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Kotaku’s Weekend Guide: 4 Sweet Games We Can’t Wait To Dive Back Into
Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7% and Google parent Alphabet slid 1.1%. Among the market's other decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.TCU leading scorer Frankie Collins will miss rest of season after breaking left foot
More NASA Science, Tech will Fly to Moon Aboard Future Firefly Flight
Stock market today: Wall Street ends mixed after a bumpy weekCHRISTMAS was once cancelled in England – and it wasn’t by the Grinch. It sounds like a nightmare – no mince pies, no carols, not even a Christmas tree in sight – but for almost 20 years in England , festive cheer was illegal. The holiday was officially cancelled in the 1640's. MP Oliver Cromwell and his Puritan supporters launched a brutal crackdown on Christmas. They didn’t just frown upon celebrations; they outright banned them, from feasting to decorations. A December 1643, a law passed which demanded the holiday be marked with “solemn humiliation” rather than joy. Read more on christmas Parties and holiday cheer were strictly off the table. By 1644, the restrictions only intensified – Christmas was to be treated like any other day. Festive classics like mince pies and plum puddings were banned outright. According to Historic England: "Shops and markets were told to stay open on 25 December. Most read in The Sun "And in the City of London soldiers were ordered to patrol the streets, seizing any food they discovered being prepared for Christmas celebrations." But enforcing the ban was far from smooth sailing. In Canterbury, when one shopkeeper refused to open on Christmas Day, locals took to the streets in what became known as the Plum Pudding Riot. Angry crowds smashed windows, tore up the mayor’s robes, and even forced him to flee. This rebellion sparked a wave of protests in cities like London, Norwich, and Ipswich, and sailors in Kent laid siege to ports. Yet Cromwell’s ban stayed in place for years. Christmas wasn’t restored until 1660, when the monarchy returned and the Puritans lost power . Though Cromwell’s efforts ultimately failed, the impact of his crackdown lingered – even across the Atlantic, where the Pilgrims adopted a similar Christmas ban in America’s colonies. While Cromwell tried to cancel Christmas, Dutch settlers in America were celebrating their own version of the holiday with Sinterklaas – who would eventually evolve into Santa Claus. Over time, Santa found his way back to England , blending with Father Christmas to become the jolly figure we know today. It’s hard to imagine Christmas without carols and treats, if it weren't for Canterbury’s spark of rebellion our festive traditions could have looked very different. READ MORE SUN STORIES Meanwhile, Brits can enjoy the Christmas cheer in the top most festive cities in England . Or for those looking to get away for Christmas break, we've revealed the best Christmas markets to visit in Europe . According to number of “Christmas” mentions per head in historic newspaper articles 1. Durham: 1.00 2. Cambridge: 0.95 3. York: 0.8 4. Ely: 0.70 5. Oxford: 0.69 6. Lincoln: 0.69 7. Salisbury: 0.67 8. Derby: 0.58 9. Bath: 0.54 10. Exeter: 0.54