and 12 touchdowns, averaging 6.3 yards per carry. He has scored at least once in all 10 games. Junior Jadarian Price has 67 carries for 487 yards and four touchdowns, averaging 7.3 yards per carry. Senior tight end Mitchell Evans is on a roll, finding the end zone in back-to-back games. He has notched 22 receptions for 188 yards and two touchdowns. Senior receiver Beaux Collins has garnered 30 receptions for 390 yards and two touchdowns, averaging 13 yards per reception. Notre Dame’s offense has buried seven defenses ranked outside of the top 75. The Fighting Irish defense has held seven of their last eight opponents under 20 points. They are allowing 11.4 points per game. Notre Dame has a clear size advantage in the trenches and will look to exploit it. Senior safety Xavier Watts lurks in the secondary with 23 solo tackles, four interceptions, one forced fumble and seven pass deflections. Notre Dame embarrassed previously unbeaten Navy. While this matchup has similar schematics, the Black Knights should put up a more respectable fight. Notre Dame has won 15 straight meetings in this rivalry, including six shutouts. They hold a 39-8-4 advantage in the all-time series. The Fighting Irish will look to end Army’s fairytale in the most unique of settings. Watch Notre Dame vs. Army on FuboTV for free The dream season for head coach Jeff Monken and the Black Knights (9-0, 7-0 American Athletic Conference) rolls on as they are one of three remaining undefeated teams. Army has already secured a spot in the conference championship game against No. 20 Tulane and is fighting for a College Football Playoff seeding. A win over the rival Irish will open the eyes of the nation and give the program their first ever 10-0 start. Looking against their case, the schedule is the second-easiest in the nation. Their opponents have combined for an overall record of 27-53 and they have one win against a team over .500. Running the patented triple option offense, Army is averaging 35.2 points per game and claim the best rushing attack in the nation at a whopping 329.9 yards per game. The next closest is New Mexico at 258.7. Senior quarterback Bryson Daily has 174 rushes for 1,062 yards and 21 touchdowns. He has also thrown for 644 yards with seven touchdowns and one interception. Daily has rushed for 110 or more yards in seven of his eight games this season. Sophomore Kanye Udoh adds to the ground onslaught with 128 carries for 856 yards and nine touchdowns, averaging 6.7 yards per carry. Senior receiver Casey Reynolds can benefit from a surprise pass. He has 11 receptions for 317 yards and three touchdowns, averaging 28.8 yards per reception. Army is second in the FBS in third-down conversion percentage and time of possession. The offense is a methodical meatgrinder that has pummeled the opposition into submission. Notre Dame bullied Navy into six turnovers during their clash. That likely won’t happen tonight as Army averages the least turnovers per game at 0.4. They have just three giveaways all season, which leads the nation. The defense is one of the best in the country for what they have displayed thus far. They are allowing 10.33 points per game, just behind Ohio State for the nation’s best, and rank fourth in the nation in total defense. Army allows 273.9 yards per game and have held eight of their nine opponents to 14 points or less. Sophomore cornerback Jaydan Mayes has nine solo tackles and three interceptions. Army has lost 28-straight games against top-10 opponents. It’s last such win came against Penn State in 1963. It’s the first meeting between the two programs since 2016, and the fourth since the new century. It’s also the first time the two teams will meet while holding a ranking in the AP Top 25 poll since 1958. Army defeated Notre Dame in South Bend that year, 14-2. Watch Notre Dame vs. Army for free on DirecTV Stream Who is announcing Notre Dame vs. Army? Noah Eagle (play-by-play) and Todd Blackledge (analyst) will be the announcers while Kathryn Tappen reports from the sidelines. What are the latest odds for Notre Dame vs. Army? Spread: ND: (-14), ARMY: (+14) Moneyline: ND: (-625), ARMY: (+455) Point total: 44.5 Odds from DraftKings Here’s more information on how to watch this game on TV and streaming services. What: College football: Notre Dame vs. Army When: Saturday, Nov. 23, 2024 Time: 7 p.m. Eastern Where: Yankee Stadium | New York, New York RECOMMENDED • cleveland .com Where to watch Texas vs. Kentucky FREE STREAM today Nov. 23, 2024, 9:30 a.m. Georgia vs. UMass FREE STREAM: Where to watch today Nov. 23, 2024, 6:45 a.m. Channel: NBC Best streaming options: FuboTV (free trial and $30 off your first month), DirecTV Stream (free trial), Sling TV (half off first month) and Peacock Cable Channel Finder: AT&T U-Verse , Comcast Xfinity , Spectrum/Charter , Optimum/Altice , Cox , DIRECTV , Dish , Verizon Fios

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