NEW YORK — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and other big technology stocks helped it claw back almost all its losses from last week, which was its worst in nearly 18 months. The Dow Jones Industrial Average jumped 297 points, or 0.7%, and at one point got within 30 points of its record set last…
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Overview: The US jobs report is front and center. The market is going into the report with about a 40% chance of a 50 bp Fed rate cut later this month. The Dollar Index is trading lower for the third consecutive session. Helped by the fifth consecutive decline in US 10-year yields, the yen approached last month’s high but without the turmoil seen in July and August. Still, equity markets are under pressure. Most large markets in the Asia Pacific region fell. Taiwan and Australia were exceptions. Europe’s Stoxx 600 is off for the fifth consecutive session, the longest drop…
Tower Bridge Advisors boosted its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 60.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,900 shares of the computer hardware maker’s stock after acquiring an additional 11,260 shares during the quarter. Tower Bridge Advisors’ holdings in NVIDIA were worth $3,694,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVDA. Lowe Wealth Advisors LLC purchased a new stake in NVIDIA during the…
Case manufacturer Flash Scale has announced a new ultra-compact Micro-ATX chassis resembling the size and form factor of Mini-ITX cases, as reported by IT Home. Known as the G300 “Mini Cannon,” the case measures just 16.8 liters in volume and has a handle at the top for easy portability.The G300 features a popular configuration among Mini-ITX chassis: the power supply is mounted in the front of the case. Compared to conventional configurations, this change vastly improves the space efficiency and allows case designers to shrink a chassis’ size, which would otherwise be impossible.(Image credit: IT Home)The entire case focuses on…
Though it already has a loss to its name, LSU’s hopes of making the inaugural 12-team College Football Playoff remain very much alive.The No. 17 Tigers simply need to prove their worthiness over the next several months in SEC play, with a conference title granting them an automatic berth into the field and a sufficiently impressive resume getting them an at-large spot.The work to achieve that easier-said-than-done goal begins Saturday, when coach Brian Kelly and his team travel to Columbia, South Carolina to take on South Carolina in LSU’s 2024 SEC opener.REQUIRED READING: Inside look at LSU’s new recovery center.…
Dear Eric: I’m a 62-year-old female and have been married to my second husband (a 65-year-old male) for 30 years. Empty nesters. Never once has my husband divulged to me what his financial situation is. Now that I am disabled and don’t work anymore, I depend on him financially. He just tells me to not spend so much. I don’t by any means. I have no idea where we stand. I’ve asked him many times to sit down with me and plan a budget. I am on a fixed income, he still works. I feel like I’m going through life…
When an angry Rikishi ripped off the following quote on his Off The Top podcast after repeatedly watching his son, Jey Uso, get overlooked for opportunities on television, it turned heads around the IWC for, well, obvious reasons.“It’s a concern. At the end of the day, these are our bodies, and this is my flesh and blood. My flesh and blood is pounding his body day in and day out,” Rikishi declared via Fightful. “He has a family and comes home aching, his body is hurting. He’ll never sell it because he’s not trained to quit. You sign that dotted…
HONOLULU (HawaiiNewsNow) – Memorial services will be held for the late Twinkle Borge in Leeward Oahu this Sunday.It’s from 10 a.m. to 2 p.m. at Puuhonua O Waianae Farm Village. The program will begin at 11 a.m.Government leaders who have worked with Borge over the years will be in attendance including Gov. Josh Green, former Gov. David Ige and Honolulu City Councilwoman Andria Tupola.Gov. Green is expected to present a proclamation designating Sept. 15 as a “Day of Aloha” in her honor.Tupola is also expected to present Borge’s family with a Certificate in Memoriam from the City and County of…
By Leika KiharaTOKYO (Reuters) -Sanae Takaichi, Japan’s minister in charge of economic security and a leading candidate in the ruling party’s leadership race, said on Saturday the central bank should maintain ultra-low interest rates to support the fragile economic recovery.”Frankly, it was too early,” she told a news conference gathering the nine candidates running in the race, when asked about the Bank of Japan’s (BOJ) interest rate hikes this year.”Interest rates ought to be kept low,” said Takaichi, who is emerging as a strong candidate for the leadership of the Liberal Democratic Party (LDP).Takaichi’s remarks follow those she made on…
A glass production facility in Wilson will close next month, but recycling in Raleigh, Durham and other Triangle towns will not change, local officials say.Ardagh Glass Packaging — which receives recycled glass from Raleigh, Durham, Fuquay-Varina and other places across the Triangle — is closing facilities in Ruston, Louisiana, in addition to Wilson, WRAL first reported.Wilson’s Ardagh location will close in mid-July, said spokesperson Gina Behrman. An estimated 400 employees work at the plant, according to Wilson Economic Development.Individuals in the recycling industry say this closure will not impact recycling in the Triangle, and glass recycling can (and should) continue…