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Stock market today: Asian markets track Wall Street’s decline, eroding last year’s gains

Published Sat, 28 Dec 2024 20:05:35 GMT

Asian shares dropped Wednesday after Wall Street started 2024 with a slump, giving back some of its powerful gains from last year.U.S. futures were lower and oil prices were little changed.Hong Kong’s Hang Seng lost 1.1% to 16,603.00, influenced by a 2% drop in technology shares, and the Shanghai Composite index shed 0.1% to 2,960.12, with persisting concerns regarding the strength of China’s economic growth adding downward pressure.Australia’s S&P/ASX 200 was down 1% at 7,550.40. South Korea’s benchmark slumped 2% to 2,618.57 after hovering around a 19-month high Tuesday amid the short-selling ban. Bangkok’s SET lost 0.4% and India’s Sensex was down 0.5%.Japanese markets remained closed for the New Year holiday.On Tuesday Wall Street, the S&P 500 slipped 0.6% to 4,742.83 after coming into the year at the brink of an all-time high. The Dow Jones Industrial Average edged up 0.1% to 37,715.04, and the Nasdaq composite led the market lower with a drop 1.6% to 14,765.94.Some of ...

Broome leads No. 25 Auburn to 88-68 win over Penn with 22 points, 12 boards

Published Sat, 28 Dec 2024 20:05:35 GMT

AUBURN, Ala. (AP) — Johni Broome had 22 points and 12 rebounds and nearly matched his season total for 3-pointers in leading No. 25 Auburn to an 88-68 victory over Penn on Tuesday night.The Tigers (11-2) built a 51-32 halftime lead and won their sixth straight game, one day after entering the Top 25 for the first time this season.Chad Baker-Mazara had a season-high 16 points and K.D. Johnson scored 13, both off the bench. Denver Jones finished with 12 points. The 6-foot-10 Broome, who was 4 of 22 from 3-point range coming into the game, went 3 for 4 and made a pair in the first three minutes. He shot 9 of 10 overall.Sam Brown went 4 of 6 on 3-pointers and led Penn (8-7) with 20 points. Tyler Perkins had 13 points and eight rebounds.Penn leading scorer Clark Slajchert is out with an ankle injury sustained early in the game against Houston.The Quakers cut a 19-point halftime deficit to 57-48 on a 3-pointer by Niklas Polonowski six minutes into the second half. The comeback was short-l...

Predators blank Blackhawks 3-0 behind Nyquist, O’Reilly, Saros

Published Sat, 28 Dec 2024 20:05:35 GMT

NASHVILLE, Tenn. (AP) — Gustav Nyquist and Ryan O’Reilly each had a goal and an assist, Juuse Saros made 21 saves and the Nashville Predators beat the Chicago Blackhawks 3-0 on Tuesday night.Luke Evangelista also scored for Nashville, which has won two straight and improved to 3-0 against Chicago this season. The Predators led 1-0 for most of the game before O’Reilly’s goal in the waning minutes of the third period.“This game had a little bit of everything in it, lots of good, lots of bad, some ugly and some great,” Predators coach Andrew Brunette said. “It was kind of a strange game, but it was good to solidify that with a big power-play goal at the end.”Arvid Soderblom made 33 saves for the Blackhawks, who have dropped five of six.“We don’t like the results, we can’t accept them in this league, but the coaching staff was proud of how we asked them to battle (Monday) in practice and bring it tonight’s game,” Chicago coach Luke Richardson said. “Unfortunately, we didn’t ...

Marcus Domask scores 32 points, No. 9 Illinois dominates Northwestern 96-66

Published Sat, 28 Dec 2024 20:05:35 GMT

CHAMPAIGN, Ill. (AP) — Marcus Domask scored 32 points and had a team-high six assists to lead No. 9 Illinois to a 96-66 win Tuesday night over Northwestern in the Illini’s second game without suspended star Terrance Shannon Jr.Justin Harmon had 20 points, Quincy Guerrier scored 14 and Coleman Hawkins had 13 for the Illini (11-2, 2-0), who never trailed, led by as many as 33 points, and shot 63% from the field. Guerrier also had 10 rebounds for his fourth double-double of the season.Domask was 11 of 15 from the field and 9 of 10 from the line.Boo Buie led the Wildcats (10-3, 1-1) with 20 points. Ty Berry, in his 100th career game for Northwestern, had 14 points.Illinois has won nine straight games against Northwestern at the State Farm Center and 10 of 11 overall.The Illini led 46-29 halftime. They made seven of their first nine shots, went on an 11-0 run late in the first half, and held the Wildcats to 31% shooting from the field in the half.Northwestern finished 41% from the field....

Alex Ovechkin helps the Washington Capitals beat Sidney Crosby and the Pittsburgh Penguins 4-3

Published Sat, 28 Dec 2024 20:05:35 GMT

PITTSBURGH (AP) — Alex Ovechkin scored a power-play goal during Washington’s fast start, and the Capitals beat Sidney Crosby and the Pittsburgh Penguins 4-3 on Tuesday night.Ovechkin and Crosby faced off for the 67th time in the regular season. Crosby finished with a goal and an assist, but Washington held on after racing out to a 4-0 lead.It was the 10th time that Ovechkin and Crosby scored in the same game, and first since a Capitals win on Nov. 7, 2018.Martin Fehervary, Tom Wilson and Beck Malenstyn also scored for Washington, which had dropped four in a row. Darcy Kuemper made 33 saves.Crosby scored his 21st of the season, a power-play goal in the second period. He has 1,540 points, passing Joe Thornton for 12th on the NHL’s career points list.Jake Guentzel scored his 17th goal for Pittsburgh, and Rickard Rakell picked up his third. The Penguins had won three in a row.HURRICANES 6, RANGERS 1NEW YORK (AP) — Andrei Svechnikov scored twice, Pyotr Kochetkov made 28 saves and Carolin...

1 shot in armed home invasion in Federal Heights, police say

Published Sat, 28 Dec 2024 20:05:35 GMT

DENVER (KDVR) — Police were investigating an armed home invasion Tuesday night in Federal Heights.It happened at an apartment on 91st Street, according to Federal Heights Police Chief Robert Grado. FOX31 Newsletters: Sign up to get breaking news sent to your inbox The chief said three armed people, who were unknown to the victims, entered the apartment through an unlocked door and robbed the three people inside."During the robbery one of the victims received a non-life-threatening gunshot wound and is being treated at a local hospital," Grado said.Police were investigating an armed home invasion at a 91st Street apartment in Federal Heights. (KDVR)FOX31 was at the scene around 9:30 p.m. and witnessed police inside the apartment building with guns and heard yelling.The investigation was ongoing.

Editorial: Can Harvard regain luster after Claudine Gay scandals?

Published Sat, 28 Dec 2024 20:05:35 GMT

Harvard still doesn’t get it.Although embattled President Claudine Gay finally resigned Tuesday after antisemitism and plagiarism scandals, she will return to the embrace of the Harvard faculty.Apparently, failing to condemn calls for genocide against Jews is OK, as long as you’re not in charge. Ditto for accusations of plagiarism, which as of Tuesday are reportedly over two dozen, thanks to six fresh allegations against Gay.Through it all, the Harvard Corporation circled the wagons and insisted that Gay would stay as president.What was the final straw, we wonder?As deep-pocketed donors fled, taking their millions with them, Harvard faculty doubled down – hundreds wrote a letter in support of Gay. Early admission applications took a nosedive, but the university didn’t budge.When allegations of plagiarism surfaced, Harvard brushed them aside. Gay was allowed to “update” her work to add missing citations.“On December 9,” the Harvard Corporation said...

Ski Wednesday: Still fun to be had despite snow shortage

Published Sat, 28 Dec 2024 20:05:35 GMT

It was Christmas week 2015 and Mother Nature had been particularly cruel. Most ski areas had scant coverage and the weather forecast didn’t fare well for snowmaking.The ski industry reacted with hope, chutzpah and humor – the now infamous “Ski the Patch” video from the folks at Mad River Glen stands as laugh-out-loud reminder of how we fought through those too-balmy days.Here we are again. After what was shaping up to be a near record-breaking early season, the rain didn’t just fall, it fire-hosed – destroying much of that lovely white snow leaving us all, well, a little concerned.But there’s good in all this – there is! And as an industry of, as one resort exec once said to me “optimists and beer enthusiasts – oft at the same time,” we’re out there looking for trails to ski, finding reasons to still get out there and of course, constantly clicking on the 14-day forecast looking for cold snaps.The first good comes from the resorts themselves. While snow and cold may be lacking, hone...

Patterson: Economic ‘soft landing’ may not save Biden

Published Sat, 28 Dec 2024 20:05:35 GMT

Joe Biden is fond of telling Americans the “U.S. economy is strong as hell.” Federal Reserve Chair Jerome Powell’s recent announcement that he expects to make three interest rate cuts in 2024 seems to support Biden’s opinion on the economy.After Powell made his rosy forecast for 2024, some reporters claimed our troubled economy would make a “soft landing” and avoid an economic recession. Corporate executives are not convinced. Jamie Dimon, CEO of JP Morgan Chase, is skeptical.In late November, Dimon said, “A lot of things out there (in the economy) are dangerous and inflationary. Be prepared.”The Labor Department’s November jobs numbers might not support Powell’s forecast. Though the report showed the economy added 199,000 jobs and the unemployment rate fell to 3.7%, the report might have reflected economic relief that unions for autoworkers and actors reached agreements to return to work. Hiring in associated industries may have also influenced the November jobs report. The Decembe...

Andrew Scott finds the familiar in ‘All of Us Strangers’

Published Sat, 28 Dec 2024 20:05:35 GMT

Andrew Scott will always be “the hot priest from ‘Fleabag,’ ” the 2018 British comedy series that put this accomplished Irish actor on the map.Now Scott, out since a 2013 newspaper interview, scores another international breakthrough with a buzzy performance in the acclaimed queer sci-fi drama “All of Us Strangers.”Set in a nearly empty apartment building, “Strangers” is a dark night of the soul as Scott’s character Adam visits his 12-year-old self meeting his long-dead parents, and has sex with the only neighbor (Paul Mescal).“Strangers” is written and directed by Scotland’s Andrew Haigh whose “Weekend” examined a gay couple’s first 48 hours together.For “Strangers” Haigh adapted a Japanese novel he’d read years earlier. “I could not get something out of my head: meeting your parents again after they were out of your life,” he said in a virtual press conference with Scott. “Where the novel is a traditional Japan ghost story, I needed to set it in England.”“I didn’t — an...