Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones notched another record high. The S&P 500 rose 0.3 per cent. The benchmark index’s 1.7 per cent gain for the week erased most of its loss from last week. Wall Street has steadied after a volatile few weeks. Credit: AP The Dow rose 1 per cent as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2 per cent. The Australian sharemarket is set to climb, with futures pointing to a rise of 52 points, or 0.6 per cent. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump’s victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It’s now within about 0.5 per cent of its all-time high set last week. “Overall, market behaviour has normalised following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8 per cent after handily beating analysts’ third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2 per cent after raising its earnings forecast for the year. EchoStar fell 2.8 per cent after DirecTV called off its purchase of that company’s Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8 per cent. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2 per cent. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $US3.6 trillion ($5.5 trillion) behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7 per cent. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7 per cent following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41 per cent from 4.42 per cent late Thursday. In the crypto market, bitcoin hovered around $US99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $US99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation’s largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts’ expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan’s consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It’s still up from 70.5 in October. The survey also showed that consumers’ inflation expectations for the year ahead fell slightly to 2.6 per cent, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the US releases its October personal consumption expenditures index. The PCE is the Fed’s preferred measure of inflation and this will be the last PCE reading prior to the central bank’s meeting in December. AP The Market Recap newsletter is a wrap of the day’s trading. Get it each we e kday afternoon .Title: Setien Takes the Helm at Beijing Guoan and Secures Four New La Liga Signings to Lead the Team Next Season
In conclusion, Neymar's unwavering determination to join Barcelona highlights the deep emotional connection and desire he holds for his former club. As the transfer saga continues to unfold, the issue of registration looms large as a crucial factor that could determine the outcome of the deal. Only time will tell whether Neymar's dream of returning to Camp Nou will become a reality, but one thing is clear – his passion and commitment to the club remain as strong as ever.The six Division of the Nigerian Army said its troops have destroyed 34 illegal refining sites, arrested eleven suspected oil thieves, and seized over 80,650 litres of stolen products in the Niger Delta. The Army said this followed several clearance operations conducted alongside other sister agencies in Rivers, Bayelsa, Delta, Edo, and Akwa Ibom states respectively from November 18 and 24. 2024. The Acting Deputy Director, 6 Division Army Public Relations, Lt. Col. Jonah Danjuma disclosed this in a statement issued in Port Harcourt on Sunday. Giving account of the operations in Rivers State, Danuma said in Buguma Creeks in Asari-Toru Local Government, over eight illegal refining sites were deactivated, with dugout pits containing over 25,000 litres of stolen products handled. Furthermore, at Iyalama/Bakana, also in Buguma, a Wellhead used as a loading point by the criminals was discovered, several cooking pots of different sizes, receivers as well as four wooden boats were taken out with over 8, 000 litres of stolen products confiscated. The statement read further, “Troops, also intercepted a wooden boat stocked with over 6,000 litres of condensate in the same area. Similarly, around Ogaji – Ama, in Buguma South East River, two wooden boats loaded with over 3, 000 litres of stolen crude were intercepted. “In a related development, operations were conducted, around Asaramatoro Creek in Bonny LGA, where an illegal refining site with over 10,000 litres of stolen crude housed in a local reservoir was discovered. Relatedly, along Idu Ekpeye in Ahoada West LGA, a wooden boat with over 2,000 litres of stolen products was intercepted. At the Obiafu general area in Ogba/Egbema/Ndoni LGA, over 3,000 litres of stolen crude concealed in sacks were recovered. “Also, at Oboburu in ONELGA, troops had an encounter with an armed vandal who opened fire on them. They responded, and he was neutralised. One pump action gun and 5 cartridges were recovered at the scene. “While, around the Ke Community in Degema LG, a large wooden boat hidden inside the creek suspected to be used by the oil thieves was intercepted. Further combing of the general area led to the confiscation of a fibre boat laden with over 1,500 litres of stolen products. A clearance operation was also conducted along the Imo River, particularly around Oyigbo, Asa, Ukwa, and environs, with remarkable successes recorded.” “These included the dismantling of over 20 illegal refining sites, 169 cooking drums, 29 metal container receivers, as well as the recovery of over 15,000 litres of stolen products.” Related News PANDEF rejects ACF claim, says only Niger Delta endures marginalisation Soldiers arrest 28 suspected oil thieves in N'Delta Gunmen kill two soldiers at Abia army checkpoint In Bayelsa State, the Army 6 Division spokesman said several operations were conducted with successes recorded. At Clough Creek in Ekeremor LGA, a wooden boat hidden inside the Creek loaded with over 2,500 litres of stolen products was intercepted. Likewise, around the Sangakubu general area in Nembe LGA, an illegal refining site was dismantled with over 1,500 litres of stolen products recovered. Danjuma disclosed that the operation was also extended to Southern Ijaw LGA, along Tebidaba Creek, where illegal refining sites, a wooden boat with an unquantified quantity of stolen products handled appropriately. “While, in Delta State, troops on routine patrol, along Ekpan in Uvwie LGA, intercepted over 2,500 litres of stolen products stored in a tank within the premises of Lamiel Hotel and Suites. “Additionally, troops in pursuit, intercepted two vehicles stocked with stolen products at Abe Community in Orhiomwon LGA of Edo State. In Akwa State, troops have continued to dominate land and waterways to ward off criminal activities. “During the operations conducted within the period under review, several achievements were recorded across the joint operations area.” The statement summarises the achievements as follows,These included the dismantling of 34 illegal refining sites, arrest of eleven suspected oil thieves, deactivation of 19 boats, and over 80,650 litres of stolen products recovered. “Others include the deactivation of 180 cooking drum pots, 29 metal container receivers, several vehicles, and motorcycles. Those arrested have been profiled and handed over to the relevant authority, while products were handled appropriately.” The General Officer Commanding, 6 Division, Nigerian Army, Major General Jamal Abdussalam, commended troops for their resilience and assured that the Division under his watch would continue to sustain the ongoing operations to ensure an increase in oil and gas production. Abdussalam stated that the efforts would be sustained to effectively thwart the intentions of the criminal elements and economic saboteurs operating in the region.
Viral 4th Gen Group Missing For Almost A Year — Company Surprisingly Holding New Auditions
NoneRegardless of the outcome, one thing is certain – the reunion of old teammates in the same group has reignited the flames of nostalgia and rivalry in the esports community. It serves as a reminder of the bonds and memories forged through countless hours of practice and competition, and the enduring passion and dedication that drive players to strive for greatness.
There are three major signals that point to this dramatic reversal in policy attitude. Firstly, the government has emphasized the need to support the real economy and promote structural reforms, indicating a shift towards a more growth-oriented agenda. This marks a departure from the previous focus on deleveraging and risk control, suggesting a more proactive approach to stimulating economic activity.After a week of absolutely insane headlines, Saturday Night Live's Weekend Update hosts Colin Jost and Michael Che had no shortage of material to dig into. Leading the charge was the massive social media frenzy over the shooting of... Chance Townsend
Overall, Maogeping's impressive debut on the Hong Kong Stock Market is a clear signal of the market's optimism towards technology companies with strong growth potential. As the company continues to expand its market presence and solidify its position in the tech industry, investors can expect further exciting developments and opportunities in the future.PWHL Roundup: Charge rout Fleet, Frost edge Sirens in pre-season play