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Trump's against climate action. But some right-wing governments are all for it
* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% (Updates with mid-afternoon trading) By Abigail Summerville and Johann M Cherian Nov 21 (Reuters) - Wall Street's main indexes turned positive after choppy trading on Thursday, with the blue-chip Dow touching a one-week high. Dow Jones Industrial Average gains were aided by cloud company Salesforce's 5.2% advance after three brokerages lifted their price targets on the stock. Shares of Wall Street's biggest company, Nvidia, were up 0.8% after teetering following its earnings release on Wednesday. The chip company surpassed expectations for quarterly results, and projected fourth-quarter revenue above estimates. "[Nvidia's] earnings report was really, really good. Some of the whisper numbers were higher and they disappointed there, but the fundamentals of AI and Nvidia continue to fire on all cylinders and the outlook for next year is positive," said Anthony Saglimbene, chief market strategist at Ameriprise Financial. Some investors were unimpressed that the forecast was its slowest in seven quarters. The broader Philadelphia SE Semiconductor index was up 1.5%. At 2 p.m. ET, the Dow rose 516.64 points, or 1.19%, to 43,925.11, the S&P 500 gained 38.62 points, or 0.65%, to 5,955.73 and the Nasdaq Composite gained 42.92 points, or 0.22%, to 19,008.22. Alphabet slid 5.4% to touch a more than two-week low after the Justice Department argued to a judge that Google must sell its Chrome browser and take other measures to end its monopoly on online search. The stock's losses weighed on the communication services sector, which fell 1.93% and was the biggest sectoral decliner on the S&P 500. Amazon.com lost 2% after a report said it will likely face an EU investigation next year into whether it favors its own brand products on its online marketplace. On the data front, a weekly report on jobless claims showed they fell unexpectedly last week, suggesting a rebound in job growth in November. Investors will be closely monitoring commentary from Federal Reserve officials before the mid-December FOMC meeting. Money-market bets are in favor of a 25-basis-point interest rate cut by the Fed in December, according to the CME Group's FedWatch. "We’ve moved on from the election a bit, we got the Nvidia report, so the next thing markets will look for is the Fed meeting, and some policy speak from Fed officials this week have pointed to maybe a pause in the making for December," Saglimbene said. Richmond Fed President Tom Barkin said the United States is more vulnerable to inflationary shocks than in the past, according to a media report. Chicago Federal Reserve President Austan Goolsbee said on Thursday he supports further interest rate cuts and is open to doing them more slowly. Traders also monitored geopolitical tensions between Ukraine and Russia that sent crude prices higher and aided a 1.1% gain in the energy sector. Shares of machinery manufacturer Deere gained 9% after reporting an upbeat fourth-quarter profit, while AI company Snowflake jumped 34% after raising its annual product revenue forecast. Advancing issues outnumbered decliners by a 3.46-to-1 ratio on the NYSE and by a 2.25-to-1 ratio on the Nasdaq. The S&P 500 posted 62 new 52-week highs and four new lows while the Nasdaq recorded 122 new highs and 127 new lows. (Reporting by Abigail Summerville in New York; additional reporting by Purvi Agarwal and Johann M Cherian in Bengaluru; Editing by Rod Nickel)
Virtual Data Room Expansion: From USD 1.7B in 2022 to USD 7.57B by 2031, at 18.2%.Heat say Jimmy Butler will miss 2 more games before rejoining team next weekNone
Hillsborough Sheriff Chad Chronister withdraws as Trump's nominee to lead DEA
GREEN BAY, Wis. (AP) — Defending the run has been one of the Green Bay Packers’ weaknesses over the last several years. Not so much lately, though. Green Bay limited San Francisco to 16 carries for 44 yards in a 38-10 rout of the 49ers on Nov. 24, with two-time All-Pro Christian McCaffrey gaining 31 yards on 11 attempts. Four nights later, the Packers beat Miami 30-17 by holding the Dolphins to 39 yards on 14 carries. It was the first time since 1995 — and only the second time since 1950 — that the Packers had allowed fewer than 45 yards rushing in back-to-back games within the same season. “I think we’re playing harder and harder each week,” first-year defensive coordinator Jeff Hafley said. “And that’s how you play good defense.” That defense needs to be at its best Thursday as the Packers (9-3) close a stretch of three games in 12 days by visiting the NFC North-leading Detroit Lions (12-1), who have the NFL’s highest-scoring offense thanks in part to a rushing attack featuring the speedy Jahmyr Gibbs and the physical David Montgomery. “Gibbs is a great running back,” defensive lineman Kenny Clark said. “I really think the offense really starts with him, honestly. He can do everything — receive, in-and-out runner, can do stretch, duo plays. We’ve got to have all hands on deck with Gibbs. And then Montgomery, he’s a great complement to him. He can do everything, also.” The Lions were the first team since the 1975 Miami Dolphins to rush for at least 100 yards and a touchdown in each of their first 11 games. The streak ended on Thanksgiving when the Lions rushed for 194 yards but didn’t have a touchdown on the ground in a 23-20 victory over the Chicago Bears. Green Bay outrushed Detroit 138-124 in the Packers’ 24-14 loss to the Lions on Nov. 3 at Lambeau Field. Montgomery rushed for 73 yards while Gibbs ran for 65 yards and a touchdown. Gibbs has 973 yards this season, which ranks fourth in the NFL. Montgomery ran for a combined 192 yards and four touchdowns in the Lions’ two games against the Packers last season. Green Bay’s run defense has come a long way since. The Packers have allowed 106.6 yards rushing per game this season, which ranks eighth in the league. The Packers haven’t closed a season in the top 10 in run defense since 2016 and have finished outside the top 20 in four of the last six years, including 26th in 2022 and 28th in 2023. “I think Haf’s doing a good job of mixing up the fronts and some of the coverages, but really it’s ultimately about tackling, swarming, getting many hats to the football,” Packers coach Matt LaFleur said. “And our guys have really embraced that style of play.” The Packers are yielding 4.2 yards per carry to rank seventh in the league after finishing 22nd or worst in that category each of the last three seasons. They haven’t closed a season ranked in the top 10 in yards allowed per carry since 2017. Hafley says the improvement starts up front. “The interior part of our D-line has done such a good job these last few games,” Hafley said. “They really have. They’re hard to block. They’re staying in their gaps. They’re tearing off of blocks, and it’s the same thing with those defensive ends. They’re setting edges, they’re forcing the ball back inside, they’re getting off blocks and then we’re tackling and we’re running to the ball and there’s multiple people to the ball. “And when you turn on our tape right now and when you freeze it, you see that. You see a lot of guys around the football. And then you’re not afraid, right? Like if I have an open-field tackle and I know eight other guys are coming, I’m going to take my shot because I know if I miss, it’s going to be, ‘Bang, bang, bang,’ we’ve got three or four other guys there, and we’re starting to play faster.” Green Bay's defense has the Lions’ attention. “They’ve been playing well,” Detroit coach Dan Campbell said. “I mean, they have, really, all season, and nothing has changed.” AP Sports Writer Larry Lage contributed to this report. AP NFL: https://apnews.com/hub/NFL