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Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pausePrime minister Narendra Modi on Sunday gave a clarion call for unity and brotherhood in the country in his final Mann ki Baat episode of the year, and urged people to “annihilate the feeling of division and hatred in the society” while he hailed the upcoming Kumbh Mela as a unique scene of unity in diversity. Modi also announced that a special website named constitution75.com has been created to connect the citizens of the country with the legacy of the Constitution. As the Prime Minister informed his audience of the preparations for the Maha Kumbh in Prayagraj from January 13, he hailed the spiritual festival as a manifestation of India’s diversity where there is no discrimination against anyone and everyone is treated equally. “The speciality of the Maha Kumbh is not only in its vastness. The speciality of the Kumbh is also in its diversity. Crores of people congregate for this event. Lakhs of saints, thousands of traditions, hundreds of sects, many akharas, everyone becomes a part of this event. There is no discrimination anywhere, no one is big, no one is small. Such a scene of unity in diversity will not be seen anywhere else in the world. Therefore, our Kumbh is also the Maha Kumbh of unity. This time’s Maha Kumbh will also bolster the mantra of Maha Kumbh of unity.” “Let me tell all of you; when we participate in the Kumbh, let us bring along this resolve of unity with us. Let us also make a resolve to annihilate the feeling of division and hatred in society. If I have to say it in a few words, then I will say Mahakumbh Ka Sandesh, Ek Ho Poora Desh... The message of the Mahakumbh, let the whole country be united... and putting it in another way, I will express Ganga Ki Aviral Dhara, Na Bate Samaj Hamara... Like the uninterrupted flow of the Ganga, let our society be undivided. Friends, this time in Prayagraj, devotees from the country and the world will also be witness to the digital Maha Kumbh,” the PM added. This is the second time in as many months that the PM has spoken about unity and peace in society. On November 11, speaking virtually at the 200th-anniversary celebrations of the Shri Swaminarayan Temple in Vadtal, Gujarat, Modi urged for collective action to safeguard national integrity. “Unity among citizens and integrity of the nation is important to make India a developed nation by 2047. Some forces are working to divide our society on the basis of caste, faith, language, social status, gender, and the rural-urban divide. We must recognise the gravity of these attempts by those who seek to harm our nation, understand the threat they pose, and work collectively to defeat such divisive acts,” Modi said. The PM also informed that for the first time an AI chatbot will be used at the mega carnival of humanity. “With the help of digital navigation, you will be able to reach different ghats, temples, and akharas of sadhus. The same navigation system will also help you reach parking spaces. For the first time, an AI chatbot will be used in the Kumbh event. All kinds of information related to the Kumbh will be available in 11 Indian languages through the AI chatbot. Anyone can ask for any kind of help through this chatbot, either by typing text or by speaking in. The entire fair area is being covered with AI-powered cameras,” the PM said. If a person gets separated from one’s kith and kin during the Kumbh, these cameras will help find them and devotees will also get the facility of a digital lost and found centre, the PM added. He spoke of how devotees will also be provided information about government-approved tour packages, accommodation and homestays on their mobile phones and a facility to click selfies with #EktaKaMahakumbh. As the government is making mega plans to celebrate 75 years of the installation of the Constitution — which has also been at the centre of major political battles in the recent past between the Congress and the BJP — the Prime Minister in his Mann ki Baat announced that a special website has been created to bring the common people closer to the spirit of the document. “On January 26, 2025, our Constitution is completing 75 years. It is a matter of great honour for all of us. The Constitution, handed over to us by our Constitution makers, has stood the test of time in every sense of the term. The Constitution is our guiding light, our guide. It is on account of the Constitution of India that I am here today, being able to talk to you. This year, on Constitution Day, the 26th of November, many activities have commenced that will go on for a year. A special website named constitution75.com has also been created to connect the citizens of the country with the legacy of the Constitution,” the PM said. “In this”, Modi added, “you can read the Preamble of the Constitution and upload your video. You can read the Constitution in myriad languages; you can also ask questions pertaining to the Constitution. I urge the listeners of Mann Ki Baat, school-going children, college-going youth, to visit this website and become a part of it.” Modi also touted the ministry of information and broadcasting’s upcoming WAVES Summit in New Delhi that the ministry wants to turn into India’s flagship entertainment conference, akin to what the Cannes Film Festival is to France. “A great opportunity is on the way to showcase India’s creative talent to the world. Next year, for the first time, the World Audio Visual Entertainment Summit, that is, WAVES Summit is going to be organised in our country. All of you must have heard about Davos, where the world’s economic giants gather. Similarly, in the WAVES Summit, giants from the media and entertainment industry and people from the creative world will come to India. This summit is an important step towards making India a hub of global content creation. I feel proud informing you that the young creators of our country are also joining with full enthusiasm in the preparations for this summit. When we are moving towards a $5 trillion economy, our creator economy is bringing in a new energy. “I would urge the entire entertainment and creative industry of India -- whether you are a young creator or an established artist, associated with Bollywood or regional cinema, a professional from the TV industry, an expert in animation, gaming or an innovator in entertainment technology -- to be a part of the WAVES Summit,” he said. The WAVES Summit was earlier scheduled to be held in Goa alongside IFFI in November but was rescheduled to four months later. Modi also told the country about the first Bastar Olympics that concluded earlier this month and saw the participation of 165,000 players from seven districts. “You will also be happy to know that this is taking place in the region which was once a witness to Maoist violence,” he said. The events included athletics, archery, badminton, football, hockey, weightlifting, karate, kabaddi, kho-kho, and volleyball. “Bastar Olympics is not just a sports event. It is a platform where development and sports are merging together, where our youth are honing their talent and building a new India,” he said.
The Kansas City Chiefs picked up a road victory — but in true 2024 form, they didn’t make it easy on themselves. Quarterback Patrick Mahomes led a game-winning drive inside the last two minutes, lifting the Chiefs to a 30-27 win over the Carolina Panthers on Sunday afternoon at Bank of America Stadium in Charlotte, N.C. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
WHO chief 'narrowly escaped death' after Israel struck Yemen airport
S&P 500 components ( ) and ( ), and ( ), ( ) and ( ) are in focus for this week's stock market. The Dow Jones and the S&P 500, fell Friday, slashing weekly gains. However, the stock market rally is acting well, despite remaining somewhat divided. End-of-year light trading and potential tax-related selling in early January could add some turbulence to the market. With this is in mind, investors should keep an eye on these five stocks, which are setting up and are potentially actionable, as they assess current holdings and work on watchlists for stock market action. Investors should also keep tabs on the , the and along with the list for the week's stock market start. Boston Scientific Stock BSX edged down 0.9% to 90.66 during on Friday. But shares rose 1.9% for the week, bouncing off the and . Boston Scientific stock has been trading tightly for several weeks, forming a with a 91.93 buy point as of Friday's close, according to . It should be noted the base is long, dating back to August. Boston Scientific stock has gained around 57% in 2024 but the average analyst price target sits at 101.06, according to FactSet. That represents a further 11% upside for the S&P 500 medtech. While BSX has surged in 2024, the 126 stocks in the industry group have collectively only advanced 1.5% this year. Last week, Truist analysts raised their price target on Boston Scientific to 110 from 100 and kept a buy rating on the shares. The firm broadly sees the medical technology sector as "one of the better/safer houses" in health care given its lower "front-line" exposure to health care policy rhetoric that is tied to the White House change of guard. Earlier this month, Citi also raised its BSX price target to 107 from 98. The firm predicts this year's BSX momentum will continue in 2025 with growth buoyed by the Farapulse pulsed-field ablation and continued adoption and penetration of the company's "Watchman" left atrial appendage closure device. Boston Scientific was Thursday's . Boston Scientific stock has a 93 out of a best-possible 99. The stock also has an 88 and a 92 . Burlington Stores Stock BURL fell 1% to 292 Friday, but rose 2.4% for the week. For weeks, shares have been trading in or near a from a base of 279.51 after breaking out on Nov. 22. BURL stock is technically in the buy zone from that base. But it now has a new flat base with a 298.88 buy point. Investors could use Thursday's high of 295.18 as an early entry. Burlington is featured in this . Burlington has surged 67% from its April low. The stock is up about 50% so far this year and trading around its highest level since December 2021. Shares received a number of price-target hikes in the wake of Burlington's Q3 earnings report and Black Friday sales. Burlington Stores on Nov. 26 reported a 41% increase in Q3 earnings to $1.55 per share adjusted, meeting FactSet expectations. Total revenue rose about 11% to $2.53 billion, short of estimates for $2.55 billion. Chief Executive Michael O'Sullivan noted that third-quarter comparable-sales trends started out "very strongly" for the company's winter outerwear stronghold. However, comparable sales were up 4% during the quarter if cold weather categories were excluded, which represented 15% of sales for Q3. The comp growth is consistent with the trajectory Burlington has seen since March, O'Sullivan said, adding that the company is "very encouraged" by the underlying sales trend. However, the discount retailer provided cautious guidance for the fourth quarter, expecting comparable-sales growth to range from 0% to 2%. On Dec. 2 Goldman Sachs analysts added Burlington Stores to the firm's "U.S. Conviction List" as part of its monthly update. The firm has a buy rating on BURL shares with a 334 price target. Goldman sees Burlington's value offering as "ideally positioned for today's economy." Several discounters, including off-price rival ( ), have been acting well. Burlington Stores stock has a 92 Composite Rating out of a best-possible 99. The stock also has an 86 Relative Strength Rating and an 88 EPS Rating. S&P 500: Fortinet Stock Performance Fortinet fell 1.2% to 96.08 in Friday's stock market, trading about 4% below a traditional 100.59 buy point from a flat base after a strong run-up on earnings, according to MarketSurge chart recognition. Shares ended the week just above their 21-day line. A move above this past week's high of 97.83 could offer aggressive investors an early entry. Fortinet competes in the firewall network security market vs. ( ), ( ) and others. Firewalls reside between private networks and the internet. They block unauthorized traffic and check web applications for malware. As large companies shift to off-premise cloud computing services, one view is that firewall technology will play a lesser role. Fortinet has targeted software-defined wide area networks, or SD-WANs, an emerging computer networking technology. In November, Fortinet , with expectations billings and revenue will grow at a 12% CAGR. The forecast came in slightly above analyst predictions. The company did not give preliminary 2025 guidance. Fortinet stock has a strong 99 Composite Rating. The S&P 500 stock also has a 93 Relative Strength Rating and a 99 EPS Rating. MasTec Stock MTZ shares sank 2% to 135.73 on Friday, back below its recently regained 50-day and 21-day lines. A move above the Dec. 24 high of 140.06 would break a downtrend and offer investors an early entry opportunity. The stock has a three-weeks-tight pattern with a 150.12 buy point, according to MarketSurge chart analysis. It's working on a possible flat base but will need another week. MasTec is an infrastructure and construction services firm with segments including communications, oil and gas and clean energy. The communications segment performs engineering, construction, maintenance, and customer fulfillment activities related to communications infrastructure — primarily for wireless and wireline/fiber communications. The firm is also involved in electric utility transmission and distribution along with heavy civil works projects and industrial infrastructure. The company reported better-than-expected third-quarter earnings on Oct. 31, while revenue came in a little light. MasTec Q3 profit grew 70% and analyst consensus has Q4 EPS jumping 86%, according to FactSet. Analysts project annual 2024 profit increasing more than 80% and surging 160% in 2025, compared to 2023 levels. Truist analysts on Dec. 19 raised the price target on MasTec to 189 from 173, keeping a buy rating on the stock as part of a broader research note previewing 2025 for machinery and infrastructure services industrials. The price target hike represents further 36% upside for the stock. The firm wrote that after a strong 2024, the anticipated large-scale investment in infrastructure, renewable energy and data center projects supports continued long term secular growth among infrastructure services names. The stock has gained more than 80% in 2024 while the 21 stocks in the industry group have collectively advanced 70% this year. MasTec stock has a robust 91 Composite Rating. The stock also has a 91 Relative Strength Rating and a 69 EPS Rating. Vertex Stock VERX shares sank 2.1% to 52.71 during Friday's stock market action, but came off lows after undercutting the lows of its recent pullback. The financial software maker is back below its 21-day moving average. A move above Friday's high of 54.48 would break a short downtrend, offering an early entry. Vertex stock is working on a possible new base, but needs more time. Shares also could test a rising 10-week line. Vertex stock had several high volume gains throughout November, with several . Several ANTS marks on a chart can be a signal to consider some profits in the short term. But it's also a reason to watch for a new base. The stock surged more than 30% in November but is down less than 1% in December. On Dec. 18, Stifel analyst Brad Reback raised the firm's price target on Vertex to 58 from 52 and maintained a buy rating. Reback wrote that after a bumpy start to 2024, the year is "ending on a higher note" for the enterprise software group. The analyst expects management to take a more conservative approach to Q1 guidance, but overall believes that "in general top-line growth rates should at least mirror what we have seen during the back half of 2024 due to many of the above mentioned factors." Overall, the corporate tax compliance software maker has had a successful 2024, gaining around 100% so far. Recent acquisitions have helped the investment case for Vertex. At the end of 2023, Vertex announced plans to acquire e-invoicing leader for $555 million. In June, the company acquired tax-specific AI technology and on Aug. 7, the company announced its intent to acquire Ecosio GmbH, an Austrian company that provides electronic data interchange and e-invoicing services. Vertex stock has a perfect 99 Composite Rating. The stock also has a 95 Relative Strength Rating and a 93 EPS Rating.