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Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump's victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It's now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company's Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Story continues below video Facebook owner Meta Platforms fell 0.7% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October. The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.NoneLUQUE, Paraguay (AP) — Sake is perhaps more Japanese than the world-famous sushi. It’s brewed in centuries-old mountaintop warehouses, savored in the country’s pub-like izakayas, poured during weddings and served slightly chilled for special toasts. The smooth rice wine that plays a crucial role in Japan’s culinary traditions was enshrined on Wednesday by UNESCO on its list of the “intangible cultural heritage of humanity.” At a meeting in Luque, Paraguay, members of UNESCO’s committee for safeguarding humanity’s cultural heritage voted to recognize 45 cultural practices and products around the world, including Brazilian white cheese, Caribbean cassava bread and Palestinian olive oil soap. Unlike UNESCO’s World Heritage List, which includes sites considered important to humanity like the Pyramids of Giza in Egypt, the Intangible Cultural Heritage designation names products and practices of different cultures that are deserving of recognition. A Japanese delegation welcomed the announcement in Luque. “Sake is considered a divine gift and is essential for social and cultural events in Japan,” Takehiro Kano, the Japanese ambassador to UNESCO, told The Associated Press. The basic ingredients of sake are few: rice, water, yeast and koji, a rice mold, which breaks down the starches into fermentable sugars like malting does in beer production. The whole two-monthlong process of steaming, stirring, fermenting and pressing can be grueling. The rice — which wields tremendous marketing power as part of Japan’s broader cultural identity — is key to the alcoholic brew. For a product to be categorized Japanese sake, the rice must be Japanese. The UNESCO recognition, the delegation said, captured more than the craft knowledge of making high-quality sake. It also honored a tradition dating back some 1,000 years — sake makes a cameo in Japan’s famous 11th century novel, “The Tale of Genji,” as the drink of choice in the refined Heian court. Now, officials hope to restore sake’s image as Japan’s premier alcoholic drink even as the younger drinkers in the country switch to imported wine or domestic beer and whiskey. “It means a lot to Japan and to the Japanese,” Kano said of the UNESCO designation. “This will help to renew interest in traditional sake elaboration.” In Tokyo, Hitoshi Utsunomiya, the director of the Japan Sake and Shochu Makers Association, a trade group, agreed. “I hope that this will also be an opportunity for Japanese people to take another look at sake, shochu and awamori, which are the essence of their culture. I would like them to try it even once and see what it tastes like,” he said. Japanese Prime Minister Shigeru Ishiba, in a statement, said he was “delighted” by the inscription of traditional sake-making, the traditional technic that Japan is proud of. Ishiba congratulated those who dedicated to preserving and promoting the tradition. Also, Japanese breweries have expressed hope that the listing could give a little lift to the country’s export economy as the popularity of sake booms around the world and in the United States amid heightened interest in Japanese cuisine. Sake exports, mostly to the U.S. and China, now rake in over $265 million a year, according to the association. Japan’s delegation appeared ready to celebrate on Wednesday — in classic Japanese style. After the announcement, Kano raised a cypress box full of sake to toast the alcoholic brew and cultural rite. ___ This story corrects the surname of the Japanese official to Kano instead of Takehiro.As data centers proliferate, conflict with local communities followsph333 jili games 。

MEXICO CITY—Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and officials here are afraid a re-elected Donald Trump or politically struggling Canadian Prime Minister Justin Trudeau could try to leave their country out of the US-Mexico-Canada free trade agreement. Mexico’s ruling Morena party is so afraid of losing the trade deal that President Claudia Sheinbaum said Friday the government has gone on a campaign to get companies to replace Chinese parts with locally made ones. “We have a plan with the aim of substituting these imports that come from China, and producing the majority of them in Mexico, either with Mexican companies or primarily North American companies,” Sheinbaum said. While Sheinbaum claimed Mexico had been working on that effort since the 2021 global supply chain crisis — when factories around the world were stalled by a lack of parts and particularly computer chips from Asia — it appears to be an uphill battle. Even the United States has faced big challenges in moving chip production back home despite billions in subsidies and incentives. Mexico gained tens of thousands of jobs when US and foreign automakers moved their plants to Mexico under the free trade pact to take advantage of much lower wages. But the idea that Chinese parts—or even whole cars—could be piggybacking on that arrangement to further hollow out the US auto industry has enraged some people north of the border. So Mexico is scrambling with private companies to get them to move parts production here. “Next year, God willing, we are going to start making microchips in Mexico,” Mexican Economy Secretary Marcelo Ebrard said on Thursday. “Of course they’re not yet the most advanced chips, but we are going to start producing them here.” Mexico’s nationalistic ruling party, which is normally very resistant to being seen as bending to US demands, is scrambling in other ways, too. The ruling party is in the process of eliminating a half-dozen independent regulatory and oversight agencies that were established by former presidents. That includes the anti-monopoly, transparency and energy regulatory bodies. Together with reforms that will make all judges stand for election in Mexico, that has sparked concern in the US and Canada. Countries are required under the agreement to have some independent agencies, in part to protect foreign investors. For example, they could prevent a government from approving a monopoly for a state-owned company that could force competitors out of the market. So ruling-party legislators are actually re-writing the proposed laws to exactly mimic the minimum accepted requirements under the trade accord. “What is being done is to create a reform so that its almost exactly equal to what exists in the United States, so we can clear that up,” Ebrard said. It’s all part of a very legalistic defense of the trade accord, signed in 2018 and approved in 2019. Mexico hopes the rules of the agreement would prevent the US or Canada from simply walking away when the trade pact comes up for review in 2026. Experts agree, saying that totally abandoning the accord is unlikely. Gabriela Siller, director of economic analysis of the financial group Banco Base notes that if a country is dissatisfied with the trade agreement during the periodic reviews, like in 2026, there is a clause in the pact that says they can ask for a review each year to work out a solution, and keep doing that for a decade while the agreement remains in force. “That is, they wouldn’t be able to get out until 2036,” Siller said. “I think they will play hardball with Mexico in the 2026 review.” Like any marriage, when the pact no longer works for one party, it may still drag on for years but it’s death by a thousand cuts. C.J. Mahoney, who served as deputy US trade representative in Trump’s first administration, said in a talk for the Texas-based Baker Institute in September that the United States probably wouldn’t end the trade agreement. But with growingly vocal critics of the pact it could hold up renewing it for years. “The costs of not renewing immediately are actually quite relatively low,” Mahoney said. “I think the inclination to just kick the can down the road will be pretty strong.” Because many companies won’t make big investments in production facilities without certainty, that could be a serious if not fatal blow to the pact. How much does Mexico actually buy from China? Mexican officials say they have fewer imports of Chinese parts and products than the United States does. But given the enormous size difference between the two countries’ economies, it is a true but weak argument. In July, the US imposed tariffs on steel and aluminum shipped from Mexico that were made elsewhere, in an attempt to stop China from avoiding import taxes by routing goods through Mexico. It includes a 25% tariff on steel not melted or poured in Mexico and a 10% tariff on aluminum. Sen. Sherrod Brown, an Ohio Democrat, has called for stopping Mexican steel imports, saying “the alarming rise in Chinese steel and aluminum coming into the country through Mexico ... is unsustainable and a threat to American jobs, as well as our economy and national security.” In the end, Mexico may be forced to crack down on Chinese imports, but it won’t be easy. “Reducing the dependence on Chinese imports is not going to be achieved in the short or medium term,” said José María Ramos, a professor of public administration at the Colegio de la Frontera Norte in Tijuana. Image credits: AP/Fernando Llano

After leaving the I'm A Celebrity...Get Me Out of Here camp, Alan Halsall has revealed he has signed a new contract to remain on the Coronation Street cobbles. The actor, 42, has played the role of Tyrone Dobbs on the ITV soap for 27 years. And now he has revealed his delight after confirming he has penned a 12-month extension - and will neck a pint of Guinness to celebrate. Alan had constantly described his pride at his role on the long-running soap while chatting with campmates Down Under. And now he has described how his on-going role is a sense of achievement for himself, who grew up as a Corrie fan in Salford. Speaking to the Sun in Australia , Alan said: "I'm thrilled to bits. That's the job I love, so long may it continue. I'll maybe have a couple of pints of Guinness to toast it." He even continued to joke that some of the celebrities in camp with him would be at home on the Corrie cobbles. During his time on the show, Alan said Coleen Rooney had a great acting career ahead if she wanted it. After the pair tried to trick their campmates into thinking they had failed a task, Alan said: "We managed to drag it out. Coleen was fantastic, a proper leading actress. I believed Coleen - and I was in on the joke. "She was absolutely fantastic as an actress. I said, 'I think she could be a barmaid of the Rovers Return.' She was absolutely brilliant." Meanwhile, he also seemed to take aim at another former campmate as he branded them a performer. He claimed radio DJ Dean McCullough played up to the cameras in the jungle. After Alan and social media star GK Barry were voted off the show, the actor made his true feelings known towards Dean. During an interview on the show's spin-off show Unpacked, host Sam Thompson asked Alan if there were any "performers" in the camp. Alan then responded saying: "Dean! He's got a story written all over his face. It's ridiculous!" While in the jungle, avid viewers will remember that Dean was seen snapping at Alan. On one occasion, Alan had tried to get Dean to wake up and help Loose Women star Jane Moore with chores. However, Dean blasted Alan for trying to make him look bad by making out he didn't want to pull his weight in camp. Alan was quick to say sorry, but the tense interaction was picked up by viewers at home. Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads

Major council targets caravan and boat owners in crackdown after 'receiving numerous complaints'CARBONDALE, Ill. (AP) — Southern Illinois quarterback Michael Lindauer's coming-out party also was a dazzling farewell. The senior graduate assistant, pressed into duty as a player again when injuries left the Salukis in need of a quarterback, made his first career start — on Senior Day, no less — and threw for a school-record seven touchdowns in a 62-0 victory over Murray State on Saturday. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.North Texas Republican wants to zero out the budget for any Texas public university offering LGBTQ studies

LEXINGTON, Va. (AP) — Leo Colimerio had 15 points in Queens' 81-78 win against VMI on Saturday. Colimerio had seven rebounds and five assists for the Royals (4-5). Jaxon Pollard scored 13 points while finishing 6 of 8 from the floor and added eight rebounds. Yoav Berman had 12 points and shot 4 of 7 from the field, including 3 for 6 from 3-point range, and went 1 for 4 from the line. A 3-pointer by TJ Johnson got VMI within 77-76 with 8 seconds remaining, but Nasir Mann's layup gave Queens an important three-point lead with 6 seconds left. Rickey Bradley, Jr. led the way for the Keydets (5-6) with 19 points and four steals. TJ Johnson added 17 points, six rebounds and three steals for VMI. Augustinas Kiudulas also put up 15 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .MIDLAND, Texas , Nov. 27, 2024 /PRNewswire/ -- A Midland man has filed a multi-million-dollar lawsuit against an oil field equipment supplier alleging that its cement pump truck was unreasonably dangerous and the cause of a dangerous incident. This lawsuit alleges that Orteq Energy Technologies, LLC, the Defendant oil field equipment supplier, designed and sold a custom cement pump truck for oil and gas wall cementing that was dangerous and defective in its design and violated OSHA regulations. The Plaintiff, Scott Calcote , filed the lawsuit today, in the 142nd District Court of Midland County, Texas . The lawsuit alleges that in January of this year, the Plaintiff and a crew had arrived at a wellhead in Midland County to begin wall cementing. While standing on the cement pump truck during standard procedure in preparation for cementing operations, Plaintiff fell off the truck approximately 10 feet, suffering severe trauma to the head. The lawsuit further alleges that the area where he was standing was unreasonably dangerous and did not have any guardrails in place. The lawsuit further alleges that the Plaintiff sustained severe and catastrophic injuries as a result of the fall, including a very serious skull fracture and traumatic brain injury requiring immediate emergency attention and emergency brain surgery, which rendered him permanently disabled. Derek Potts , National Managing Partner of Potts Law Firm , the firm representing the Plaintiff, said, "Oil field workers must do their jobs in one of the most dangerous work environments in the world and have so many risks to deal with already. To have unsafe equipment on top of the regular hazards they encounter on a daily basis is clearly unacceptable." This lawsuit is styled Scott Calcote v. Orteq Energy Technologies, LLC ; Cause No. DCV-24-00542, in the 142nd District Court of Midland County . View original content to download multimedia: https://www.prnewswire.com/news-releases/potts-law-firm-traumatic-brain-injury-incident-leads-to-lawsuit-against-supplier-of-oil-field-equipment-302317797.html SOURCE Potts Law Firm © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Red Star Belgrade crush Stuttgart to earn first CL points