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U.S. stock indexes drifted lower following some potentially discouraging data on the economy. The S&P 500 fell 0.5% Thursday, its third loss in the last four days. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.7% from its record set the day before. A report earlier in the morning said more U.S. workers applied for unemployment benefits last week than forecast. A separate update showed that inflation at the wholesale level was hotter last month than economists expected. Adobe sank after issuing weaker-than-expected financial forecasts. Treasury yields rose in the bond market. On Thursday: The S&P 500 fell 32.94 points, or 0.5%, to 6,051.25. The Dow Jones Industrial Average fell 234.44 points, or 0.5%, to 43,914.12. The Nasdaq composite fell 132.05 points, or 0.7%, to 19,902.84. The Russell 2000 index of smaller companies fell 33.08 points, or 1.4%, to 2,361.08. For the week: The S&P 500 is down 39.02 points, or 0.6%. The Dow is down 728.40 points, or 1.6%. The Nasdaq is up 43.07 points, or 0.2%. The Russell 2000 is down 47.91 points, or 2%. For the year: The S&P 500 is up 1,281.42 points, or 26.9%. The Dow is up 6,224.58 points, or 16.5%. The Nasdaq is up 4,891.49 points, or 32.6%. The Russell 2000 is up 334.01 points, or 16.5%.
Not to flex—but here at SELF, we test a lot of products. In order to get the intel we need for our signature awards (like our Healthy Beauty Awards , Sneaker Awards , and Home Fitness Awards ) and in-depth reviews and recommendations, we rack up tons of hours trying the best activewear, beauty products, fitness equipment, pantry staples, and more. Plus, we’re just generally a group of humans who love to shop. Now that the holidays are here, we want to tell you about the stuff living rent-free in our heads that we think would make great gifts for anyone on your list. Our favorite picks include a self-heating mug, a comfy cashmere hoodie, a customizable photo album, and even a funky puzzle. Whether you’re shopping for friends, family, coworkers, or yourself (hey, you deserve a little treat !), you can find something they’ll love—take it from the SELF editors and testers who already do. Our top picks Ember Smart Mug 2 Shark Smoothstyle Bombas Sunday Slipper Therabody Theragun Mini Cozy Earth Short Sleeve & Pant Bamboo Pajama Set For more present picks, check out all of the best gift ideas of 2024 . Ember Smart Mug 2 Ember Amazon This self-heating mug can keep their coffee or tea steaming hot for up to 80 minutes (or all day on its charging base), so they won’t have to keep nuking it in the microwave. SELF’s senior commerce writer says this is one of her favorite presents she’s ever received: “The best gifts can make your everyday life feel a little fancier, and that’s exactly what this did—it’s easy to charge and connect to the app you use to operate it; it has a really nice weight to it; and it keeps my coffee seriously hot, even after I’ve dumped a bunch of almond milk in it,” she says. Reigning Champ Robe Reigning Champ Amazon Reigning Champ As comfy as their favorite hoodie , this robe will make sipping their morning brew a truly indulgent experience. One SELF editor says it’s the definition of luxury: “It’s the perfect weight; it has cuffed sleeves (so no dragging through food or sink water); and it has a hood, which I’ve found truly completes the cozy vibe .” Papier Our Family Annual Large Hardback Photo Book Papier Papier A photo album is always a hit—it’s a sweet memento to have in their home and it’s entertaining to flip through. A SELF editor recommends this one from Papier: “I used its photo book for my wedding album—it’s such a lovely keepsake, and the paper quality is so sturdy,” she says, adding that there are tons of ways to personalize it. “Everything is super high quality and there are so many design options that feel chic, modern, classy, and beautiful.” Manduka’s Eko Yoga Mat Manduka Amazon Zappos Dick's Manduka Don’t underestimate how much a solid yoga mat can improve their practice. SELF’s senior commerce writer has used this Manduka mat for the last year during her daily flows. Its zebra-striped texture makes sure clammy hands won’t slide, and it grips the floor like it’s been super-glued in place. “The greatest gift you can give a yoga lover is the promise that they won’t slip on their own sweat in the middle of a sequence—and with the Eko Mat, those days are blessedly behind me,” she says. Owala FreeSip Owala Amazon REI Owala Dick's Sporting Goods Several SELF staffers roll up to the lunch table carrying this water bottle—it’s a real crowd-pleaser. It keeps H2O icy cold for hours, has a leakproof, lockable lid, and comes in a bunch of funky colorways. But our favorite feature is its combo spout, which has a larger opening for glugging water and a smaller one attached to a straw for sipping. “I’m convinced that once you try the two-in-one spout, you’ll wonder how you ever lived without it,” SELF’s senior commerce editor wrote in her review of the Owala . “I’ve already yapped about it enough to convince a few friends and family to pick up their own (mostly so they’d stop borrowing mine).” Loop Experience Ear Plugs Loop Amazon Loop As SELF’s senior commerce writer puts it, these Loop ear plugs have “saved [her] from being a cranky elder millennial at concerts.” They’re tiny and tech-free, but make a huge difference—they dampen cacophonous background noise while still allowing vocals and instruments to sound crisp. “They’ve helped me enjoy shows that I probably would have found too loud or overwhelming otherwise, and they don’t draw attention to themselves or need to be readjusted a million times in order to work properly,” our writer says. Shark Smoothstyle Shark Ulta Sephora Amazon If they hate doing battle with their blow-dryer, the Shark SmoothStyle will be a game-changer for them. It dries and straightens my long, wavy-curly hair in about 20 minutes. But my favorite feature is the heated combs—which only turn on when the air is off—because they make my hair extra smooth and bouncy. And nothing says gift-worthy like someone asking “where’d you get this thing?” (which is exactly what my mom and friend wondered when they tried mine). Bombas Sunday Slipper Bombas Bombas If they’re constantly walking around the house in socks—or worse, bare feet—these slippers are about to majorly upgrade their life. “I feel sooo fancy and bougie with these on!” SELF’s lifestyle writer says. “They look chic and expensive (they kind of are, but the quality is legit). They come in all sorts of fun colors and are super soft and durable.” Cozy Earth Short Sleeve & Pant Bamboo Pajama Set Cozy Earth I’ve worn these pajamas every single week since getting them over six months ago. That also means they’ve been washed once a week, but they still feel as silky as they did on day one and haven’t pilled at all. I love the combo of a short-sleeve top and long pants, especially because I don’t have to keep rolling up my sleeves while washing my face or making breakfast. Plus, I can wear them in the summer without overheating. Rare Beauty Find Comfort Gentle Exfoliating Body Wash & Hydrating Body Lotion Rare Beauty Sephora Rare Beauty Sephora I tried Rare Beauty’s body lotion for our Healthy Beauty Awards (spoiler alert: It’s a winner), and fell in love with its fresh scent and lightweight, creamy formula. But adding the body wash to my routine really took my self-care to the next level. It has a gel consistency and little exfoliating beads that give my skin a gentle scrub. Plus, it fills my shower with the lotion’s same notes of fresh lemon zest and vetiver. Athleta All About Backpack Athleta Athleta Giving them a sleek bag they can bring to the gym, take on a trip , or use as a work bag ? How thoughtful of you. “It can be tough to find a backpack that doesn’t give middle school, but this one is simple and stylish,” SELF’s senior commerce editor says. “The size is deceiving—it’s pretty small, but I can fit a ton of stuff inside.” It has all of our must-haves, like an internal water bottle sleeve, a padded laptop compartment, a zippered pocket, and a loop for their keys. Lululemon Everywhere Belt Bag 1L Lululemon Lululemon This belt bag first took the internet by storm a few years ago, but it still holds up for several SELF editors. I break it out any time I’m going for a stroll around my neighborhood or a quick grocery run. It fits the essentials: phone, wallet, keys. And its small size is perfect for concerts or other live events with bag restrictions. Brooklinen Washed Linen Core Sheet Set Brooklinen Brooklinen I was skeptical of how comfortable linen sheets could be when my mom gifted me this set last year—but now, I totally get the hype. They’re soft and warm like flannel, but still breathable and lightweight, so I sleep like a baby. Sonos Ace Headphones Sonos Amazon Best Buy If they have a long train commute or live in a loud neighborhood, grab them some noise-canceling Sonos Ace Headphones to protect their peace. “The padded headband and ear cups are the right balance of firm and plush, and the noise cancellation and transparency modes work really well,” one SELF editor says. “I especially love how lightweight they are—I can wear them for hours while I work from home and they never feel too heavy or uncomfortable.” Bonus: They also come with a carrying case, so your giftee can toss them in a bag or suitcase worry-free. Sistine Stretch Good Body Oil Sistine Sistine This Healthy Beauty Award–winning body oil might be the product that gets them to start moisturizing from head to toe. “I’ve never had a good body oil before, and now I don’t know how I lived without one,” our tester says. “It doesn’t absorb super quickly, which I actually like. It leaves you with that freshly hydrated, slippery feeling for a good couple of hours, which is why I’d recommend using it before bed.” And while we know it’s what’s on the inside that counts, the packaging is too gorgeous not to give a shout. Lanolips 12-Hour Overnight Lip Mask Lanolips Ulta Anthropologie Nourishing hyaluronic acid and ceramides are the star ingredients in this Healthy Beauty Award–winning lip balm . “I LOVE LOVE LOVE this!” our tester says. “I work in a hospital and have to wear a mask for many hours, which dries out my lips. After having this on all day, my lips stayed moisturized, thanks to its super thick consistency.” Therabody Theragun Mini Therabody Amazon Walmart Therabody Best Buy Don’t be surprised if you get a call thanking you for gifting them this gem of a device. They can use Therabody’s Home Fitness Award–winning massage gun on tight muscles after a workout or almost any ache. “It's nice and compact, but still so strong and effective on sore spots!” one SELF editor says. “I love that pulling it out to use doesn't feel like a whole to-do—it's really purely self-care. I've also had it for four years, and it's still in perfect condition.” Magic Puzzle Company The Sunny City Jigsaw Puzzle (1000-Piece) Magic Puzzle Company Amazon Target Bring back the fun of opening a holiday gift they can play with immediately by getting them this whimsical jigsaw puzzle . While they make progress fitting together all 1,000 pieces, they’ll have at least 50 Easter eggs to spot as an added challenge. “Once you finish, there’s an added element where you can rearrange the whole image and get an extra set of pieces to build out a surprise ending, which is very cute,” one SELF editor says. Kindle Paperwhite Amazon Amazon Amazon Amazon Even a lengthy novel will be lightweight and portable when they read it on a Kindle Paperwhite . Good news if they’re wary of adding another screen to their life: It’s anti-glare and emits very little blue light, so it’s easy on the eyes and shouldn’t cause headaches. “I went from maybe picking up one book a month to flying through entire novels in a single day,” SELF’s senior commerce editor wrote in her review. “Now, I actually look forward to waiting in long lines or hopping on the subway—any excuse to pull my Kindle out and sneak in another chapter.” Etam Pallie Cashmere Hooded Sweater Etam Etam This cashmere hoodie is equally cozy and sleek, which is why one SELF editor reaches for it over and over again. She loves the loose—but not too oversized—fit, and the way the cuffed wrists and cinched waist give it more structure. “It's one of my absolute favorite pieces to wear snuggling on the couch or out to brunch with my girlfriends,” she says. How We Picked These Products Every single product on this list has been tested by SELF staff or contributors. We try new products day in and day out, whether it’s for our awards or in our everyday lives. Now that it’s gift-giving season, we leaned on our experience to come up with a curated list of our all-time favorite finds, including products we’ve gifted our own loved ones. Related: 58 Actually Useful Gifts All Practical People Will Appreciate 51 Thoughtful Gifts for People Who Have Everything 29 Subscription Gifts You Can Send Last-Minute Get more of SELF’s stellar gift guides and product recommendations delivered right to your inbox (for free!).
The major indices move lower on the day ahead of the Thanksgiving day holiday tomorrow. The markets will reopen on Friday. The mega caps and technology stocks moved lower with Dell leading the way after disappointing guidance for the Q4: A snapshot of the closing levels shows: Dow industrial average -138.25 points or -0.31% and 44722.06 S&P index -22.89 points or -0.38% and 5998.74. NASDAQ index -113.82 points or -0.59% at 19060.48 Russell 2000 did close marginally higher by 1.883 points or 0.08% and 2426.19. Dell shares led the decline with a decline of $-17.36 or -12.25% at $124.38. Earnings be expectations but revenues and guidance fell short. Other movers today included : Oracle fell -4.03% Nvidia -1.15% Microsoft -1.17% Amazon -1.02% Meta -0.76% Intel -1.66% Tesla -1.58% Arm Holding -2.45% Tesla -1.58% AMD -1.07% Taiwan Semi Conductor -1.44% CrowdStrike -4.59% Salesforce -3.84% Adobe -2.21% After the closing FTC has launched a broad antitrust investigation of Microsoft. Shares are down an additional -0.48% in after-hours trading.WASHINGTON (AP) — President-elect Donald Trump’s nominee to be secretary of the Navy, John Phelan, has not served in the military or had a civilian leadership role in the service. While officials and defense experts said the Navy is in sore need of a disruptor, they cautioned that Phelan’s lack of experience could make it more difficult for him to realize Trump’s goals. Trump late Tuesday nominated Phelan, a major donor to his campaign who founded the private investment firm Rugger Management LLC. The Trump transition team did not respond to a request for comment on his qualifications. According to his biography, Phelan’s primary exposure to the military comes from an advisory position he holds on the Spirit of America, a non-profit that supports the defense of Ukraine and the defense of Taiwan. Not all service secretaries come into the office with prior military experience, but he’d be the first in the Navy since 2006. Current Secretary of the Army Christine Wormuth similarly does not have prior military service. She, however, has spent her career in a host of defense civilian positions. The appointment comes at a critical moment for the Navy, which has been stretched thin with deployments around the world and must contend with a shrinking fleet even as the naval forces of its main rival, China, are growing. Trump has campaigned on expanding the Navy and would need to fight bureaucratic inertia to do so. But it’s uncertain whether a secretary with no military experience — either in uniform or as a defense civilian — would be well-positioned to lead that effort. RELATED COVERAGE Canada is already examining tariffs on certain US items following Trump’s tariff threat Federal court dismisses defamation lawsuit against Fox News for Jan. 6 conspiracy theory Canada lynx proposed for new habitat protections in US southern Rockies “It will be difficult for anyone without experience in the Pentagon to take over the leadership of a service and do a good job,” said Stacie Pettyjohn, a senior fellow and director of the defense program at the Center for a New American Security. “Services are sprawling organizations with distinct cultures, subcultures and bureaucratic interests, and where decisions are made through many formal processes. To change a service’s plans, one must understand this Byzantine landscape.” What to know about Trump’s second term: Staffing the administration: Here are the people Trump has picked for key positions so far. Plus, a look at recess appointments and how could Trump use them to fill his Cabinet. Follow all of our coverage as Donald Trump assembles his second administration. Experts said Phelan’s nomination reflects that Trump is seeking service branch heads who will not push back on his ideas — but that Phelan’s lack of experience is likely to create issues and delays of its own, They say the Navy can’t afford to lose time. One of the Navy’s biggest challenges is preparing for a potential military confrontation with China over Taiwan, a self-ruled island that China claims as its own. ” The stakes are high ,” said Brad Bowman, senior director of the Center on Military and Political Power at the Foundation for Defense of Democracies. “The success or failure in addressing key problems in the U.S. Navy over the next couple years may have a decisive effect on war and peace in the Taiwan Strait and elsewhere.” Trump has called for a 350-ship Navy since his 2016 presidential campaign, but he experienced first-hand the difficulty in realizing that goal, given the challenges to shipbuilding and the erratic and often delayed congressional budget process. There are just under 300 battle force ships in the fleet — vessels that have a direct role in conducting combat operations. “The Navy is stretched covering Europe, the Middle East and the Pacific. Strategists have wanted to pull back from Europe and the Middle East, but recent conflicts have prevented that,” said Mark Cancian, a senior adviser at the Center for Strategic and International Studies. “So the next secretary will have a shrinking fleet, expanded overseas commitments, and an uncertain budget environment.” The Marine Corps has called for 31 amphibious warships to help it maintain a close-to-shore presence around the globe. The Navy regularly has had to extend the deployments of its aircraft carriers and escorting destroyers, for example, to respond to the unstable security situation in the Middle East. Each extension can create rippling effects: Ships don’t get maintained on schedule, and forces get tired of the lack of predictability for their families and leave the service. Service branch chiefs spend vast amounts of time not only responding to the White House but also appeasing members of Congress in frequent hearings on Capitol Hill, shaping budget requests, holding constant meetings on service member issues, attending industry conferences and filling speakers requests. That all requires a nuanced understanding of the service that a secretary is leading, because major change in any of the branches often involves a lengthy process to review directives and past policy. Any changes to the many weapons systems the Navy and Marine Corps need and pursue are subject to lengthy contract award challenges. “The Navy’s problem here is money,” Cancian said. “Even if the defense budget goes up, there will only be a relatively small increase available for shipbuilding. (If) the budget stays steady or goes down, then the Navy will have a major problem. The fleet will continue to shrink.” Trump has signaled through multiple appointments, such as his selection of SpaceX founder Elon Musk to co-lead a nongovernmental Department of Government Efficiency, that he seeks to cut through red tape. But the service secretary can’t do that without moving through Congress, which has produced many of those regulations and processes the military must follow. “It might help that he has a personal relationship with the president. However, his lack of experience in defense and the Pentagon will hurt the Navy,” Cancian said. “It will take him a while to learn the levers of power.”
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