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IN PHOTOS: Energy fills Place Bell for Montreal Victoire VS Ottawa Charge home openerNEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia, Tesla and Microsoft. Even with the loss, the S&P 500 had a modest gain for the week and is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. The yield on the 10-year Treasury rose to 4.62%. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — Technology stocks are dragging down the market Friday as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.3%, with more than 90% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week. The Dow Jones Industrial Average fell 418 points, or 1%, to 42,878 as of 1:43 p.m. Eastern time. The Nasdaq composite fell 1.8%. Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 2% decline. A wide range of retailers also fell. Amazon fell 1.9% and Best Buy slipped 1.8%. The sector is being closely watched for clues on how it performed during the holiday shopping season. Energy stocks held up better than the rest of the market, with a loss of just 0.1% as crude oil prices rose 1.4%. The S&P 500 gained nearly 3% over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline. “There's just some uncertainty over this relief rally we've witnessed since last week,” said Adam Turnquist, chief technical strategist for LPL Financial. Despite Friday's drop, the market is moving closer to another standout annual finish . The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve's interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024. Even though Inflation has come closer to the central bank's target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Amedisys rose 4.7% after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns he combination would hinder access to home health and hospice services in the U.S. The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. Markets in Europe gained ground. Bond yields held relatively steady. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Thursday. The yield on the two-year Treasury slipped to 4.31% from 4.33% late Thursday. Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity. Damian J. Troise, The Associated PressBuggs' 15 lead East Tennessee State over Austin Peay 79-57
Salah 'far away' from new deal with Liverpool
Dillard’s, Inc. Declares Quarterly Dividend of $25.00 (NYSE:DDS)
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Hamilton 'looking forward to the end' after qualifying woes in Qatar
How fighter frustrations brought back the old UFC glovesIf you’re on a routine for putting your trash cans out, you might want to take a second look at your calendar. The City of Sarnia is modifying its waste collection schedule to optimize garbage pickup, and pivoting from picking up Christmas trees at curbside, to disposing of them at a central location. As of January 6, yard waste will be pivoting to a bi-weekly schedule in alternating zones from April to December, and routes will be changed to optimize pick-up and reduce collection delays. There will be some zones where the change will create a three-week delay in delivery – this will then mean that those select areas will receive one additional pickup to reduce that gap. You can visit the city’s website to make sure that you know your collection day and/or zone change. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 20 Of The Best Gift Ideas For Men Under $200 13 Of The Best Self-Care Gifts You Can Find On Amazon Canada 19 Of The Best Tech Gifts Under $100 Home Our Guide To The Best Cookware Sets In Canada In 2024 (And Where To Get Them) Our Guide To The Best Space Heaters In Canada In 2024 (And Where To Get Them) Our Guide to the Best Portable Induction Cooktops in Canada in 2024 (And Where to Get Them) Gifts 21 Of The Best Gift Ideas For Women Under $300 19 Of The Best Stocking Stuffers For Teenagers 15 Useful Amazon Products That Make Great Stocking Stuffers Beauty Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit Deals Here Are All The Best Amazon Black Friday Deals You Can Find On Beauty Products In Canada Here Are The Best Black Friday/Cyber Monday Deals You Can Find On Household Essentials In Canada This Smart Security Camera System Will Help You Keep An Eye On Your Home (And It's On Sale For 62% Off Right Now) London Top Stories Sarnia to modify waste collection pickup - check to make sure your day hasn't changed Collision closes Wellington Road northbound London considers opening up more land for residential development in city’s rural areas Parts of region bracing for up to one metre of snow this weekend London Knights win 17th straight, Cowan misses third straight game City and Byron property owner approach agreement after years of disputes CTV News London’s top stories from this week Crown witness describes chaotic night after bush party shooting CTVNews.ca Top Stories Canadian team told Trump's tariffs unavoidable in short term in surprise Mar-a-Lago meeting During a surprise dinner at Mar-a-Lago, representatives of the federal government were told U.S. tariffs from the incoming Donald Trump administration cannot be avoided in the immediate term, two government sources tell CTV News. Toronto man accused of posing as surgeon, performing cosmetic procedures on several women A 29-year-old Toronto man has been charged after allegedly posing as a surgeon and providing cosmetic procedures on several women. W5 Investigates | 'I never took part in beheadings': Canadian ISIS sniper has warning about future of terror group An admitted Canadian ISIS sniper held in one of northeast Syria’s highest-security prisons has issued a stark warning about the potential resurgence of the terror group. Is a phone for your kid on the holiday shopping list? Read this first Many families may be considering giving their children their first device with direct access to the internet and social media, but there are some concerns. Poilievre suggests Trudeau is too weak to engage with Trump, Ford won't go there While federal Conservative Leader Pierre Poilievre has taken aim at Prime Minister Justin Trudeau this week, calling him too 'weak' to engage with U.S. president-elect Donald Trump, Ontario Premier Doug Ford declined to echo the characterization in an exclusive Canadian broadcast interview set to air this Sunday on CTV's Question Period. Bruce the tiny Vancouver parrot lands internet fame with abstract art Mononymous painter Bruce has carved a lucrative niche on social media with his abstract artworks, crafted entirely from the colourful juices of fruits. Why this Toronto man ran so a giant stickman could dance Colleagues would ask Duncan McCabe if he was training for a marathon, but, really, the 32-year-old accountant was committing multiple hours of his week, for 10 months, to stylistically run on the same few streets in Toronto's west end with absolutely no race in mind. It was all for the sake of creating a seconds-long animation of a dancing stickman for Strava. Former Ont. teacher charged with sexually assaulting a teen nearly 50 years ago A senior from Clearview Township faces charges in connection with an investigation into a sexual assault involving a teen nearly 50 years ago. It's time for a good movie this holiday season, here's what's new in theatres This holiday season has a special edition at the theatres with movies "that everyone has been waiting for," says a movie expert from Ottawa. Kitchener SIU invokes mandate after OPP-involved shooting on Highway 401 in Cambridge Highway 401, through Kitchener, was brought to a standstill Friday due to an investigation by Ontario Provincial Police. Family of Guelph, Ont. man killed in B.C. crash pushing for case review The family of a Guelph, Ont. man who was killed in a car crash in British Columbia is pushing for a review of the case, after learning about the charge that a driver involved is now facing. Region of Waterloo considers reducing, and even cutting, some services to keep tax increase down The Region of Waterloo is considering reducing or eliminating some services in an effort to lower the potential 2025 tax increase. Barrie Snow closes portion of Highway 11 OPP have closed a segment of Highway 11 in South Muskoka due to unsafe driving conditions caused by weather. Muskoka declares significant weather event The District Municipality of Muskoka has declared a significant weather event in response to the snow that continues to fall in the region. Road closed for 'suspicious' structure fire Emergency crews tended to a structure fire in Tottenham Saturday morning that has been deemed suspicious. Windsor Bright Lights Windsor opens it's 2024 display with a splash The cold couldn't keep hundreds from attending Friday night's opening of Bright Lights Windsor. The annual tradition returns this year with several new features. Firearms offender arrested in Windsor after violating conditions of release Just a month after being released from jail on firearm related charges, a Windsor man has been arrested once more. Windsor Spitfires outshoot Guelph on the road, but can't secure a win An uphill battle for the visitors, they outshot Guelph 43-27 but just couldn’t get it in the net, losing the game 6-2. Northern Ontario Saultites keep digging as the snow keeps falling Snowfall in Sault Ste. Marie seemed to be delayed this year, but the cruel joke by Mother Nature saw a single dump make up for weeks of fall-like weather. Canadian team told Trump's tariffs unavoidable in short term in surprise Mar-a-Lago meeting During a surprise dinner at Mar-a-Lago, representatives of the federal government were told U.S. tariffs from the incoming Donald Trump administration cannot be avoided in the immediate term, two government sources tell CTV News. Man fined $10K for abandoning homemade barge in Lake Nipissing A man from Lavigne, Ont., has been fined $10,000 for abandoning a homemade barge in Lake Nipissing. Sault Ste. Marie Saultites keep digging as the snow keeps falling Snowfall in Sault Ste. Marie seemed to be delayed this year, but the cruel joke by Mother Nature saw a single dump make up for weeks of fall-like weather. Two arrested following shooting on Manitoulin Island The Manitoulin detachment of the Ontario Provincial Police have two people in custody following a shooting incident in Wikwemikong Unceded Territory on Thursday. Another 60 cm of snow possible in the Sault as severe weather continues Closures and cancellations are piling up in Sault Ste. Marie as a major winter storm continues for another day Friday. Ottawa New plan in the making to free cargo ship stuck in St. Lawrence River near Morrisburg, Ont. A new plan to free the Tim S. Dool, a large cargo ship that ran aground on a shoal along the St. Lawrence River near Morrisburg, Ont. on Saturday is expected to be finalized early next week. It's time for a good movie this holiday season, here's what's new in theatres This holiday season has a special edition at the theatres with movies "that everyone has been waiting for," says a movie expert from Ottawa. Canadian Army vehicles on roads and highways in the Ottawa area starting this weekend Attention eastern Ontario drivers! You may see an increased number of Canadian Army vehicles on roads and highways in the Ottawa area starting this weekend, warns the Ontario Provincial Police (OPP). Toronto Toronto man accused of posing as surgeon, performing cosmetic procedures on several women A 29-year-old Toronto man has been charged after allegedly posing as a surgeon and providing cosmetic procedures on several women. Why this Toronto man ran so a giant stickman could dance Colleagues would ask Duncan McCabe if he was training for a marathon, but, really, the 32-year-old accountant was committing multiple hours of his week, for 10 months, to stylistically run on the same few streets in Toronto's west end with absolutely no race in mind. It was all for the sake of creating a seconds-long animation of a dancing stickman for Strava. 'A huge, huge hit:' Ontario would be disproportionately impacted by Trump’s proposed tariffs, expert says If U.S. President-elect Donald Trump follows through on a threat to impose a 25 per cent tariff on all Canadian imports, Ontario will likely see the brunt of the impact, a business professor at Carleton University says. Montreal Buying a home? Here's everything you need to know about Quebec's 'welcome' tax Anyone who has bought a home in Quebec knows the rollercoaster high of making that big, life-changing purchase – and the sudden crash that occurs when the welcome tax bill comes in the mail, alongside its 30-day payment deadline. Montreal researchers make breakthrough discovery in fighting HIV Researchers in Montreal have made a breakthrough discovery in HIV research by finding a way to expel the virus from its hiding places and destroy it. Cyclist injured in collision near Jacques-Cartier Bridge Montreal police (SPVM) say that a cyclist was struck by a vehicle on an access ramp to the Jacques-Cartier Bridge in Ville-Marie on Saturday morning. Atlantic Man charged after Halifax high school placed in hold and secure A man has been charged after a high school in Halifax was placed in hold and secure Friday morning. Teen arrested in connection with weapons call at Fredericton High School Fredericton Police Force arrested a 14-year-old boy Thursday in relation to a weapons call at Fredericton High School. Singer-Songwriter Aaron Goodvin says ‘thank you’ to Atlantic Canadians with east coast tour Singer-songwriter Aaron Goodvin catches up with CTV's Katie Kelly during a quick stop on his east coast tour. Winnipeg True North officially buys Portage Place Mall True North Real Estate Development (TNRED) has officially purchased Portage Place Mall. Parts of southwestern Manitoba under extreme cold warning, temperatures could feel like -40 Much of southwestern Manitoba is under an extreme cold warning as the wind chill could make temperatures feel close to minus 40. 'Very alarming:' Online scams spike during the holidays Shoppers are out looking for the best deals on gifts for their loved ones. However, the RCMP and the Better Business Bureau are warning people that the deals they’re seeing online might be too good to be true. Calgary Man who died trying to help stranded motorist identified as Khalid Farooq, father of 5 The man who lost his life trying to help a stranded motorist Wednesday has been identified as Khalid Farooq. Cautious optimism? Alberta energy sector prepping for a turbulent 2025 Energy sector leaders say they're happy with how 2024 went but fear the stretch of good fortune could end in 2025. Stampeders locker room sale offers helmets, game-worn jerseys The Calgary Stampeders are cleaning out their lockers Saturday and giving fans an opportunity to own some game-worn gear. Edmonton Canadian team told Trump's tariffs unavoidable in short term in surprise Mar-a-Lago meeting During a surprise dinner at Mar-a-Lago, representatives of the federal government were told U.S. tariffs from the incoming Donald Trump administration cannot be avoided in the immediate term, two government sources tell CTV News. Massage therapist charged in connection with sexual assault at Mill Woods clinic An Edmonton massage therapist has been charged with sexual assault in connection with an incident earlier this year. Ryan Nugent-Hopkins scores in OT to lift Oilers to 4-3 win over Utah Ryan Nugent-Hopkins scored 1:18 into overtime and the Edmonton Oilers beat the Utah Hockey Club 4-3 on Friday night. Regina Regina's LED volume wall leaving Sask. months after opening Less than a year after an LED volume wall was introduced to the film world in Saskatchewan, the equipment is making its exit from the province. Over 400 volunteers play a part in 2024 Canadian Western Agribition As the Canadian Western Agribition (CWA) comes to s close, organizers are celebrating the volunteers who have helped make the event a success over the years. Jury sequestered to find verdict in sexual assault trial against Regina chiropractor Justice Janet McMurtry sequestered a 12-person jury to determine a verdict against Regina-based chiropractor Ruben Manz. Saskatoon Saskatoon priest accused of sexual assault says he meant to encourage young girl with hug and kiss A Saskatoon priest accused of sexual assault says he meant to encourage and reassure a young girl when he hugged and kissed during his testimony at Saskatoon Provincial Court Friday. One dead, two injured in Sask. highway collision A 61-year-old man was killed and two others were taken to hospital following a collision between an SUV and a truck near Prince Albert on Friday night. Saskatoon temporary smudge location to be taken down While the City of Saskatoon says it granted a temporary permit for smudging and a ceremonial open fire, that expired at 6p.m. Tuesday night. Vancouver Bruce the tiny Vancouver parrot lands internet fame with abstract art Mononymous painter Bruce has carved a lucrative niche on social media with his abstract artworks, crafted entirely from the colourful juices of fruits. Canadian team told Trump's tariffs unavoidable in short term in surprise Mar-a-Lago meeting During a surprise dinner at Mar-a-Lago, representatives of the federal government were told U.S. tariffs from the incoming Donald Trump administration cannot be avoided in the immediate term, two government sources tell CTV News. Are scented candles bad for you? What the science says Concerns about the safety of candles are rooted in the chemical reactions that occur when you burn them, as well as in the artificial fragrances and colorants that contribute to the various scents you may love. Vancouver Island Yuletide festivities help kick off holiday season in Greater Victoria Greater Victoria has a host of yuletide festivities this weekend for residents ready to kick off the holiday season. Supreme Court clears way for B.C. to include other governments in opioid lawsuit B.C. Attorney General Niki Sharma says a Supreme Court of Canada victory has cleared a "pathway" for governments across the country to go after opioid makers and distributors for damages arising from the opioid crisis. Study of 2023 Okanagan wildfires recommends limiting development in high-risk areas A study into the devastating wildfires that struck British Columbia's Okanagan region in 2023 has recommended that government and industry limit development in high-fire-risk areas. Stay Connected
The Northwest-Midwest Institute in Washington, D.C., will hold a virtual briefing Dec. 13 to discuss the benefits of carp management in the Mississippi River Basin and the Great Lakes. The Northwest-Midwest Institute is a nonprofit that provides research, education and policy organization to policymakers in 18 states including Ohio. Alex Eastman, Great Lakes program manager for the agency, focuses on delivering policy education to the U.S. Senate and House Great Lakes Task Force. “The Senate and House Great Lakes Task Force is a group of senators and (Congressmen and Congresswomen) from the Great Lakes region who care about the Great Lakes and want to pass policies that help that region,” Eastman said. The Dec. 13 meeting will discuss the management of the three types of invasive carp in the Mississippi River Basin, he said. Currently, the only non native species of carp in the Great Lakes is the grass carp. However, without the Mississippi River management, the silver carp and bighead carp could make their way to the Great Lakes. Eastman said. “Every carp that we catch in the Mississippi River Basin, is a carp that can make its way to the Great Lakes,” he said. “The work that we do, even if it’s not being done in your state, still matters to the Great Lakes region.” The grass carp is a big-feeder species, meaning they eat away at the vegetation in the area. The fish particularly are present in the western basin of Lake Erie. Silver carp are the species that the Great Lakes region is more worried about, Eastman said. “Silver carp could cause a real problem for the fishing industry, recreational boating and other activities you want to do on the lakes,” he said. Silver carp easily are startled, especially by motorboat engines, Eastman said. The 20- to 80-pound species will jump up to 10 feet in the air when disturbed, he said. The fish pose a threat to boats and people, Eastman said. “It poses a really big problem to recreation and to people who want to go out on the water, because these are fish that are quite large,” he said. Types of carp management include contract fishing, intensive monitoring and deterrent technologies. One management strategy is to establish the fish as something people will eat, Eastman said. “Carp gets a bad reputation in the U.S. because they’re not native,” he said. “It’s just a matter of establishing consumer tastes and getting people to understand that these are fish that they might like to eat.” Deterrent technologies to prevent carp from entering the basin and the Great Lakes include a bioacoustic fish fence and carbon dioxide injections. These technologies are being tested at the Brandon Road Interbasin Project, the barrier between the Great Lakes and the Mississippi River, Eastman said. “It’s a $1 billion project that is going to prevent carp from getting through the Brandon Road block, which is the major intersection point between the Mississippi River and the Great Lakes,” he said. Little Killbuck Creek in Medina is an Ohio connection between the Mississippi Basin and Lake Erie. Eastman said there is management work being done there to prevent the crossing of carp. “We’ll talk about these projects that are happening in everybody’s backyard, and it’s a good opportunity for everybody to learn about what’s happening with carp management,” he said. “Beyond that, I think it’s a good opportunity for people to learn where their input could be helpful.” The virtual briefing will take place from 2-3 p.m. and is open to the public. To register, visit https://register.gotowebinar.com/register/4554456881363429213?source=Constant+Contact.
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the marketNoDerog/iStock Unreleased via Getty Images This article has been coproduced with Kody Kester. I've said it in the past, and I'll say it again: The Safest Dividend is the One That's Just Been Raised. Essential Utilities ( NYSE: WTRG ) is Introducing iREIT® Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets. We recently added an all-new Ratings Tracker called iREIT Buy Zone to help members screen for value. Nothing to lose with our FREE 2-week trial . And this offer includes a 2-Week FREE TRIAL plus my FREE book . Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies. Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President. Learn more Analyst’s Disclosure: I/we have a beneficial long position in the shares of WTRG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Penn State’s Tyler Warren adds two more incredible records to his 2024 haul vs. MarylandMinnesota House seat going to special election after DFL candidate declines to appeal residency decision