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NoneNoneNEW 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.
Melinda French Gates plans to match $1M in GivingTuesday gifts to groups that support women
The migrant from Honduras who was charged with raping a woman on a woodsy trail in Herndon, Virginia, is a case study in permissive left-wing sanctuary city and state laws that have endangered so many Americans. “Let me start by saying that I am incredibly saddened and outraged that a crime like this could happen here in the town of Herndon,” Herndon Police Chief Maggie DeBoard said at a press conference last weekend after the arrest of the migrant. Denis Humberto Navarette Romero, 31, was arrested and charged for the November 18 attack and rape of a woman he allegedly encountered on the Washington & Old Dominion Railroad Trail in Herndon. The attack was termed a “stranger rape” because the attacker and the victim did not know each other. “We haven’t had a stranger rape in over 12 years that I’ve been here as chief,” Chief DeBoard said. “There should be full prosecution, so this never happens again.” The attack, though, should not come as a surprise. Authorities discovered that Romero has been linked to several sexual battery attacks on juveniles going back to 2017, they said after his arrest. There have been other charges as well. A flabbergasted DeBoard was shocked to find that the suspect had already been charged with two felonies, and yet he was still freely wandering around the United States. “He had two felonies from cases we had where we were called, dispatched to investigate a sexual battery, basically where he had grabbed a female,” Chief DeBoard said, “and when we went to investigate the case, we encountered the individual then and he assaulted two of my police officers. One he actually grabbed around the throat, tried to choke him. So he was charged with two assaults on a police officer, felonies.” DeBoard was asked if Navarette Romero was convicted for those felony assaults. “No, because a couple months later, that case was reduced to simple assault, misdemeanor. We weren’t asked to provide input on that,” she replied. “You know, my officers were victims in that case. We would hope that victims would be asked about their input on this, and we certainly wouldn’t have agreed to have that reduced to a misdemeanor.” The chief was also skeptical about deporting Navarette Romero after this latest arrest. “The problem with deporting him right now would be there is a strong chance that he could end up back in this country again,” she said. “The danger is, if he’s not held accountable for his crimes here, and he’s simply deported, we would have no way to keep him from coming back into the country.” How did all this happen? Because of the “sanctuary” policies of the law enforcement agencies he met previously. This latest incident of an illegal alien causing serious injury to an American caused Andrew R. Arthur, resident fellow in law and policy for the Center for Immigration Studies, to explain: Why are serious alien criminals who beg to be deported released into the community to reoffend? Because local – and federal – officials interpose themselves between those criminals and ICE in a misguided and senseless attempt to ‘protect’ the very victims who end up paying the price. The price for Joe Biden’s border crisis has been high, indeed. It seems as if not a month goes by when there isn’t a rape or murder perpetrated by a migrant who entered this country illegally. Victims abound across the nation. Young Jocelyn Nungaray, the 12-year-old girl from Houston, paid with her life . The same end befell 22-year-old Laken Riley in Georgia. Patty Morin of Baltimore also paid the ultimate price. And these are just some of the most famous cases. There are many others that have not become national news. There is also a long and growing list of other crimes occurring at the hands of Biden’s border crossers, including sexual assault , drug trafficking , robbery , child rape , and human trafficking , not to mention the criminal activities of dangerous gangs, including Tren de Aragua . All these cases add up into the tens of thousands and many of the perpetrators are repeat offenders who were in the U.S. justice system previously, but then simply let go right back into our population with no coordination or cooperation with ICE. Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston , or Truth Social @WarnerToddHuston
WINSTON-SALEM, N.C. (AP) — It wasn’t how Duke drew up the final play, but it worked out perfect for the Blue Devils in Saturday’s 23-17 victory over Wake Forest. Maalik Murphy threw a 39-yard touchdown pass to Jordan Moore as time expired, allowing Duke to end the regular season with three consecutive victories. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Duke rallies from 14 down, beats Wake Forest 23-17 on final-play pass
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