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NEW YORK (AP) — U.S. stocks closed at more records after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street. The S&P 500 rose 0.6% to reach another all-time high. The Dow Jones Industrial Average added 0.3% to its own record set the day before, while the Nasdaq composite rose 0.6% as Big Tech stocks helped lead the way. Stock markets abroad saw mostly modest losses, after President-elect Trump said he plans to impose sweeping tariffs on Mexico, Canada and China as soon as he takes office. U.S. automakers and other companies that could be hurt particularly by such tariffs fell. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are rising toward records Tuesday after Donald Trump’s latest talk about tariffs created only some ripples on Wall Street, even if they could roil the global economy were they to take effect. People are also reading... The S&P 500 climbed 0.5% and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average added 81 points, or 0.2%, to its own record set the day before, while the Nasdaq composite was 0.5% higher, with less than an hour remaining in trading. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada's main index edged down by just 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. General Motors sank 8.2%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.9%. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support to the job market . While lower interest rates can boost the overall economy and prices for investments, they can also offer more fuel for inflation. “Many” officials at the Fed's last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. Unlike tariffs in Trump's first term, his proposal from Monday night would affect products across the board. Trump’s tariff talk came almost immediately after U.S. stocks rose Monday amid excitement about his pick for Treasury secretary, Scott Bessent. The hope was the hedge-fund manager could steer Trump away from policies that balloon the U.S. government deficit, which is how much more it spends than it takes in through taxes and other revenue. The talk about tariffs overshadowed another set of mixed profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates instituted by the Fed to get inflation under control. Kohl’s tumbled 17.6% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.7% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. J.M. Smucker jumped 5.4% for one of the biggest gains in the S&P 500 after topping analysts' expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 2.8% for Amazon and 2% for Microsoft were the two strongest forces lifting the S&P 500. In the bond market, Treasury yields rose following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury climbed to 4.30% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It's since dipped back toward $91,600, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed. The business news you need

Warren Buffett's Berkshire hits near six month highJoanna Gaines is creating spaces for everyone, and when she says everyone, she means it. Over the past 20 years that she has been building her home renovation empire, and especially since becoming an HGTV darling, the Magnolia founder has found national, if not global, stardom. However, being in the spotlight hasn't come without its fair share of ups and downs and backlash, and though she has typically shied away from addressing it, she's now speaking out on why it's so important to her to clarify some misconceptions about her. For a new feature on Architectural Digest , Joanna, who runs her business with husband Chip Gaines , opened up about the hate she has received online for her perceived political inclinations; though she has never disclosed her family's political affiliations, people have made assumptions, and criticized her from that, nonetheless. "I get emotional about it," she said, before noting that she grew up in Kansas and later Texas, in the 1980s, being half-Korean, as the daughter of a Korean immigrant, her mother Nan Stevens. She continued: "You’re talking about a little girl who, for years, tried to hide pieces of herself, because I felt as though I wasn't included, or good enough. I looked like what I was: Korean — half Korean." "Now that I'm older, I realize the things I was picked on for are what I’m the most proud of," she then noted, adding: "Having to work out of that [headspace], even in my 40s, I am so empathetic towards people who feel different and who look different." MORE: Joanna Gaines opens up about poignant moment concerning six-year-old son Crew MORE: Joanna Gaines delivers 'grateful' message with family photo as fans react "I understand how much harder you have to work to just show up and say, 'Well, I'm good! It's me!" she maintained. "And so, when I hear people labeling me as someone who wouldn't like someone because of this or that reason, it couldn't be further from who I am as a human being." "We believe everyone has a seat at the table. I don't say that to mean: 'Well, but not you, and you, and a little bit of you.' We wouldn't put that statement on our website, in our restaurants, on our books because we kind of mean it. We truly mean everyone has a seat at the table," she emphasized. MORE: Joanna Gaines reflects on 'tensions' for 5 kids in reflective message Elsewhere in the interview, Joanna also opened up about the feelings of imposter she felt coming up in her industry with no formal education in design and architecture. MORE: Chip Gaines dreading big day ahead in personal life: 'I feel conflicted' "I was a local boutique owner, and then I was doing design and renovations with Chip for years. And then, you get noticed by a production company — you're naive, you think: 'Maybe some people in Waco will see the show,'" she first said. She then added: "And then you realize, six months later, 'Oh, my gosh, this is national. People are watching our work.' I remember, in that moment, thinking, 'I'm going to get found out. Every 'real' designer is going to be, like, 'Why is she on TV? She's not real.' I had to have a real come-to-Jesus moment with myself: If I want to stay true to what the client wants, their story, this is what design is for me."Unselfish Grizzlies carry 5-game win streak into clash vs. Pacers

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Former prime minister Gordon Brown and Scottish First Minister John Swinney were among those who remembered a “giant of a man” during a memorial service for Alex Salmond. Tributes were paid to the former Scottish first minister, who died suddenly in North Macedonia in October at the age of 69. A private family funeral has already taken place, with Saturday’s memorial service in Edinburgh held to celebrate his love of Scotland and his commitment to the cause of independence. But while some 500 people, including family, friends and politicians from across the spectrum attended the service at St Giles’ Cathedral, his successor Nicola Sturgeon was not present. A rift between her and Mr Salmond – who she had previously described as her mentor – developed during her term as SNP leader. Ms Sturgeon attended the funeral of Scottish comedian Janey Godley in Glasgow on Saturday morning. Her successor, Mr Swinney, was met with boos as he arrived at the service – held on St Andrew’s Day – with at least one person in the crowd outside on the Royal Mile shouting “traitor”. Mr Salmond stood down as SNP leader and first minister after the 2014 referendum in which Scots voted to stay part of the UK. He helped found and went on to lead another pro-independence party, Alba, with Kenny MacAskill, a long-time friend who served as justice secretary in Holyrood under Mr Salmond. Mr MacAskill, now the acting Alba leader, told the congregation – which included Mr Salmond’s widow Moira as well as Scottish Labour leader Anas Sarwar, former Labour first minister Henry McLeish and Scottish Conservative leader Russell Findlay – that Mr Salmond had been a “giant of man”. Mr MacAskill, who quit the SNP to join Alba, hailed Mr Salmond as “an inspiration, a political genius” and being “most of all a man who had the cause of independence burned into his heart and seared in his soul”. The cause of independence was Mr Salmond’s “guiding light, his north star”, the former justice secretary said, adding that “he came so close to achieving it”. He added: “Those of us who share his dream must conclude that journey on his behalf. That’s the legacy he’d expect and the duty we owe him.” Recalling Mr Salmond’s words from when he stood down as first minister that “the dream shall never die”, Mr MacAskill concluded his address with the words: “Your dream shall be delivered.” Former Conservative Brexit minister and long-time friend of Mr Salmond, David Davis, gave a reading as did former Scottish government minister SNP MSP Fergus Ewing. Scottish folk singer Dougie MacLean performed his famous song Caledonia, while singer Sheena Wellington led mourners in a rendition of Robert Burns’ classic A Man’s A Man For A’ That. Scottish rock duo the Proclaimers were applauded for their performance of Cap in Hand – a pro-independence song which features the line “I can’t understand why we let someone else rule our land, cap in hand”. Brothers Craig and Charlie Reid said: “We’re going to do this for Alex, with love and respect and eternal gratitude for everything you did for our country.” Christina Hendry described her Uncle Alex as a “political giant, a strong leader, a fearless campaigner” but also remembered his as a “dearly loved husband, brother and uncle”. While she said he had been “the top man in Scotland”, he had “always made time for his family”, recalling how he phoned her brother on his birthday – the day after the Scottish independence referendum in 2014 – to apologise for not posting a card “as he’d been busy”, before telling them he would “resigning in 10 minutes”. She told the congregation: “As his family, we always felt loved no matter how far away he was or the time that passed before we saw him next. “We always knew he was standing up for our country, and for that we were grateful.” Ms Hendry continued: “The world will be a much quieter place without Uncle Alex, for Moira, for the wider family and for Scotland. “Uncle Alex passing means a great loss for many. A loss of Scotland’s voice on the international stage. A loss of integrity in Scottish politics. And a great loss to Scotland’s independence movement. “As a family it is likely a loss we will never get over.” Duncan Hamilton KC, who was an SNP MSP after the first Scottish Parliament elections, but also served as a political adviser and legal counsel to Mr Salmond, said the former first minister had “rightly been hailed as one of the greatest Scottish politicians of this, or any, generation”. He told how Mr Salmond took the SNP from being “a fringe act trying to get onto the main stage” to a party of government. “In Scottish politics, his success was both spectacular and unrivalled,” Mr Hamilton said. “Alex Salmond will forever be a pivotal figure in Scotland’s story. He changed a nation. He inspired a country. “History will certainly remember him as a man of talent, charisma and substance. But also as a political leader of courage, vision and intelligence. “He dared to dream. And so should we.” As the service finished the crowd gathered outside applauded and chanted “Alex, Alex” before singing Flower Of Scotland.

New Orleans Saints wide receiver Chris Olave has consulted with multiple specialists while recovering from his second concussion of the 2024 NFL season. Saints interim head coach Darren Rizzi said that Olave is due to meet with another expert as well. "He's still going through that whole process," Rizzi told reporters . "He's met with a bunch of people, he's got another meeting coming up here next week. He's met with some different specialists throughout the country. ... He's in a good place." Olave was on hand for Tuesday's practice. The third-year pass-catcher suffered his most recent concussion in New Orleans' 23-22 loss to the Carolina Panthers on Nov. 3. He has had four since entering the NFL in 2022. Rizzi made it clear at the time that Olave's health took priority over anything else. "We're more worried about Chris Olave the person and making sure that everything's good," he said . "Then once he goes through that process, we'll bring it back to football to see how that fits in. When I say day to day, it sounds like coach-speak. He's kind of seeing some specialists and we'll go through the process." The Saints have yet to rule Olave out for the current season. While they placed him on injured reserve, he's eligible to return after sitting out four games. He could suit up as early as New Orleans' Week 15 clash with the Washington Commanders. Given how cautiously the team is handling the matter, along with the fact Olave is still seeking medical guidance, he may have played his last game for 2024.Buffalo Sabres (11-10-2, in the Atlantic Division) vs. New York Islanders (8-10-6, in the Metropolitan Division) Read this article for free: Already have an account? To continue reading, please subscribe: * Buffalo Sabres (11-10-2, in the Atlantic Division) vs. New York Islanders (8-10-6, in the Metropolitan Division) Read unlimited articles for free today: Already have an account? Buffalo Sabres (11-10-2, in the Atlantic Division) vs. New York Islanders (8-10-6, in the Metropolitan Division) Elmont, New York; Saturday, 7:30 p.m. EST BETMGM SPORTSBOOK LINE: Islanders -130, Sabres +110; over/under is 5.5 BOTTOM LINE: The New York Islanders take on the Buffalo Sabres as losers of three straight games. New York has gone 3-5-2 in home games and 8-10-6 overall. The Islanders have gone 6-1-1 in games they score one or more power-play goals. Buffalo is 5-4-1 in road games and 11-10-2 overall. The Sabres have a 4-7-1 record in games their opponents commit fewer penalties. Saturday’s game is the second time these teams match up this season. The Islanders won the previous meeting 4-3. Simon Holmstrom scored two goals in the victory. TOP PERFORMERS: Kyle Palmieri has 10 goals and nine assists for the Islanders. Brock Nelson has five goals and five assists over the last 10 games. Tage Thompson has 11 goals and seven assists for the Sabres. Rasmus Dahlin has five goals and five assists over the past 10 games. LAST 10 GAMES: Islanders: 2-4-4, averaging 2.7 goals, 4.6 assists, 2.4 penalties and 5.1 penalty minutes while giving up three goals per game. Sabres: 6-3-1, averaging three goals, 4.7 assists, 4.3 penalties and 8.9 penalty minutes while giving up 2.5 goals per game. INJURIES: Islanders: None listed. Sabres: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. AdvertisementHKUST can draw talent to Hong Kong for third medical school despite inexperience: adviser

Maryland bullies Bucknell to secure third straight winAlexander Labrunerie & CO. Inc. boosted its holdings in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 17.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,928 shares of the computer hardware maker’s stock after acquiring an additional 8,012 shares during the quarter. NVIDIA comprises approximately 3.1% of Alexander Labrunerie & CO. Inc.’s portfolio, making the stock its 8th biggest holding. Alexander Labrunerie & CO. Inc.’s holdings in NVIDIA were worth $6,670,000 as of its most recent SEC filing. Several other institutional investors also recently made changes to their positions in NVDA. University of Texas Texas AM Investment Management Co. grew its holdings in NVIDIA by 897.5% in the second quarter. University of Texas Texas AM Investment Management Co. now owns 119,110 shares of the computer hardware maker’s stock valued at $14,715,000 after purchasing an additional 107,169 shares during the last quarter. Truepoint Inc. raised its position in NVIDIA by 914.1% during the second quarter. Truepoint Inc. now owns 12,990 shares of the computer hardware maker’s stock worth $1,605,000 after acquiring an additional 11,709 shares during the last quarter. Westwood Holdings Group Inc. lifted its holdings in shares of NVIDIA by 683.9% in the second quarter. Westwood Holdings Group Inc. now owns 238,829 shares of the computer hardware maker’s stock valued at $29,505,000 after purchasing an additional 208,362 shares in the last quarter. Legal & General Group Plc raised its position in shares of NVIDIA by 884.0% during the 2nd quarter. Legal & General Group Plc now owns 213,127,959 shares of the computer hardware maker’s stock worth $26,329,751,000 after purchasing an additional 191,469,114 shares during the last quarter. Finally, Lombard Odier Asset Management Europe Ltd grew its holdings in NVIDIA by 1,106.0% during the 2nd quarter. Lombard Odier Asset Management Europe Ltd now owns 532,285 shares of the computer hardware maker’s stock valued at $65,758,000 after buying an additional 488,148 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In A number of analysts recently commented on NVDA shares. Craig Hallum increased their price objective on NVIDIA from $125.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, August 29th. Loop Capital reissued a “buy” rating and set a $175.00 price objective on shares of NVIDIA in a research note on Wednesday, November 20th. TD Cowen boosted their price target on NVIDIA from $165.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Wells Fargo & Company lifted their price objective on NVIDIA from $165.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, November 21st. Finally, Robert W. Baird raised their price target on NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Four research analysts have rated the stock with a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.15. Insider Buying and Selling In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm’s stock in a transaction dated Friday, September 20th. The stock was sold at an average price of $116.51, for a total transaction of $524,295.00. Following the completion of the sale, the insider now directly owns 492,409 shares in the company, valued at approximately $57,370,572.59. This trade represents a 0.91 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink . Also, Director John Dabiri sold 716 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $142.00, for a total transaction of $101,672.00. Following the completion of the sale, the director now directly owns 19,942 shares of the company’s stock, valued at $2,831,764. This trade represents a 3.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last 90 days, insiders sold 2,036,986 shares of company stock valued at $240,602,399. Company insiders own 4.23% of the company’s stock. NVIDIA Stock Up 2.2 % Shares of NVDA stock opened at $138.25 on Friday. NVIDIA Co. has a 1 year low of $45.01 and a 1 year high of $152.89. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The stock has a market cap of $3.39 trillion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.45 and a beta of 1.66. The business’s fifty day moving average is $136.05 and its 200-day moving average is $123.67. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.69 by $0.12. The business had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. NVIDIA’s revenue was up 93.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.38 earnings per share. Equities analysts expect that NVIDIA Co. will post 2.76 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 5th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA’s dividend payout ratio (DPR) is presently 1.57%. NVIDIA announced that its Board of Directors has initiated a share buyback program on Wednesday, August 28th that allows the company to repurchase $50.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued. About NVIDIA ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Read More Five stocks we like better than NVIDIA How to Effectively Use the MarketBeat Ratings Screener The Latest 13F Filings Are In: See Where Big Money Is Flowing What is the Euro STOXX 50 Index? 3 Penny Stocks Ready to Break Out in 2025 Earnings Per Share Calculator: How to Calculate EPS FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .

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Washington Capitals (16-6-1, in the Metropolitan Division) vs. New Jersey Devils (16-8-2, in the Metropolitan Division) Newark, New Jersey; Saturday, 7 p.m. EST Devils -168, Capitals +142; over/under is 6 BOTTOM LINE: The New Jersey Devils host the Washington Capitals after the Capitals knocked off the New York Islanders 5-4 in overtime. New Jersey is 16-8-2 overall with a 4-1-2 record against the Metropolitan Division. The Devils are fifth in the league with 89 total goals (averaging 3.4 per game). Washington is 16-6-1 overall with a 6-4-0 record in Metropolitan Division games. The Capitals have a 5-2-1 record in games decided by one goal. Saturday's game is the fourth time these teams square off this season. The Devils won the last meeting 3-2. TOP PERFORMERS: Jesper Bratt has 10 goals and 19 assists for the Devils. Stefan Noesen has five goals and two assists over the last 10 games. Dylan Strome has eight goals and 26 assists for the Capitals. Connor McMichael has scored five goals and added four assists over the past 10 games. LAST 10 GAMES: Devils: 7-3-0, averaging 3.1 goals, five assists, four penalties and 10.3 penalty minutes while giving up 2.3 goals per game. Capitals: 7-2-1, averaging 4.4 goals, 7.2 assists, 3.9 penalties and 8.7 penalty minutes while giving up 2.5 goals per game. INJURIES: Devils: None listed. Capitals: None listed. ___ The Associated Press created this story using technology provided by and data from . The Associated PressLeo Wealth LLC Has $9.57 Million Holdings in NVIDIA Co. (NASDAQ:NVDA)