
PLAINS, Ga. (AP) — Newly married and sworn as a Naval officer, Jimmy Carter left his tiny hometown in 1946 hoping to climb the ranks and see the world. Less than a decade later, the death of his father and namesake, a merchant farmer and local politician who went by “Mr. Earl,” prompted the submariner and his wife, Rosalynn, to return to the rural life of Plains, Georgia, they thought they’d escaped. The lieutenant never would be an admiral. Instead, he became commander in chief. Years after his presidency ended in humbling defeat, he would add a Nobel Peace Prize, awarded not for his White House accomplishments but “for his decades of untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” The life of James Earl Carter Jr., the 39th and longest-lived U.S. president, ended Sunday at the age of 100 where it began: Plains, the town of 600 that fueled his political rise, welcomed him after his fall and sustained him during 40 years of service that redefined what it means to be a former president. With the stubborn confidence of an engineer and an optimism rooted in his Baptist faith, Carter described his motivations in politics and beyond in the same way: an almost missionary zeal to solve problems and improve lives. Carter was raised amid racism, abject poverty and hard rural living — realities that shaped both his deliberate politics and emphasis on human rights. “He always felt a responsibility to help people,” said Jill Stuckey, a longtime friend of Carter's in Plains. “And when he couldn’t make change wherever he was, he decided he had to go higher.” Carter's path, a mix of happenstance and calculation , pitted moral imperatives against political pragmatism; and it defied typical labels of American politics, especially caricatures of one-term presidents as failures. “We shouldn’t judge presidents by how popular they are in their day. That's a very narrow way of assessing them," Carter biographer Jonathan Alter told the Associated Press. “We should judge them by how they changed the country and the world for the better. On that score, Jimmy Carter is not in the first rank of American presidents, but he stands up quite well.” Later in life, Carter conceded that many Americans, even those too young to remember his tenure, judged him ineffective for failing to contain inflation or interest rates, end the energy crisis or quickly bring home American hostages in Iran. He gained admirers instead for his work at The Carter Center — advocating globally for public health, human rights and democracy since 1982 — and the decades he and Rosalynn wore hardhats and swung hammers with Habitat for Humanity. Yet the common view that he was better after the Oval Office than in it annoyed Carter, and his allies relished him living long enough to see historians reassess his presidency. “He doesn’t quite fit in today’s terms” of a left-right, red-blue scoreboard, said U.S. Transportation Secretary Pete Buttigieg, who visited the former president multiple times during his own White House bid. At various points in his political career, Carter labeled himself “progressive” or “conservative” — sometimes both at once. His most ambitious health care bill failed — perhaps one of his biggest legislative disappointments — because it didn’t go far enough to suit liberals. Republicans, especially after his 1980 defeat, cast him as a left-wing cartoon. It would be easiest to classify Carter as a centrist, Buttigieg said, “but there’s also something radical about the depth of his commitment to looking after those who are left out of society and out of the economy.” Indeed, Carter’s legacy is stitched with complexities, contradictions and evolutions — personal and political. The self-styled peacemaker was a war-trained Naval Academy graduate who promised Democratic challenger Ted Kennedy that he’d “kick his ass.” But he campaigned with a call to treat everyone with “respect and compassion and with love.” Carter vowed to restore America’s virtue after the shame of Vietnam and Watergate, and his technocratic, good-government approach didn't suit Republicans who tagged government itself as the problem. It also sometimes put Carter at odds with fellow Democrats. The result still was a notable legislative record, with wins on the environment, education, and mental health care. He dramatically expanded federally protected lands, began deregulating air travel, railroads and trucking, and he put human rights at the center of U.S. foreign policy. As a fiscal hawk, Carter added a relative pittance to the national debt, unlike successors from both parties. Carter nonetheless struggled to make his achievements resonate with the electorate he charmed in 1976. Quoting Bob Dylan and grinning enthusiastically, he had promised voters he would “never tell a lie.” Once in Washington, though, he led like a joyless engineer, insisting his ideas would become reality and he'd be rewarded politically if only he could convince enough people with facts and logic. This served him well at Camp David, where he brokered peace between Israel’s Menachem Begin and Epypt’s Anwar Sadat, an experience that later sparked the idea of The Carter Center in Atlanta. Carter's tenacity helped the center grow to a global force that monitored elections across five continents, enabled his freelance diplomacy and sent public health experts across the developing world. The center’s wins were personal for Carter, who hoped to outlive the last Guinea worm parasite, and nearly did. As president, though, the approach fell short when he urged consumers beleaguered by energy costs to turn down their thermostats. Or when he tried to be the nation’s cheerleader, beseeching Americans to overcome a collective “crisis of confidence.” Republican Ronald Reagan exploited Carter's lecturing tone with a belittling quip in their lone 1980 debate. “There you go again,” the former Hollywood actor said in response to a wonky answer from the sitting president. “The Great Communicator” outpaced Carter in all but six states. Carter later suggested he “tried to do too much, too soon” and mused that he was incompatible with Washington culture: media figures, lobbyists and Georgetown social elites who looked down on the Georgians and their inner circle as “country come to town.” Carter carefully navigated divides on race and class on his way to the Oval Office. Born Oct. 1, 1924 , Carter was raised in the mostly Black community of Archery, just outside Plains, by a progressive mother and white supremacist father. Their home had no running water or electricity but the future president still grew up with the relative advantages of a locally prominent, land-owning family in a system of Jim Crow segregation. He wrote of President Franklin Roosevelt’s towering presence and his family’s Democratic Party roots, but his father soured on FDR, and Jimmy Carter never campaigned or governed as a New Deal liberal. He offered himself as a small-town peanut farmer with an understated style, carrying his own luggage, bunking with supporters during his first presidential campaign and always using his nickname. And he began his political career in a whites-only Democratic Party. As private citizens, he and Rosalynn supported integration as early as the 1950s and believed it inevitable. Carter refused to join the White Citizens Council in Plains and spoke out in his Baptist church against denying Black people access to worship services. “This is not my house; this is not your house,” he said in a churchwide meeting, reminding fellow parishioners their sanctuary belonged to God. Yet as the appointed chairman of Sumter County schools he never pushed to desegregate, thinking it impractical after the Supreme Court’s 1954 Brown v. Board decision. And while presidential candidate Carter would hail the 1965 Voting Rights Act, signed by fellow Democrat Lyndon Johnson when Carter was a state senator, there is no record of Carter publicly supporting it at the time. Carter overcame a ballot-stuffing opponent to win his legislative seat, then lost the 1966 governor's race to an arch-segregationist. He won four years later by avoiding explicit mentions of race and campaigning to the right of his rival, who he mocked as “Cufflinks Carl” — the insult of an ascendant politician who never saw himself as part the establishment. Carter’s rural and small-town coalition in 1970 would match any victorious Republican electoral map in 2024. Once elected, though, Carter shocked his white conservative supporters — and landed on the cover of Time magazine — by declaring that “the time for racial discrimination is over.” Before making the jump to Washington, Carter befriended the family of slain civil rights leader Martin Luther King Jr., whom he’d never sought out as he eyed the governor’s office. Carter lamented his foot-dragging on school integration as a “mistake.” But he also met, conspicuously, with Alabama's segregationist Gov. George Wallace to accept his primary rival's endorsement ahead of the 1976 Democratic convention. “He very shrewdly took advantage of his own Southerness,” said Amber Roessner, a University of Tennessee professor and expert on Carter’s campaigns. A coalition of Black voters and white moderate Democrats ultimately made Carter the last Democratic presidential nominee to sweep the Deep South. Then, just as he did in Georgia, he used his power in office to appoint more non-whites than all his predecessors had, combined. He once acknowledged “the secret shame” of white Americans who didn’t fight segregation. But he also told Alter that doing more would have sacrificed his political viability – and thus everything he accomplished in office and after. King's daughter, Bernice King, described Carter as wisely “strategic” in winning higher offices to enact change. “He was a leader of conscience,” she said in an interview. Rosalynn Carter, who died on Nov. 19 at the age of 96, was identified by both husband and wife as the “more political” of the pair; she sat in on Cabinet meetings and urged him to postpone certain priorities, like pressing the Senate to relinquish control of the Panama Canal. “Let that go until the second term,” she would sometimes say. The president, recalled her former aide Kathy Cade, retorted that he was “going to do what’s right” even if “it might cut short the time I have.” Rosalynn held firm, Cade said: “She’d remind him you have to win to govern.” Carter also was the first president to appoint multiple women as Cabinet officers. Yet by his own telling, his career sprouted from chauvinism in the Carters' early marriage: He did not consult Rosalynn when deciding to move back to Plains in 1953 or before launching his state Senate bid a decade later. Many years later, he called it “inconceivable” that he didn’t confer with the woman he described as his “full partner,” at home, in government and at The Carter Center. “We developed a partnership when we were working in the farm supply business, and it continued when Jimmy got involved in politics,” Rosalynn Carter told AP in 2021. So deep was their trust that when Carter remained tethered to the White House in 1980 as 52 Americans were held hostage in Tehran, it was Rosalynn who campaigned on her husband’s behalf. “I just loved it,” she said, despite the bitterness of defeat. Fair or not, the label of a disastrous presidency had leading Democrats keep their distance, at least publicly, for many years, but Carter managed to remain relevant, writing books and weighing in on societal challenges. He lamented widening wealth gaps and the influence of money in politics. He voted for democratic socialist Bernie Sanders over Hillary Clinton in 2016, and later declared that America had devolved from fully functioning democracy to “oligarchy.” Yet looking ahead to 2020, with Sanders running again, Carter warned Democrats not to “move to a very liberal program,” lest they help re-elect President Donald Trump. Carter scolded the Republican for his serial lies and threats to democracy, and chided the U.S. establishment for misunderstanding Trump’s populist appeal. He delighted in yearly convocations with Emory University freshmen, often asking them to guess how much he’d raised in his two general election campaigns. “Zero,” he’d gesture with a smile, explaining the public financing system candidates now avoid so they can raise billions. Carter still remained quite practical in partnering with wealthy corporations and foundations to advance Carter Center programs. Carter recognized that economic woes and the Iran crisis doomed his presidency, but offered no apologies for appointing Paul Volcker as the Federal Reserve chairman whose interest rate hikes would not curb inflation until Reagan's presidency. He was proud of getting all the hostages home without starting a shooting war, even though Tehran would not free them until Reagan's Inauguration Day. “Carter didn’t look at it” as a failure, Alter emphasized. “He said, ‘They came home safely.’ And that’s what he wanted.” Well into their 90s, the Carters greeted visitors at Plains’ Maranatha Baptist Church, where he taught Sunday School and where he will have his last funeral before being buried on family property alongside Rosalynn . Carter, who made the congregation’s collection plates in his woodworking shop, still garnered headlines there, calling for women’s rights within religious institutions, many of which, he said, “subjugate” women in church and society. Carter was not one to dwell on regrets. “I am at peace with the accomplishments, regret the unrealized goals and utilize my former political position to enhance everything we do,” he wrote around his 90th birthday. The politician who had supposedly hated Washington politics also enjoyed hosting Democratic presidential contenders as public pilgrimages to Plains became advantageous again. Carter sat with Buttigieg for the final time March 1, 2020, hours before the Indiana mayor ended his campaign and endorsed eventual winner Joe Biden. “He asked me how I thought the campaign was going,” Buttigieg said, recalling that Carter flashed his signature grin and nodded along as the young candidate, born a year after Carter left office, “put the best face” on the walloping he endured the day before in South Carolina. Never breaking his smile, the 95-year-old host fired back, “I think you ought to drop out.” “So matter of fact,” Buttigieg said with a laugh. “It was somehow encouraging.” Carter had lived enough, won plenty and lost enough to take the long view. “He talked a lot about coming from nowhere,” Buttigieg said, not just to attain the presidency but to leverage “all of the instruments you have in life” and “make the world more peaceful.” In his farewell address as president, Carter said as much to the country that had embraced and rejected him. “The struggle for human rights overrides all differences of color, nation or language,” he declared. “Those who hunger for freedom, who thirst for human dignity and who suffer for the sake of justice — they are the patriots of this cause.” Carter pledged to remain engaged with and for them as he returned “home to the South where I was born and raised,” home to Plains, where that young lieutenant had indeed become “a fellow citizen of the world.” —- Bill Barrow, based in Atlanta, has covered national politics including multiple presidential campaigns for the AP since 2012.
Okanagan Sun head coach Travis Miller was struck by a vehicle in Kelowna's Glenmore neighbourhood on Tuesday, Dec. 10. Kelowna RCMP have confirmed the incident, stating the pedestrian was struck when crossing the road in the crosswalk. The Sun confirmed in a social media post stating the pedestrian was Miller, who had just finished his last recruiting meeting of the day. According to RCMP, Miller was taken to Kelowna General Hospital with non-life threatening injuries and the extent of the injuries are unknown. Meanwhile, the Sun said Miller underwent surgery and both his feet were crushed in the incident. “The driver of the vehicle remained at the scene and cooperated with police,” said Kelowna RCMP media relations officer Sgt. Laura Pollock. “There was no indication the driver was under the influence of drugs or alcohol and speed does not appear to be a factor.” RCMP are still investigating the incident and are asking anyone who witnessed the crash or anyone with dashcam footage in the area from 5:45 p.m. to 6:15 p.m. to step forward and reach out to police at 250-762-3300 with the file number 2024-72174. Miller has been the Sun's head coach since Apr. 2, 2022.
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In a world where technology evolves at lightning speed, investing in an older model might seem like a short term savvy way to save a few bucks. However, choosing a less expensive and outdated laptop can lead to frustration as it quickly becomes obsolete. Why settle for yesterday’s technology when you can embrace the future? The latest MacBook Pro models equipped with the new M4 and M4 Pro chips have just hit the market, and they are available at huge discounts this Black Friday. Amazon is offering great deals on several configurations of the new MacBook Pro M4 models. The entry-level 14.2-inch MacBook Pro with the M4 chip is now available for $1,399, down from its original price of $1,599 . This model is perfect for everyday tasks such as web browsing, document editing and heavy media consumption. It features 16GB of unified memory and a 512GB SSD. See MacBook Pro M4 / 16GB / 512GB at Amazon For those who require more processing power, the 14.2-inch MacBook Pro featuring the M4 Pro chip stands out as a great option. This model boasts a robust 12-core CPU and a 16-core GPU combined with 24GB of RAM and a 512GB SSD. Priced at $1,749, reduced from $1,999 , this configuration is ideal for professionals who need enhanced processing capabilities for demanding tasks such as video editing or software development. See MacBook Pro M4 Pro 14′′ / 24GB / 512GB at Amazon If additional storage is essential, consider the 14.2-inch MacBook Pro with the M4 Pro chip that comes equipped with a larger 1TB SSD: This model is currently available for $2,099 on Amazon, down from $2,399 . With its powerful specifications and enhanced storage capacity, it caters to professionals who work with large files or require extensive software libraries. See MacBook Pro M4 Pro 14′′ / 24GB / 1TB at Amazon Improved Performance, More Energy Efficiency All models feature Apple’s innovative M4/M4 Pro chip architecture that significantly enhances performance while maintaining energy efficiency. The M4 chips improve CPU and GPU performance while integrating advanced AI capabilities through Apple Intelligence. This allows for faster processing of machine learning tasks and improved graphics rendering. Battery life remains one of the most appreciated features across all models— Apple advertises up to 24 hours of usage on a single charge —which is an industry-leading achievement for laptops. The combination of powerful hardware and optimized software (thanks to these Apple-developed chips) ensures that users can work throughout the day without needing to recharge frequently. In terms of performance differences among these models, users will find that the entry-level MacBook Pro is well-suited for general use but may struggle with more intensive applications compared to its Pro counterparts: The M4 Pro models are designed for professionals who require high-performance computing capabilities, whether it’s rendering high-resolution videos or running complex simulations. One of the great aspects of these Black Friday deals is that Amazon offers an extended return policy allowing customers to return products until January 31, 2025 . This extended timeframe makes it easier for shoppers to purchase gifts without worrying about immediate returns after the holiday season. As these deals represent the first discounts seen on these new models, stock is likely to diminish quickly. See MacBook Pro M4 / 16GB / 512GB at AmazonDrones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. Get the latest need-to-know information delivered to your inbox as it happens. Our flagship newsletter. Get our front page stories each morning as well as the latest updates each afternoon during the week + more in-depth weekend editions on Saturdays & Sundays.
This is CNBC's live blog covering Asia-Pacific markets. Asia-Pacific markets opened mixed on Thursday after Wall Street rally stalled overnight even as inflation data came in line with expectations. Philadelphia news 24/7: Watch NBC10 free wherever you are The U.S. personal consumption expenditure price index, or PCE, rose 2.3% on an annualized basis , accelerating from 2.1% in September. The so-called core inflation, which excludes food and energy prices, climbed 2.8% in the 12 months through October, up from 2.7% in the previous month. Both matched the expectations from economists polled by Reuters, according to LSEG data. The Bank of Korea is expected to hold its benchmark rate unchanged at 3.25% when its monetary policy committee meets later in the day, according to a Reuters poll of economists. The central bank will also announce updated economic growth and inflation forecasts. South Korea's blue-chip Kospi index fell modestly by 0.16% while the small-cap Kosdaq advanced 0.63%. Japan's Nikkei 225 dropped 0.50% while the broad-based Topix was flat. Australia's S&P/ASX 200 started the day up 0.54%. Hong Kong's Hang Seng index futures were at 19,618, higher than the HSI's last close of 19,603.13. Overnight in the U.S., declines in big technology names pulled markets lower in a thin trading session. Chipmaking powerhouse Nvidia lost more than 1%, while Meta Platforms slid 0.8%. Dell and HP dropped more than 12% and 11%, respectively, following weak earnings forecasts. The S&P 500 declined 0.38% to 5,998.74, snapping a seven-day winning streak. The Nasdaq Composite lost 0.6% to end at 19,060.48. The Dow Jones Industrial Average lost 138.25 points, or 0.31%, to finish at 44,722.06, reversing course gaining more than 140 points. The U.S. market will be closed on Thursday for the Thanksgiving holiday. — CNBC's Alex Harring and Sean Conlon contributed to this report. Inflation data is a 'nice Black Friday gift for the Fed,' investment strategist says Wednesday's inflation data that came in line with expectations is a welcome preholiday update for the Federal Reserve, according to Scott Helfstein, Global X's head of investment strategy. "This is a nice Black Friday gift for the Fed," he said. "They can eat turkey and watch football for a day knowing that they are close to full employment with price stability." Helfstein said the numbers are "very close" to the Fed's target goal. Additionally, he said the reading is unlikely to change the path of interest rates, or the probability of a 25 basis-point cut at the central bank's December policy meeting. — Alex Harring Number of S&P 500 stocks above 200-day average for past year shows 'solid' market The percentage of all stocks in the S&P 500 above their 200-day moving averages is currently 77%, and has remained above at least 60% for the past year. This proves that the underpinnings of the market are "still solid," according to Chris Verrone, head of the technical and macro research at Strategas. The strong moving averages , which smooth out short-term fluctuations to show the underlying trend in a stock price, "speaks to the persistence of decent internals," Verrone wrote to clients on Wednesday. "It's not historically uncommon for the early part of December to be a shoulder period for stocks, but the market is still smack in the middle of its best 3-month run of the calendar," he said, referring to the period from Oct. 31 until Jan. 31. — Scott Schnipper S&P 500 on pace to snap 7-day win streak With just about an hour left in Wednesday's session, the S&P 500 was poised to end a rally that has lasted over the past seven trading days. The broad index ticked down about 0.3% in afternoon trading. If that holds, it will mark its first negative and worst trading day since Nov. 15. In that session, the S&P 500 tumbled more than 1.3%. Elsewhere, the Nasdaq Composite was on track to finish Wednesday around 0.6% lower, while the Dow was down 0.2%. — Alex Harring CNBC Pro: 5 tech stocks in supply chain management could benefit from Trump's tariffs, Redburn Atlantic says President-elect Donald Trump's proposed steep tariffs on imports could create winners in the stock market — particularly among companies that help businesses manage their supply chains, according to Redburn Atlantic. These tech stocks have outperformed during "periods of supply chain uncertainty," the Redburn analyst said citing 2018-2019 trade tensions between the U.S. and China. CNBC Pro subscribers can read more here. — Ganesh Rao CNBC Pro: U.S. stocks too expensive? Morningstar's top exec reveals where he's investing instead Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigned supreme among investors. However, one market watcher considers U.S. stocks expensive and is now seeking opportunities in other markets that are cheaper. "We believe markets outside the U.S. are more attractive than the U.S. largely from a valuation perspective," Kunal Kapoor, chief executive officer at Morningstar said, revealing markets with "attractive pockets" of opportunity. CNBC Pro subscribers can read more here. — Amala BalakrishnerAutos of Dallas now offers valuable, time-saving research on the pre-owned Mercedes-Benz GLC series – a market-leading, luxurious, small SUV. DALLAS , Dec. 23, 2024 /PRNewswire/ -- Autos of Dallas , a trusted name in pre-owned luxury vehicles, is excited to unveil its latest research on the used Mercedes-Benz GLC for sale near Dallas . This sophisticated SUV series blends performance, style, and technology, making it a favorite among luxury enthusiasts. "We're excited to share our research on used Mercedes-Benz GLC SUVs near Dallas . 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Back-to-back games against one of the few NHL teams already likely out of playoff contention seemingly present the New York Islanders with a valuable opportunity to gain ground in the crowded Eastern Conference wild-card race. But the Chicago Blackhawks began their three-game road trip by proving there are no sure things in the NHL. The Islanders will look to get back in the win column and the Blackhawks will again attempt to play early-season spoiler Thursday night, when New York begins a two-game set against Chicago in Elmont, N.Y. The two teams are slated to play again Sunday afternoon in Chicago, one day after the Blackhawks conclude their road trip by visiting the New Jersey Devils. The Islanders were off Wednesday after their two-game winning streak ended Tuesday, when they fell to the visiting Los Angeles Kings 3-1. The Blackhawks haven't played since Monday, when they snapped a five-game losing streak by edging the New York Rangers 2-1. The loss to the Kings cost the Islanders an opportunity to at least temporarily climb into an Eastern Conference wild-card spot. The New York teams each ended Tuesday with 29 points, one point behind the Tampa Bay Lightning and Philadelphia Flyers in the race for the two wild cards. Fifteen of the 16 teams in the Eastern Conference are within four points of a playoff spot. The defeat also further magnified the Islanders' small margin of error on both sides of the ice without first-liners Mathew Barzal (upper body) and Anthony Duclair (lower body) and defensemen Adam Pelech (jaw) and Mike Reilly (heart), who are all dealing with long-term issues expected to keep them out weeks to months. The Islanders were outshot 30-20 Tuesday, two nights after they beat the Ottawa Senators 4-2 despite being outshot 31-13. Seven of New York's 13 points in the last three games have been scored by three players: Anders Lee (three points), Kyle Palmieri and Noah Dobson. "We'll take the things that we could clean up -- we can do a better job off the rush, in the last couple games, we gave up too many chances there," Dobson said. "We have to reset and get ready for Thursday." The Blackhawks' imperfections were also on display Monday, when they won for the first time since Nov. 27, beating the New York Rangers 2-1. The victory isn't likely to spark a playoff push for Chicago, whose 20 points are tied with the Nashville Predators for the fewest in the NHL and 13 fewer than the Vancouver Canucks and Calgary Flames, who enter Thursday tied for the last wild-card spot. Chicago has scored 12 goals in the last six games and 67 goals overall this season, the third-fewest in the NHL entering Wednesday. The Blackhawks scored first Monday, as they did four times during their losing streak, but improved to 2-17-2 when scoring two or fewer goals thanks to Taylor Hall's game-winner 6:16 into the second against the Rangers. The win was the first for interim head coach Anders Sorensen, who replaced Luke Richardson Dec. 5. "We need to get a winning feeling consistently," Hall said. "One win's not good enough. We need to stick together and get two, three, four wins. I think you're going to see a lot more guys play with confidence, play on their toes and a bit more smiles out there." --Field Level MediaJJ Redick: LeBron James misses practice in excused absence, status for Friday vs. Timberwolves unclear
Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda’s U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Major stock indexes rose on Wall Street in afternoon trading Monday, after a choppy start to a holiday-shortened week. The S&P 500 rose 0.6%. The Dow Jones Industrial Average recovered from an early slide to gain 29 points, or 0.1% as of 3:40 p.m. Eastern time. The tech-heavy Nasdaq composite rose 0.8%. 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 3.3%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1.2%. 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 13.4%, while Nissan slipped 0.2%. Eli Lilly rose 3.5% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.6% 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 roughly 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.Gaming wish granted for Nanaimo teen living with muscular dystrophyShares of Gabelli Growth Innovators ETF ( NYSEARCA:GGRW – Get Free Report ) traded down 1.4% during mid-day trading on Friday . The company traded as low as $30.27 and last traded at $30.50. 674 shares traded hands during trading, a decline of 75% from the average session volume of 2,682 shares. The stock had previously closed at $30.94. Gabelli Growth Innovators ETF Trading Down 1.4 % The firm has a 50 day moving average price of $30.06 and a 200 day moving average price of $28.50. The stock has a market capitalization of $6.10 million, a PE ratio of 43.63 and a beta of 1.23. Gabelli Growth Innovators ETF Company Profile ( Get Free Report ) The Gabelli Growth Innovators ETF (GGRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks growth of capital and income by targeting US-listed companies with high future earnings potential relative to their current market value and considered to be innovative in their industry. Featured Articles Receive News & Ratings for Gabelli Growth Innovators ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gabelli Growth Innovators ETF and related companies with MarketBeat.com's FREE daily email newsletter .