Stock market today: Wall Street closes its best week of the year with even more gains

Published Mon, 16 Dec 2024 22:49:06 GMT

Stock market today: Wall Street closes its best week of the year with even more gains NEW YORK (AP) — Wall Street steamrolled even higher Friday as it closed out its best week in nearly a year. The S&P 500 climbed 40.56 points, or 0.9%, to 4,358.34 and rose every day of the week. The Dow Jones Industrial Average gained 222.24, or 0.7%, to 34,061.32, and the Nasdaq composite jumped 184.09, or 1.4%, to 13,478.28.Stocks surged through the week on rising hopes the Federal Reserve is finally done with its market-crunching hikes to interest rates, meant to get inflation under control. A report on Friday underscored that pressure is easing on inflation after it showed employers hired fewer workers last month than economists expected.It’s a stunning turnaround from just a week ago, when Wall Street was reeling after the S&P 500 had fallen 10% below its high point for the year. That sent Wall Street’s main index into what investors call a “correction.”Since then strong profit reports helped drive some stocks to towering gains. Generac, a maker of backup ge...

Matt Carpenter exercises $5.5 million option with Padres, and Seth Lugo declines $7.5 million option

Published Mon, 16 Dec 2024 22:49:06 GMT

Matt Carpenter exercises $5.5 million option with Padres, and Seth Lugo declines $7.5 million option SAN DIEGO (AP) — First baseman Matt Carpenter exercised a $5.5 million option for 2024 in his contract with the San Diego Padres on Friday, and reliever Seth Lugo declined a $7.5 million player option.Carpenter signed a two-year deal last offseason that guaranteed $12 million. The first baseman/designated hitter batted .176 with five homers and 31 RBIs, down from a .315 average with 15 homers and 37 RBIs in 47 games when he revived his career with the New York Yankees in 2022.A three-time All-Star with St. Louis from 2011-21, the 37-year-old Carpenter has a .260 career average with 175 homers and 644 RBIs.Lugo, a 33-year-old right-hander, had a $7.5 million salary with San Diego this year and earned $1.25 million in performance bonuses based on starts. He was 8-7 with a 3.57 ERA in 26 starts.Lugo was with the New York Mets from 2016-22 and has a 40-31 career record with a 3.50 ERA.___AP MLB: https://apnews.com/hub/mlbSource

Titans’ Treylon Burks in concussion protocol after being knocked unconscious, carted off field

Published Mon, 16 Dec 2024 22:49:06 GMT

Titans’ Treylon Burks in concussion protocol after being knocked unconscious, carted off field NASHVILLE, Tenn. (AP) — Tennessee coach Mike Vrabel said Friday that Titans wide receiver Treylon Burks briefly lost consciousness and is in the concussion protocol after being carted off the field in the final minutes of a loss to Pittsburgh.Vrabel said he had texted with Burks and hopes the second-year receiver will be back as soon as possible.“From what it looked like, I would say it’s going to be as good of a prognosis as what it could have been,” Vrabel said. “Just looking at the visual of all that. We understand what the risks are involved, and Treylon (Burks) sold out to make a play and unfortunately didn’t.”Burks being knocked unconscious is why medical personnel reacted by strapping the receiver to a backboard and cut his face mask off. Players from both teams knelt or stood on the Acrisure Stadium turf nearby watching.“It sounds like everybody did exactly what they’re supposed to do based on the protocol and making sure that Treylon’s well-being was looked after as quickly...

Longtime NFL coach Pat Shurmur promoted to co-offensive coordinator for Colorado, AP source says

Published Mon, 16 Dec 2024 22:49:06 GMT

Longtime NFL coach Pat Shurmur promoted to co-offensive coordinator for Colorado, AP source says DENVER (AP) — Deion Sanders is promoting longtime NFL coach Pat Shurmur to the role of co-offensive coordinator of the Colorado Buffaloes, a person with knowledge of the situation told The Associated Press.The person spoke on condition of anonymity Friday because there has been no official announcement. Shurmur, who was on Sanders’ staff this season as a quality control analyst, will share the role with current coordinator Sean Lewis. Both will be involved in play-calling duties Saturday night when the Buffaloes (4-4, 1-4 Pac-12) host No. 16 Oregon State (6-2, 3-2, No. 16 CFP) at Folsom Field.The Buffaloes will need to juggle the coaching staff so Shurmur can don a headset, but no decisions have yet been made. He will also help with the offensive line.Colorado is tied for sixth in the league in scoring offense, averaging 32.13 points per game. The team has struggled with its running game, ranking last in the Pac-12. The Buffaloes have also struggled with protecting quarterback...

Dozens arrested during Israel-Gaza protests at congressional offices

Published Mon, 16 Dec 2024 22:49:06 GMT

Dozens arrested during Israel-Gaza protests at congressional offices Anti-war activists are arrested by U.S. Capitol Police for causing a disturbance in the Hart Senate Office Bldg., just as the Republican-controlled House approved a partisan $14.5 billion military aid package for Israel, but without humanitarian assistance for Gaza, at the Capitol in Washington, Friday, Nov. 3, 2023. Democrats say that approach would only delay help for Israel. Senate Majority Leader Chuck Schumer, D-N.Y., has warned that the "stunningly unserious" bill has no chances in the Senate. (AP Photo/J. Scott Applewhite)(AP/J. Scott Applewhite) Anti-war activists are arrested by U.S. Capitol Police for causing a disturbance in the Hart Senate Office Bldg., just as the Republican-controlled House approved a partisan $14.5 billion military aid package for I...

Unable to win on road, time for Titans to make rookie QB Will Levis the starter

Published Mon, 16 Dec 2024 22:49:06 GMT

Unable to win on road, time for Titans to make rookie QB Will Levis the starter NASHVILLE, Tenn. (AP) — The Tennessee Titans reach the halfway point of the NFL season unable to win away from home or close out close games. One thing is clear: Rookie Will Levis has shown enough in his first two NFL starts to be their quarterback because he gives the Titans their best chance to win now and in the future.The 33rd pick overall out of Kentucky has twice as many touchdown passes (four) as veteran Ryan Tannehill who started the first six games. Levis’ first turnover came Thursday night throwing into the end zone of a 20-16 loss at Pittsburgh, while Tannehill has six interceptions with two TD passes. Coach Mike Vrabel said Friday he isn’t ready to name Levis the starting quarterback yet, wanting to see Tannehill healthy first. Vrabel also wants to check the health of his team after four of his five starting offensive linemen went down with injuries, along with a banged-up secondary. The Titans (3-5) sit at the bottom of the AFC South with the weekend off and...

Student injured after stabbing at George Washington High School

Published Mon, 16 Dec 2024 22:49:06 GMT

Student injured after stabbing at George Washington High School DENVER (KDVR) — A student was injured Friday afternoon at George Washington High School where police are investigating a stabbing.The Denver Police Department posted at 3:39 p.m. that officers were investigating a stabbing in the 600 block of South Monaco Street Parkway. SkyFOX flew over the scene and saw officers responding to the school, with crime scene tape outside the school in the parking lot. FOX31 Newsletters: Sign up to get breaking news sent to your inbox A Denver Public Schools spokesperson said a student was hurt and transported to a hospital. Police said the stabbing victim suffered non-life-threatening injuries to the left arm and hand. A suspect was taken into custody.FOX31 has a crew headed to the scene. Check back for updates.

Homelessness in Denver up 58% since 2016

Published Mon, 16 Dec 2024 22:49:06 GMT

Homelessness in Denver up 58% since 2016 DENVER (KDVR) -- Homelessness has increased by 58% in the Denver metro area over the last 7 years, according to an analysis by the Common Sense Institute.It's a top concern for Denverites and was officially declared an emergency shortly after the new mayor Mike Johnson took office. Denver mayor urged to revisit homeless plan Since then, the city has been creating micro-communities and converting hotels to create housing options as part of the mayor's plan to house 1,000 people by the end of the year.According to the Common Sense Institute of Colorado's report, there are thousands of people in need of shelter in the area.There are 9,065 people experiencing homelessness in the Metro area, and 2,763 of them are without shelter.That is a 58% increase, according to the report which says there were 5,728 experiencing homelessness in 2016.Homeless counts are growing more rapidly in the Denver metro in the most recent year.In 2022, there were 6,684 people experiencing homelessness in the ...

‘There’s no judgment here’: Community Court, which helped homeless woman get an apartment, expanding in Broward 

Published Mon, 16 Dec 2024 22:49:06 GMT

‘There’s no judgment here’: Community Court, which helped homeless woman get an apartment, expanding in Broward  A unique program is helping struggling South Floridians, including some who get into minor trouble with the law. But instead of locking them up, this is all about lifting them up. Here’s Karen Hensel with today’s 7 Spotlight.Diana Thar has congestive heart failure and chronic obstructive pulmonary disease, or COPD. She needed oxygen and the help of a scooter.Today she met us inside her Fort Lauderdale apartment building. But not long ago, she was sleeping outside. Diana Thar, helped by Community Court: “Well, we lived literally on the street, on the concrete, for many, many months.”Diana and her sister Carol were evicted last year and ended up homeless.Diana Thar: “The most scariest moment a woman could ever have in her life.”Last October, Broward Sheriff’s Office Deputy Michael Carabine found Diana sleeping on private property.Diana Thar: “I could have been arrested by being on the property and charged with trespassing.”But inst...

Father detained, accused in fatal shooting of adult son in SW Miami-Dade

Published Mon, 16 Dec 2024 22:49:06 GMT

Father detained, accused in fatal shooting of adult son in SW Miami-Dade Police took a man into custody in a Southwest Miami-Dade neighborhood after, they said, he is accused in the fatal shooting of his adult son, triggering an ongoing investigation.Miami-Dade Police and Fire Rescue units responded to the scene at 8400 SW 107th St., Friday afternoon.7Skyforce hovered over the scene where one person was seen in the back of a police cruiser.It remains unclear whether the person who was detained was the man who pulled the trigger.Investigators said the victim was in his 20s.The area remains taped off as police continue to investigate the shooting. Please check back on WSVN.com and 7News for more details on this developing story.