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Wall Street stocks were little changed on Thursday while Asian equities rose in thin Boxing Day trade, extending their "Santa Claus Rally" with several bourses still shut for the holiday. Japan's Nikkei index closed up 1.1 percent, boosted by comments from the Bank of Japan governor and share price gains for top-selling automaker Toyota. China's plans for massive bond issuances in 2025 also bolstered investor sentiment. "Even though many in the region are still shaking off a bit of a holiday hangover, with several markets closed for Boxing Day, Asian stocks opened higher, riding a favorable wave from China's financial bond juggernaut," said Stephen Innes from SPI Asset Management. In New York, major indices veered in and out of positive territory in a sleepy post-Christmas session. The broad-based S&P 500 finished down less than 0.1 percent. Large technology companies that have led the market in much of 2024 mostly took a breather. These included Netflix, Tesla and Amazon, all of which declined. "What's interesting today is that we're seeing small stocks bounce back a little bit," said Steve Sosnick of Interactive Brokers, noting that the Russell 2000 index put on 0.9 percent. Holiday consumer data showed a 3.8-percent increase in US retail spending from November 1 to December 24, according to a Mastercard SpendingPulse review of a key period for retailers. London Stockton, an analyst at Ned Davis Research, noted that the "Santa Claus rally could still be alive, with strong seasonality into the end of the year." Stock markets have traditionally fared well in the last five trading days of the year and the first two in the new year, a trend known as the "Santa Claus rally." Among a number of possible reasons advanced by experts include the festive holiday mood and purchasing ahead of the end of the tax year. Innes said remarks from Bank of Japan governor Kazuo Ueda in which he refrained from signaling a potential interest rate hike next month also "influenced bullish regional sentiments." Japanese market heavyweight Toyota ended nearly six percent higher after reports in the Nikkei business daily said it aimed to double its return on equity -- a key measure of a company's financial performance. New York - Dow: UP 0.1 percent at 43,325.80 (close) New York - S&P 500: DOWN less than 0.1 percent at 6,037.59 (close) New York - Nasdaq: DOWN 0.1 percent at 20,020.36 (close) Tokyo - Nikkei 225: UP 1.1 percent at 39,568.06 points (close) Hang Seng: UP 1.1 percent at 20,098.29 points (Tuesday close) Shanghai - Composite: UP 0.1 percent at 3,398.08 points (close) Euro/dollar: UP at $1.0424 from $1.0414 on Tuesday Pound/dollar: DOWN at $1.2526 from $1.2538 Dollar/yen: UP at 158.00 yen from 157.06 yen Euro/pound: UP at 83.19 pence from 83.05 pence West Texas Intermediate: DOWN 0.7 percent at $69.62 per barrel Brent North Sea Crude: DOWN 0.4 percent at $73.26 per barrel bur-jmb/aha
Why There Was Momentarily No VAR During Ipswich vs Man UnitedA clearer picture emerged of who will serve in the Cabinet of America's 47th President, with President-elect Trump assembling more of his top cabinet picks on Friday evening. All of Trump's Cabinet choices must be confirmed by the Senate, with the process set to begin in January. The confirmation process will be made easier by a 53-seat Republican majority, after GOP candidates flipped four seats in this election. The president-elect chose a slew of key Trump supporters who assisted in his election. GET TO KNOW DONALD TRUMP'S CABINET: WHO HAS THE PRESIDENT-ELECT PICKED SO FAR? Scott Bessent – Treasury Secretary Scott Bessent, founder of Key Square Group, was chosen for the coveted post of Treasury secretary. Bessent was a key economic policy adviser and fundraiser for the Trump campaign. "Scott is widely respected as one of the World's foremost International Investors and Geopolitical and Economic Strategists. Scott's story is that of the American Dream," Trump said on Friday. TRUMP NOMINATES SCOTT BESSENT AS TREASURY SECRETARY; PICKS RUSS VOUGHT TO LEAD BUDGET OFFICE He has been an advocate for economic policies like lower taxes, spending restraint and deregulation that have long made up the core of the Republican Party's platform, and has also been supportive of Trump's use of tariffs in trade negotiations. Russ Vought – Office of Management and Budget On Friday, Trump tapped Russ Vought to lead the White House's Office of Management and Budget (OMB). Vought served OMB director during Trump's first term. He also served as deputy OMB director and acting director. "He did an excellent job serving in this role in my First Term - We cut four Regulations for every new Regulation, and it was a Great Success!" Trump wrote on Truth Social. Vought is a contributor to the Heritage Foundation's Project 2025 and a close Trump ally. Scott Turner – Secretary of the Department of Housing and Urban Development Trump nominated Scott Turner as the secretary of the... Sarah Rumpf-WhittenKota: A 27-year-old man was taken into custody in Kota after social media footage showed him driving with his 5-year-old son perched on the car bonnet. The incident, which surfaced on Dec 26, led Jhalawar city police to file charges under the BNS Act for endangering human life. Circle inspector Chandrajyoti of Jhalawar city police station reported that a 38 second video clip materialised on social media portals on Thursday morning, showing a man manoeuvring a vehicle on National Highway 52 with his young son sitting on the bonnet. The authorities then traced the driver through the vehicle's registration number which was visible in the recording. The accused, identified as Suresh Kumar Valmiki, 27, a resident of Jhalawar city, was located within an hour. Police officials apprehended the accused, impounded his vehicle and registered charges against him under various sections of the BNS Act for endangering human life, the circle inspector said. The footage, which emerged on social media on Thursday, was reportedly captured by a passerby approximately four days prior to its online dissemination, showing the moving vehicle with the child on its bonnet. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .
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Principal Financial Group Inc. lessened its stake in iShares Russell Mid-Cap Growth ETF ( NYSEARCA:IWP – Free Report ) by 68.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,300 shares of the company’s stock after selling 15,800 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $856,000 at the end of the most recent reporting period. Several other hedge funds also recently modified their holdings of the stock. Adirondack Trust Co. raised its position in iShares Russell Mid-Cap Growth ETF by 78.3% in the 2nd quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock valued at $33,000 after buying an additional 130 shares during the last quarter. Lynx Investment Advisory bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth $33,000. Centennial Bank AR raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1,335.7% in the second quarter. Centennial Bank AR now owns 402 shares of the company’s stock valued at $44,000 after purchasing an additional 374 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 30.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock valued at $46,000 after purchasing an additional 97 shares in the last quarter. Finally, Kimelman & Baird LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $47,000. iShares Russell Mid-Cap Growth ETF Stock Performance Shares of IWP stock opened at $134.36 on Friday. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $95.85 and a 52-week high of $134.49. The company has a 50-day simple moving average of $121.87 and a two-hundred day simple moving average of $114.53. iShares Russell Mid-Cap Growth ETF Company Profile iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). See Also Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF ( NYSEARCA:IWP – Free Report ). Receive News & Ratings for iShares Russell Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter .
This combination of pictures created on November 25, 2024 shows former US President Donald Trump (left) on February 15, 2024 and special counsel Jack Smith (right) on August 1, 2023. Trump’s team welcomed what it called a “major victory” on Monday after Smith moved to dismiss the case against the US president-elect for allegedly conspiring to overturn the results of the 2020 election. (Photo by TIMOTHY A. CLARY and SAUL LOEB / AFP) WASHINGTON, United States — A judge on Monday granted a request by prosecutors to dismiss the election subversion case against Donald Trump because of a Justice Department policy of not prosecuting a sitting president. Judge Tanya Chutkan agreed to the request by Special Counsel Jack Smith to dismiss the case against the president-elect “without prejudice,” meaning it could potentially be revived after Trump leaves the White House four years from now. “Dismissal without prejudice is appropriate here,” Chutkan said, adding in the ruling that “the immunity afforded to a sitting President is temporary, expiring when they leave office.” Trump, 78, was accused of conspiring to overturn the results of the 2020 election he lost to Joe Biden and removing large quantities of top secret documents after leaving the White House, but the cases never came to trial. Smith also moved on Monday to drop his appeal of the dismissal of the documents case filed against the former president in Florida. That case was tossed out earlier this year by a Trump-appointed judge on the grounds that Smith was unlawfully appointed. The special counsel paused the election interference case and the documents case this month after Trump defeated Vice President Kamala Harris in the November 5 presidential election. Smith cited the long-standing Justice Department policy of not indicting or prosecuting a sitting president in his motions to have the cases dismissed. “The Government’s position on the merits of the defendant’s prosecution has not changed,” Smith said in the filing with Chutkan. “But the circumstances have.” “It has long been the position of the Department of Justice that the United States Constitution forbids the federal indictment and subsequent criminal prosecution of a sitting President,” Smith said. “As a result this prosecution must be dismissed before the defendant is inaugurated.” In a separate filing, Smith said he was withdrawing his appeal of the dismissal of the classified documents case against Trump but pursuing the case against his two co-defendants, Trump valet Walt Nauta and Mar-a-Lago property manager Carlos De Oliveira. Trump, in a post on Truth Social, said the cases were “empty and lawless, and should never have been brought.” “Over $100 Million Dollars of Taxpayer Dollars has been wasted in the Democrat Party’s fight against their Political Opponent, ME,” he said. “Nothing like this has ever happened in our Country before.” Trump was accused of conspiracy to defraud the United States and conspiracy to obstruct an official proceeding — the session of Congress called to certify Biden’s win, which was violently attacked on January 6, 2021 by a mob of the then-president’s supporters. Trump was also accused of seeking to disenfranchise US voters with his false claims that he won the 2020 election. The former and incoming president also faces two state cases — in New York and Georgia. He was convicted in New York in May of 34 counts of falsifying business records to cover up a hush money payment to porn star Stormy Daniels on the eve of the 2016 election to stop her from revealing an alleged 2006 sexual encounter. However, Judge Juan Merchan has postponed sentencing while he considers a request from Trump’s lawyers that the conviction be thrown out in light of the Supreme Court ruling in July that an ex-president has broad immunity from prosecution. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . In Georgia, Trump faces racketeering charges over his efforts to subvert the 2020 election results in the southern state, but that case will likely be frozen while he is in office.American softball greats Cat Osterman and Lisa Fernandez are among the general managers who will lead teams in the new format of the Athletes Unlimited Softball League. Athletes Unlimited announced on Monday that four general managers and coaches have been selected for the league, which will start with a new touring format in June before becoming city-based in 2026. Games will be played in several cities in 2025, including Chicago and Wichita, Kansas. Kelly Kretschman will coach Osterman's team and Howard Dobson will coach Fernandez's squad. Jenny Dalton-Hill will be the general manager for a team coached by Stacey Nuveman-Deniz and Dana Sorensen will be the general manager for a squad Alisa Goler will coach. They will be part of an overall leadership group. It includes Kim Ng, the league's senior adviser in charge of launching the league, and advisers Osterman, Jennie Finch, Jessica Mendoza and Natasha Watley. "This unprecedented collection of general managers and head coaches, with their decades of elite softball experience, unique perspectives, and intense drive, sets the stage for AUSL to meet the moment to deliver an action-packed, world-class softball league that this sport has deserved for so long," Ng said. Fernandez, a three-time Olympic gold medalist, is associate head coach at UCLA. The Bruins have won five national titles in her 26 years on the staff, and she won two as a player for the team. Osterman is a three-time Olympian and was a four-time All-American at Texas. She won the Athletes Unlimited individual softball championship in 2020. Athletes Unlimited Softball has featured an individual format since 2020. This will be the first time it will have a traditional team-based league. There will be two seasons next summer, with the second maintaining the individual format. ESPN, the founding broadcast partner of the AUSL, will carry at least 30 games on its platforms. Each team will play 30 games. Team names and logos have not yet been determined.Israel strikes Houthi rebels in Yemen's capital while WHO chief says he was meters away
Top war-crimes court issues arrest warrants for Netanyahu and others in Israel-Hamas fighting
Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause
Charlotte Crosby trebles security measures to ‘feel safe’ amid attempted robberyNone