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Major stock indexes we mixed on Wall Street in afternoon trading Monday, marking a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average slipped 21 points, or 0.1% as of 2:22 p.m. Eastern time. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks helped outweigh losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.6%. Broadcom jumped 5.7% to also help support the broader market. Walmart fell 2.2% and PepsiCo slid 1.3%. Japanese automakers Honda Motor and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.1% , while Nissan fell 0.9%. Eli Lilly rose 3.3% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.7% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. 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 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 were 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.League fines Hawks $100,000 for Young missing NBA Cup gameAbnormal Patterns in Brain Waves May Indicate ADHD, Expert Says
As snow blankets the Colorado mountains, outdoor enthusiasts have a unique opportunity: the winter hut trip. Whether you’re a skier or a snowshoer, a hut trip offers an excellent opportunity to connect with nature while exploring the rugged beauty of the state’s wilderness and enjoying the warmth and camaraderie of a cozy mountain hut. From the towering peaks of the San Juan Mountains to the snow-covered trails in Summit County, Colorado’s winter hut trips provide an unforgettable experience for adventurers of all levels. Huts fill up fast, so check each property’s for pricing and availability. Located between Telluride and Silverton near the top of Ophir Pass in the San Juan Mountains, the Opus Hut was built for backcountry skiers, mountaineers, hikers and mountain bikers. At 11,700 feet, the hut sits at treeline with low-angle glades below and open slopes above. While intermediate powder skiing is available out the back door of the hut, owner Travis Mohrman said the terrain is best suited for experienced backcountry skiers. Mohrman estimates that 15% to 20% of the groups visiting Opus Hut do so with guides. “They’re not personally comfortable with the terrain or they’re not from the area,” Mohrman said. “They guides are knowledgeable about local conditions — what the snow is, what’s safe and what’s not safe.” The cabin accommodates up to 20 people in five rooms. Some visitors book the whole hut and bring friends and family, while others reserve available beds in unbooked rooms. The hut features solar-powered lighting and 110-volt outlets for charging electronic devices. It also has filtered drinking water, hot and cold tap water, and indoor composting toilets. It provides full bedding and clean sleeping bag liners. During winter, the hut has four to six employees who sleep in a separate cabin. They prepare meals with natural, organic, and, when possible, locally grown products. The hut accommodates vegetarian, vegan, and gluten-free diets–just be sure to inform the staff beforehand. It also offers beer, wine, and a limited selection of spirits for purchase. “You can travel much lighter if you don’t have to bring in your food,” said Mohrman, who took over the hut three years ago. “You don’t have to focus on the upkeep of being in the backcountry.” Reservations for Opus Hut open Aug. 1. “The winter fills up quick,” Mohrman said. “Every winter weekend books in the first five minutes.” Nestled at 11,200 feet in the San Juan National Forest, Campfire Ranch Red Mountain Pass is the perfect base for exploring world-class skiing, split boarding, snowshoeing, and ice climbing. Located between Silverton and Ouray, it’s is accessible during the winter via a half-mile backcountry over-snow approach. Campfire Ranch is an ideal choice for novices. While other Colorado hut systems require you to carry your own food, bring sleeping bags, and live off-grid, this one provides food service, solar-powered electricity, Wi-Fi, and bedding. The dog-friendly cabin accommodates eight people. “We took a hospitality approach to remove barriers to entry for people who want to have the experience but don’t have the gear or the knowledge,” said Katrin Meiusi, director of marketing for the properties. Campfire Ranch first opened a campground on the Taylor River in Almont near Crested Butte. RVs are not permitted at the campground, which is open from May to October. Amenities include unlimited firewood, clean bathrooms, and drinkable well water. The 38 backcountry huts managed by the non-profit 10th Mountain Division Hut Association are connected by 350 miles of trails among some of the tallest peaks in the lower 48 states. All huts, some of which accommodate up to 17 people, have kitchens with propane burners for cooking — propane is provided. They provide pots, pans, potholders, dishware, cooking and eating utensils, a percolator or French press for coffee, salt and pepper, paper towels, dish soap, hand sanitizer, cleaning supplies and trash bags. Some huts have ovens and propane grills. All huts provide lighting from on-site solar power, propane or a generator. A few huts also have outlets for charging small devices such as phones. The huts have either an outhouse or an indoor bathroom with toilet paper supplied. All huts include mattresses and pillows, but you must bring your sleeping bag and pillowcase. Summit Hut Association operates five backcountry huts open for winter from November to May. Francie’s and Janet’s cabins are also open for summer use from July to September. All huts have solar-powered lights, fully stocked kitchens, and wood-burning stoves. Francie’s, Janet’s, and Sisters’ cabins have saunas and indoor toilets. The association hosts its annual Backcountry Ball fundraiser in October at The Maggie on Peak to kick off the season. The event includes dinner, drinks, a silent auction and entertainment. Proceeds help maintain the network of backcountry cabins.Trump Aims to End Daylight Savings
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Falslev scores 27 as Utah State beats South Florida 88-67 for best start in school history 10-0The Nike Air Max Plus OG is making a bold comeback in the iconic "Hyper Blue" colorway. First released in 1998, this sneaker remains a fan favorite. Its vibrant design and revolutionary technology changed the game. Now, it’s set to drop again in Spring 2025, reigniting nostalgia for sneaker enthusiasts. The "Hyper Blue" colorway features a gradient blue upper that fades from dark to light. Black overlays add depth and structure, creating a striking visual effect. Additionally, the sneaker includes white midsoles with visible Air units, offering both comfort and a timeless look. The yellow-to-orange accents on the Air bubbles and branding bring energy and warmth to the design. Designed by Sean McDowell, the Nike Air Max Plus introduced the Tuned Air system . This technology provided unmatched support and cushioning, ideal for both performance and casual wear. The sneaker’s wavy TPU overlays and breathable mesh upper further enhanced its appeal. These details remain intact in the 2025 release, staying true to the original. The "Hyper Blue" continues to be one of the most iconic colorways in the Air Max Plus series . With its bold gradient and innovative design, it’s poised to make a big impact once again. Fans are already counting down the days. Read More: On-Foot Images Of The Nike SB Dunk Low x Supreme “Ink” Image via SNKRS These sneakers feature a black rubber sole paired with a white midsole. Also, the midsole includes multiple air bubbles, a signature element of the Nike Air Max family. Further, the uppers are crafted from gradient mesh, going from light to dark blue. zblack laces complement the design, and a yellow Nike Swoosh adorns the sides. Overall, this pair boasts a vibrant colorway that looks great on foot. Sneaker Bar Detroit reports that the Nike Air Max Plus “Hyper Blue” is going to drop in the spring of 2025. Also, the retail price will be $180 when they release. Read More: Celebrating The “Year Of The Snake” With The Air Jordan 1 Low OGImage Recognition Growth: USD 36.1B in 2019 to USD 177.1B by 2031, 18.3% CAGR.
The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.Harvest ETFs Announces Revised Estimated Annual 2024 Reinvested ETF Distributions
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Viral image purporting to be Luigi Mangione's NYPD mugshot is fakeBryce Thompson scored 17 points and achieved a milestone as Oklahoma State defeated Miami 80-74 on Friday afternoon in a Charleston Classic consolation game in Charleston, S.C. Thompson made 6-of-14 shots from the floor, surpassing 1,000 points for his career at Oklahoma State (4-1), which also got 15 points from Marchelus Avery. The Cowboys won in large part thanks to their impressive 3-point shooting (10-for-22, 45.5 percent). Oklahoma State backup guard Arturo Dean, a Miami native, posted eight points and one steal. He led the nation in steals last season while playing for Florida International. Miami (3-2) has lost two straight games in Charleston, failing to take a lead at any point. They will play on Sunday against either Nevada or VCU. The Hurricanes on Friday were led by Nijel Pack, who had a game-high 20 points. Brandon Johnson had a double-double for Miami with 12 points and 10 rebounds. Matthew Cleveland scored 11 points and Lynn Kidd and Paul Djobet added 10 points apiece for Miami. Miami, which fell behind 7-0 in Thursday's loss to Drake, got behind 9-0 on Friday as Abou Ousmane scored six of his eight points. Oklahoma State stretched its lead to 18 before settling for a 43-27 advantage at the break. Pack led all first-half scorers with 10 points, but Miami shot just 29.6 percent from the floor, including 3-of-13 on 3-pointers (23.1). Oklahoma State shot 48.4 percent, including 8-for-15 on 3-pointers (53.3 percent) before intermission. The Cowboys also had a 14-8 edge in paint points. In the second half, Miami closed its 20-point deficit to 55-42 with 12:12 left. Miami got a bit closer as two straight short jumpers by Kidd, trimming the deficit to 73-62 with 3:25 to play. The Hurricanes cut it to 77-70 on Pack's 3-pointer with 34 seconds remaining, but the Cowboys hit their free throws to close out the win. --Field Level Media
COLUMBIA, South Carolina (AP) — Victims' families and others affected by crimes that resulted in federal death row convictions shared a range of emotions on Monday, from relief to anger, after President Joe Biden commuted dozens of the sentences . Biden converted the sentences of 37 federal death row inmates to life imprisonment without the possibility of parole. The inmates include people who were convicted in the slayings of police, military officers and federal prisoners and guards. Others were involved in deadly robberies and drug deals. Three inmates will remain on federal death row: Dylann Roof , convicted of the 2015 racist slayings of nine Black members of Mother Emanuel AME Church in Charleston, South Carolina; the 2013 Boston Marathon Bomber, Dzhokhar Tsarnaev , and Robert Bowers, who fatally shot 11 congregants at Pittsburgh’s Tree of life Synagogue in 2018 , the deadliest antisemitic attack in U.S history. Opponents of the death penalty lauded Biden for a decision they'd long sought. Supporters of Donald Trump , a vocal advocate of expanding capital punishment, criticized the move as an assault to common decency just weeks before the president-elect takes office. Donnie Oliverio, a retired Ohio police officer whose partner was killed by an inmate whose death sentence was commuted, said the execution of “the person who killed my police partner and best friend would have brought me no peace.” “The president has done what is right here,” Oliverio said in a statement also issued by the White House, “and what is consistent with the faith he and I share.” Heather Turner, whose mother, Donna Major, was killed in a bank robbery in South Carolina in 2017, called Biden's commutation of the killer's sentence a “clear gross abuse of power” in a Facebook post, adding that the weeks she spent in court with the hope of justice were now “just a waste of time.” “At no point did the president consider the victims,” Turner wrote. “He, and his supporters, have blood on their hands.” There has always been a broad range of opinions on what punishment Roof should face from the families of the nine people killed and the survivors of the massacre at the Mother Emanuel AME Church. Many forgave him, but some say they can’t forget and their forgiveness doesn’t mean they don’t want to see him put to death for what he did. Felicia Sanders survived the shooting shielding her granddaughter while watching Roof kill her son, Tywanza, and her aunt, Susie Jackson. Sanders brought her bullet-torn bloodstained Bible to his sentencing and said then she can’t even close her eyes to pray because Roof started firing during the closing prayer of Bible study that night. In a text message to her lawyer, Andy Savage, Sanders called Biden’s decision to not spare Roof’s life a wonderful Christmas gift. Michael Graham, whose sister, Cynthia Hurd, was killed, told The Associated Press that Roof’s lack of remorse and simmering white nationalism in the country means he is the kind of dangerous and evil person the death penalty is intended for. “This was a crime against a race of people," Graham said. “It didn’t matter who was there, only that they were Black.” But the Rev. Sharon Richer, who was Tywanza Sanders’ cousin and whose mother, Ethel Lance, was killed, criticized Biden for not sparing Roof and clearing out all of death row. She said every time Roof’s case comes up through numerous appeals it is like reliving the massacre all over again. “I need the President to understand that when you put a killer on death row, you also put their victims' families in limbo with the false promise that we must wait until there is an execution before we can begin to heal,” Richer said in a statement. Richer, a board member of Death Penalty Action, which seeks to abolish capital punishment, was driven to tears by conflicting emotions during a Zoom news conference Monday. “The families are left to be hostages for the years and years of appeals that are to come,” Richer said. “I’ve got to stay away from the news today. I’ve got to turn the TV off — because whose face am I going to see?” Biden is giving more attention to the three inmates he chose not to spare, something they all wanted as a part of what drove them to kill, said Abraham Bonowitz, Death Penalty Action’s executive director. “These three racists and terrorists who have been left on death row came to their crimes from political motivations. When Donald Trump gets to execute them what will really be happening is they will be given a global platform for their agenda of hatred,” Bonowitz said. Biden had faced pressure from advocacy organizations to commute federal death sentences, and several praised him for taking action in his final month in office. Anthony D. Romero, executive director of the ACLU, said in a statement that Biden “has shown our country — and the rest of the world — that the brutal and inhumane policies of our past do not belong in our future.” Republicans, including Sen. Tom Cotton of Arkansas, on the other hand, criticized the move — and argued its moral ground was shaky given the three exceptions. “Once again, Democrats side with depraved criminals over their victims, public order, and common decency,” Cotton wrote on X. “Democrats can’t even defend Biden’s outrageous decision as some kind of principled, across-the-board opposition to the death penalty since he didn’t commute the three most politically toxic cases.” Liz Murrill, Louisiana's Republican attorney general, criticized the commuted sentence of Len Davis, a former New Orleans policeman convicted of orchestrating the killing of a woman who had filed a complaint against him. “We can’t trust the Feds to get justice for victims of heinous crimes, so it’s long past time for the state to get it done,” the tough-on-crime Republican said in a written statement to the AP. Two men whose sentences were commuted were Norris Holder and Billie Jerome Allen, on death row for opening fire with assault rifles during a 1997 bank robbery in St. Louis, killing a guard, 46-year-old Richard Heflin. Holder’s attorney, Madeline Cohen, said in an email that Holder, who is Black, was sentenced to death by an all-white jury. She said his case “reflects many of the system’s flaws,” and thanked Biden for commuting his sentence. “Norris’ case exemplifies the racial bias and arbitrariness that led the President to commute federal death sentences,” Cohen said. “Norris has always been deeply remorseful for the pain his actions caused, and we hope this decision brings some measure of closure to Richard Heflin’s family.” Swenson reported from Seattle. Associated Press writers Jim Salter in O'Fallon, Missouri, and Sara Cline in Baton Rouge, Louisiana, contributed to this report.Ketron Shaw scores 30 to lead Maryland Eastern Shore over Bryn Athyn 91-65League fines Hawks $100,000 for Young missing NBA Cup game