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2025-01-25
NEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far. The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium. The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier. AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027. On the losing end of Wall Street was U.S. Steel, which fell 8%. President-elect Donald Trump reiterated on social media that he would not let Japan’s Nippon Steel take over the iconic Pennsylvania steelmaker. Nippon Steel announced plans last December to buy the Pittsburgh-based steel producer for $14.1 billion in cash, raising concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security. Earlier this year, President Joe Biden also came out against the acquisition. Tesla sank 1.6% after a judge in Delaware reaffirmed a previous ruling that the electric car maker must revoke Elon Musk’s multibillion-dollar pay package. The judge denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring the company to rescind the unprecedented pay package. All told, the S&P 500 rose 2.73 points to 6,049.88. The Dow fell 76.47 to 44,705.53, and the Nasdaq composite gained 76.96 to 19,480.91. In the bond market, Treasury yields held relatively steady after a report showed U.S. employers were advertising slightly more job openings at the end of October than a month earlier. Continued strength there would raise optimism that the economy could remain out of a recession that many investors had earlier worried was inevitable. The yield on the 10-year Treasury rose to 4.23% from 4.20% from late Monday. Yields have seesawed since Election Day amid worries that Trump’s preferences for lower tax rates and bigger tariffs could spur higher inflation along with economic growth. But traders are still confident the Federal Reserve will cut its main interest rate again at its next meeting in two weeks. They’re betting on a nearly three-in-four chance of that, according to data from CME Group. Lower rates can give the economy more juice, but they can also give inflation more fuel. The key report this week that could guide the Fed’s next move will arrive on Friday. It’s the monthly jobs report , which will show how many workers U.S. employers hired and fired during November. It could be difficult to parse given how much storms and strikes distorted figures in October. Based on trading in the options market, Friday’s jobs report appears to be the biggest potential market mover until the Fed announces its next decision on interest rates Dec. 18, according to strategists at Barclays Capital. In financial markets abroad, the value of South Korea’s currency fell 1.1% against the U.S. dollar following a frenetic night where President Yoon Suk Yeol declared martial law and then later said he’d lift it after lawmakers voted to reject military rule. Stocks of Korean companies that trade in the United States also fell, including a 1.6% drop for SK Telecom. Japan’s Nikkei 225 jumped 1.9% to help lead global markets. Some analysts think Japanese stocks could end up benefiting from Trump’s threats to raise tariffs , including for goods coming from China . Trade relations between the U.S. and China took another step backward after China said it is banning exports to the U.S. of gallium, germanium, antimony and other key high-tech materials with potential military applications. The counterpunch came swiftly after the U.S. Commerce Department expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. In China, stock indexes rose 1% in Hong Kong and 0.4% in Shanghai amid unconfirmed reports that Chinese leaders would meet next week to discuss planning for the coming year. Investors are hoping it may bring fresh stimulus to help spur growth in the world’s second-largest economy. In France, the CAC 40 rose 0.3% amid continued worries about politics in Paris , where the government is battling over the budget. AP Business Writers Yuri Kageyama and Matt Ott contributed.Kylian Mbappe and Jude Bellingham help Real Madrid stay on Barcelona’s heelsonline casino games free 100

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We asked 5 AI chatbots to pick stocks for 2025. Here's what they saidWALTHAM, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology therapies for people living with cancer, today announced that, effective December 1, 2024, the company granted non-qualified stock options to purchase 8,400 shares of its common stock to one new employee under Xilio Therapeutics’ 2022 Inducement Stock Incentive Plan. The stock options have an exercise price of $1.09 per share, which is equal to the closing price of the company’s common stock on November 29, 2024. Each stock option will have a ten-year term and will vest as to 25% of the shares underlying the stock option on the first anniversary following commencement of employment, and the remaining 75% of the shares underlying each stock option will vest in 36 equal monthly installments thereafter, subject to continued service with the company or any of its subsidiaries through each applicable vesting date. The stock options are subject to the terms and conditions of Xilio Therapeutics’ 2022 Inducement Stock Incentive Plan, as well as the terms and conditions of the stock option agreement covering the grant and were made as an inducement material to the individual entering into employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4). About Xilio Therapeutics Xilio Therapeutics is a clinical-stage biotechnology company discovering and developing tumor-activated immuno-oncology (I-O) therapies with the goal of significantly improving outcomes for people living with cancer without the systemic side effects of current I-O treatments. The company is using its proprietary platform to advance a pipeline of novel, tumor-activated clinical and preclinical I-O molecules that are designed to optimize the therapeutic index by localizing anti-tumor activity within the tumor microenvironment, including tumor-activated cytokines, antibodies, bispecifics and immune cell engagers. Learn more by visiting www.xiliotx.com and follow us on LinkedIn ( Xilio Therapeutics, Inc .). This press release contains hyperlinks to information that is not deemed to be incorporated by reference in this press release. Investor and Media Contact: Scott Young Vice President, Investor Relations and Corporate Communications investors@xiliotx.com

UTSA earns 117-58 win against Southwestern AdventistLeicester City have identified Graham Potter as their top target to replace Steve Cooper , although the manager’s wage demands may see them turn to a list that also includes Ruud van Nistelrooy . The Championship winners dispensed with Cooper on Sunday , after five difficult months where he never clicked with the club. Supporters didn’t take to him due to his Nottingham Forest connections, but he also struggled to impose his tactical approach on the squad. A defeat to former manager Enzo Maresca proved the final straw, as Leicester lost 2-1 at home to Chelsea in a poor performance. Potter had been the first choice to replace Maresca in the summer, but there was no progress made on the pursuit then due to both the 49-year-old’s age as well as a sense he wanted a bigger club. Leicester instead opted for Cooper, despite some internal counter-arguments to the appointment. There is hope they may have a better chance with Potter now, due to how long his time out of the game since his own departure from Chelsea in March 2023 has been. It is understood he would still need considerable convincing, however. While Potter is seen as the ideal candidate, Leicester are naturally looking at other options, with Van Nistelrooy understood to be a name on the list. The Dutch coach has impressed in a brief coaching career so far, including an interim spell at Manchester United. He wrought a winning response out of a deflated squad after Erik ten Hag’s sacking, before Ruben Amorim was appointed. Van Nistelrooy had previously shown promise in winning the Dutch cup in one season at PSV Eindhoven, only to resign with one game of the campaign remaining due to a lack of support.

A Welsh man missing for 18 months has been foundThanksgiving Travel Latest: Airport strike, staff shortages and weather could impact holiday travelSEOUL, South Korea — South Korean President Yoon Suk Yeol said early Wednesday that he would soon lift the martial law he imposed during a tense night of political drama in which troops surrounded parliament and lawmakers voted to reject military rule. Yoon said his government withdrew the military personnel that had been deployed, and that he would formally lift martial law following a Cabinet meeting as “soon as members arrive.” Yoon declared martial law late Tuesday, vowing to eliminate “anti-state” forces as he struggles against an opposition that controls the country’s parliament and that he accuses of sympathizing with communist North Korea. Less than three hours later, parliament voted to lift the declaration, with National Assembly Speaker Woo Won Shik declaring that the martial law was “invalid” and that lawmakers “will protect democracy with the people.” The president’s surprising move harkened back to an era of authoritarian leaders that the country has not seen since the 1980s, and it was immediately denounced by the opposition and the leader of Yoon’s own party. Police and military personnel were seen leaving the Assembly’s grounds after Woo called for their withdrawal. Lee Jae-myung, leader of the liberal Democratic Party, which holds the majority in the 300-seat parliament, said the party’s lawmakers will remain in the Assembly’s main hall until Yoon formally lifts his order. “Democratic Party lawmakers, including me and many others, will protect our country’s democracy and future and public safety, lives and properties, with our own lives,” Lee told reporters. Jo Seung-lae, a Democratic lawmaker, claimed that security camera footage following Yoon’s declaration showed that troops moved in a way that suggested they were trying to arrest Lee, Woo and even Han Dong-hoon, the leader of Yoon’s People Power Party. Officials from Yoon’s office and the Defense Ministry did not respond to requests for comment early Wednesday. Seemingly hundreds of protesters gathered in front of the Assembly, waving banners and calling for Yoon’s impeachment. Some protesters scuffled with troops ahead of the lawmakers’ vote, but there were no immediate reports of injuries or major property damage. At least one window was broken as troops attempted to enter the Assembly building. Get local news delivered to your inbox!

Last week I was part of a group of economists who wrote an raising concerns about the fiscal stance of the coalition Government and its impact on the current low level of and future prospects for economic activity. It got some media attention but had no more immediate impact on the coalition than the most cynical of us expected. What was more surprising to me was that Opposition parties were slow to pick up on the initiative, preferring it seemed to focus on their quotidian personality and point scoring, ignoring key economic policy matters. I think that unwillingness to join the cause is partly because in their previous roles they had promoted, endorsed or accepted a local political orthodoxy about fiscal policy not far from the current stance. It is not an orthodoxy that has much intrinsic merit or much support from other economies or agencies. It was labelled “responsible” but in practice, and in the light of current conditions, it has turned out not to be.Ipswich Town are back on level terms against Manchester United thanks to Omari Hutchinson's deflected effort right before the stroke of halftime. The Ruben Amorim era is off to a flying start as Marcus Rashford tucks away Manchester United's opener against Ipswich Town in less than two minutes at Portman Road. Relive Liverpool's dramatic five-goal battle against Southampton, where Mohamed Salah's brace proved to be the difference as the Reds open up an eight-point gap at the top of the table. Rebecca Lowe, Robbie Earle, and Tim Howard react to Liverpool's 3-2 comeback win against Southampton at St. Mary's to go eight points clear at the top of the table. Rebecca Lowe, Robbie Earle, and Tim Howard react to Leicester City sacking manager Steve Cooper after just 12 Premier League matches in charge. Yukinari Sugawara's handball results in a penalty, where Mohamed Salah completes his brace to give Liverpool a 3-2 lead over Southampton late in the second half at St. Mary's. A moment of madness from Alex McCarthy allows Mohamed Salah to tuck away Liverpool's second goal of the match to make it 2-2 in the second half at St. Mary's. St. Mary's is rocking as Mateus Fernandes finishes off the Southampton counter attack in style to give the Saints a shock 2-1 lead over Liverpool. Adam Armstrong's penalty is saved by Caoimhin Kelleher, but he gets his own rebound to tuck away Southampton's equalizer against Liverpool at St. Mary's. A comedy of errors from the Saints results in Dominik Szoboszlai slotting home Liverpool's opener at St. Mary's. Jon Champion and Graeme Le Saux preview Manchester United's Matchweek 12 showdown against Ipswich Town, where Ruben Amorim will manage the Red Devils for the first time. David Ornstein joins Rebecca Lowe to share the latest news regarding the on-going investigation into Premier League referee David Coote's comments and potential violations stemming from viral social media videos. David Ornstein joins Rebecca Lowe to unpack Manchester City's struggles so far this season and if there is a light at the end of the tunnel for Pep Guardiola's side.MUMBAI: Commuter associations and passengers have cautioned the Western Railway against succumbing to political pressure and altering train schedules and reducing the number of air-conditioned (AC) trains plying on the suburban route. On Thursday, a meeting between Western Railway (WR) authorities and the Divisional Railway Users Consultative Committee (DRUCC) - a body appointed by the Indian Railways representing train commuters - discussed this issue, among other things. On December 3, the Shiv Sena (UBT) had organised a protest at Bhayander station, where they opposed the replacing of the 8.24 am Churchgate-bound non-AC local with an AC local. They claimed that AC services were not being adequately patronised. Following the protest, last week, the WR revised its train schedule and increased the number of coaches, from 12 to 15, for two non-AC services starting from Bhayander. The revision was in response to demands made by the Sena (UBT) to withdraw suburban AC services during morning peak hours. Opposing this decision, DRUCC members at Thursday’s meeting urged the railway not to curtail the services of AC local trains, especially those connecting Bhayander and Virar with Churchgate, sources said. “There is ample demand for AC trains, which operate at full capacity. There is no space to board Churchgate-bound trains from Borivali during morning peak hours and vice versa during evening rush hour. We demanded that the new AC train that has come to the Central Railway and is lying unused be shifted to WR,” said Rajiv Singhal, member, DRUCC. “I have appealed to local railway officials and the ministry of railways not to succumb to political pressure”. In November, the Central Railway, after more than two years, received an AC local train with advanced technology that creates more room for passengers. Sources in the WR who were present at the meeting said they have asked the Railway Board if this train could be transferred from the CR to the WR. Currently, WR has nine local AC trains and operates 109 trips daily. These AC locals carry over 4% of the passengers on the railway and account for 23% of the railway’s revenue. The average daily number of commuters using AC locals on the WR is around 125,000, of the total 2.9 million commuters travelling on the 120-km-long Churchgate–Dahanu route. The Central Railway operates six AC locals, with five of them in service operating 66 services. When inducted, the seventh new AC train will be used when other trains are under maintenance. “There is no proposal to send our AC rake to the WR and it will be used for our services after fitment. This new rake will be needed to avoid cancellation of AC trains on Saturdays and Sundays,” said a CR official.

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