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Netflix set to finally broadcast special showcasing Jamie Foxx's mystery health troubles
Georgetown ventures out of D.C. for first time to face West Virginia
NEW YORK (AP) — U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before. The Dow Jones Industrial Average lost 0.6%, while the Nasdaq composite fell 0.2%. The crypto market had much more action, and bitcoin briefly burst to a record above $103,000 before falling back toward $99,000. It’s climbed dramatically since Election Day on hopes President-elect Donald Trump will be more friendly to crypto. Airline stocks were strong, while Treasury yields held relatively steady in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are drifting around their records Thursday in the runup to a big jobs report due on Friday. The crypto market had much more action, and bitcoin briefly burst to a record above $103,000 before pulling back. The S&P 500 was edging down by 0.1% after setting an all-time high for the 56th time this year the day before to improve one of its best years of the millennium . The Dow Jones Industrial Average was down 183 points, or 0.4%, with roughly an hour remaining in trading, while the Nasdaq composite was nearly unchanged from its own record set the day before. Bitcoin powered above $100,000 the night before, after President-elect Donald Trump chose a crypto advocate, Paul Atkins, as his nominee to head the Securities and Exchange Commission. The cryptocurrency has climbed dramatically from less than $70,000 on Election Day, but it quickly fell back as Thursday progressed toward $99,000, according to CoinDesk. Sharps swings for bitcoin are nothing new, and they took stocks of companies enmeshed in the crypto world on a similar ride. After rising as much as 9% in early trading, MicroStrategy, a company that’s been raising cash just to buy bitcoin, swung to a loss of 5.9%. Crypto exchange Coinbase Global fell 3.2% after likewise erasing a big early gain. Elsewhere on Wall Street, stocks of airlines helped lead the way following the latest bumps up to financial forecasts from carriers. American Airlines Group soared 18.6% after saying it’s making more in revenue during the last three months of 2024 than it expected, and it will likely make a bigger profit than it had earlier forecast. The airline also chose Citi to be its exclusive partner for credit cards that give miles in its loyalty program. That should help its cash coming in from co-branded credit card and other partners grow by about 10% annually. Southwest Airlines climbed 3.4% after saying it’s seeing stronger demand from leisure travelers than it expected. It also raised its forecast for revenue for the holiday traveling season. On the losing end of Wall Street was Synposys, which tumbled 12.1%. The supplier for the semiconductor industry reported better profit for the latest quarter than analysts expected, but it also warned of “continued macro uncertainties” and gave a forecast for revenue in the current quarter that fell short of some analysts’ estimates. American Eagle Outfitters fell even more, 15.3%, after the retailer said it’s preparing for “potential choppiness” outside of peak selling periods. It was reminiscent of a warning from Foot Locker earlier in the week and raised more concerns about how resilient U.S. shoppers can remain. Solid spending by U.S. consumers has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable after the Federal Reserve hiked interest rates to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A report on Thursday said the number of U.S. workers applying for unemployment benefits rose last week but remains at historically healthy levels. Expectations are high that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. In the bond market, the yield on the 10-year Treasury held steady at 4.18%, where it was late Wednesday. In stock markets abroad, indexes were mostly calm in Europe after far-right and left-wing lawmakers in France joined together to vote on a no-confidence motion prompted by budget disputes that will force Prime Minister Michel Barnier and his Cabinet to resign. The CAC 40 index in Paris added 0.4%. In South Korea, the Kospi fell 0.9% to compound its 1.4% decline from the day before. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night. He revoked the martial law declaration six hours later. Crude oil prices slipped after eight members of the OPEC+ alliance of oil exporting countries decided to put off increasing oil production. ___ AP Business Writers Yuri Kageyama and Matt Ott contrributed. Stan Choe, The Associated PressThe AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . FORT WAYNE, Ind. (AP) — Jalen Jackson scored 23 points as Purdue Fort Wayne beat Robert Morris 82-77 on Sunday. Jackson had six rebounds and three steals for the Mastodons (6-4, 1-1 Horizon League). Corey Hadnot II scored 13 points, shooting 4 of 11 from the field and 5 for 6 from the free-throw line. Rasheed Bello went 4 of 11 from the field (2 for 4 from 3-point range) to finish with 12 points. Alvaro Folgueiras finished with 25 points, 12 rebounds, four assists and two steals for the Colonials (6-5, 0-2). Robert Morris also got 19 points, four assists and four steals from Kam Woods. Ryan Prather Jr. finished with 14 points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Trump offers public show of support for Pete Hegseth, his embattled nominee to lead PentagonMINNEAPOLIS (AP) — Sam Darnold tossed aside his stoic demeanor for a moment after realizing he was on the videoboard, aggressively twirling a towel to further stoke the crowd's fire after the Minnesota Vikings had pulled away from Kirk Cousins and the Atlanta Falcons late in the game. “I just felt the buzz. That was pure passion, pure joy, man,” Darnold said. Darnold added yet another highlight to his brilliant first season with the Vikings, passing for 347 yards and five touchdowns, both career highs, in a 42-21 victory over the foundering Falcons on Sunday to stretch their winning streak to six games. “It just felt like it was one of those days to keep the gas pedal down,” said coach Kevin O'Connell, who enjoyed his team's first 40-point game in three seasons on the job. Darnold passed for 250 yards after halftime to help the Vikings (11-2) break a 21-all tie early in the fourth quarter and stay one game behind NFC North-leading Detroit with a final-week matchup looming with the Lions. Jordan Addison had eight catches for 133 yards and three scores and Justin Jefferson racked up seven receptions for 132 yards and two touchdowns after going the past six games without scoring. “This is something that we want to do and we can do every single week,” Jefferson said. Cousins, whose departure in free agency for Atlanta prompted Minnesota to sign Darnold as a bridge to currently injured rookie J.J. McCarthy, threw two more interceptions without a touchdown in this unhappy homecoming following a mixed six-year run with the Vikings. Booed as he took the field, Cousins and the Falcons (6-7) left with a fourth consecutive loss to tumble out of first place in the NFC South and fall one game behind Tampa Bay. “When you’re playing well you usually aren’t as good as people are telling you when they’re patting you on the back, and if you’re in a rut you’re usually not as bad as people kind of leaving you for dead,” Cousins said. “The reality’s usually somewhere in the middle. You just have to keep playing and see where the dust settles in January.” Cousins went 23 for 37 for 344 yards for the Falcons, who crossed midfield on all nine of their possessions and finished with 496 total yards. He overthrew Ray-Ray McCloud III on fourth down in the first quarter, and the Falcons settled for short field goals just before and right after halftime. Their fate was sealed when McCloud fumbled the kickoff at the 32 after the Vikings went 70 yards in six plays for the go-ahead touchdown pass to Addison, who scored again seven plays later. The Falcons handed the Vikings an earlier touchdown when Kentavious Street was called for defensive holding during a field-goal attempt late in the second quarter, giving Darnold a fresh set of downs before a 12-yard laser to Jefferson on a post route on third-and-6. “You just can’t have the self-inflicted wounds and expect to win football games like we had today,” coach Raheem Morris said. Bijan Robinson had 22 carries for 92 yards and a touchdown and Tyler Allgeier rushed nine times for 63 yards and a score for the Falcons against the NFL’s leading run defense. Cousins, who was picked off four times last week, hesitated as he wound up to throw on first down from the Minnesota 47 in a tie game early in the second quarter and then inexplicably fired a pass straight to Josh Metellus as he sat in a zone in front of Drake London. Cousins has a NFL -most 15 interceptions. Byron Murphy snagged an overthrow for the second one near the goal line with a 35-21 lead and 6:26 left. Darnold, who went 22 for 28 without a turnover-worthy play despite heavy first-half pressure, then directed a seven-play, 98-yard drive to seal it. “I think we grew up a lot today offensively,” O'Connell said. Addison and Jefferson became the first duo in Vikings history to each have 100-plus receiving yards and two-plus touchdown catches in the same game. Addison also became the first Vikings player with three receiving touchdowns in a game since Stefon Diggs caught three from Cousins in 2019. Murphy has six interceptions this season, the most for the Vikings since Jimmy Hitchcock had seven in 1998. Falcons: CB Mike Hughes (knee) was back in the lineup after missing two games. Minnesota's 2018 first-round draft pick returned an interception for a touchdown against Atlanta in his NFL debut here. Vikings: CB Stephon Gilmore (hamstring) and backup OLB Patrick Jones (knee) were out. TE Josh Oliver (wrist/ankle) returned from a two-game absence, and LS Andrew DePaola (hand) and PK Will Reichard (quadriceps) were back from four-game injured reserve stints. Both teams play next Monday night, Dec. 16: Atlanta visits Las Vegas, and Minnesota hosts Chicago. AP NFL: https://apnews.com/hub/NFL