Beneficiaries of the incoming administration’s looser regulation and business-friendly stance put forth strong showings this week. Stocks gained while Bitcoin crushed doubters and the dollar extended gains into an eighth week, the currency’s longest run of the year. Blue chips and small caps led Friday’s equities advance as this year’s big tech winners struggled to gain ground. The S&P 500 rose 0.3% while an equal-weighted version of the gauge — where Walgreens Boots Alliance Inc. has the same influence as Nvidia Corp. — climbed 0.8%, on track for an all-time closing high. Listen and follow The Big Take daily podcast on Apple Podcasts, Spotify or wherever you listen. The Dow Jones Industrial Average rose 1% while an index of bank stocks climbed to the highest in more than two years, the Russell 2000 jumped 1.8%. The small-cap index jumped 4.5% for the week while the biggest technology stocks, like Nvidia, Alphabet Inc. and Facebook-parent company Meta Platforms Inc., lagged. Fundstrat’s Thomas Lee sees room for more gains in small-caps and cyclicals given President-elect’s plans for deregulation and general “animal spirits.” He also sees a “Trump put” keeping the broader market buoyant. That faith that the head of the US government won’t let the economy falter is helping bolster stocks, at least for the moment. “When sentiment reaches a ‘bullish extreme’ is when we see equities priced to ‘perfection,’” according to Lee. “By several measures, we are not there at that point yet.” To Bank of America Corp. strategists the Nasdaq 100, which has rallied more than 4% this month, is approaching a level versus the S&P 500 that could trigger the unwinding of the trade favoring US equities. The tech-heavy gauge ended Friday up 0.2% with a 1.9% weekly gain. Meanwhile, data on Friday showed S&P Global flash November composite output index for service providers and manufacturers advanced to 55.3 — the highest level since April 2022. The yield on the 10-year Treasury dropped around one basis point to 4.42%. “The US flash PMIs for November were bullish in aggregate thanks to strength in services,” according to Vital Knowledge’s Adam Crisafulli, who said the details suggested a goldilocks scenario, “with favorable growth developments and cooling price pressures.” The dollar registered its longest streak of weekly wins since September 2023. A Bloomberg gauge of the currency’s strength has risen around 2.6% so far this month, adding to October’s gains of nearly 3%. “The US dollar’s run can continue,” said Peter McLean, head of multi-asset portfolio solutions at Stonehage Fleming. “We also have those geopolitical tensions, which are escalating at the moment. It’s natural for investors to seek refuge in the dollar.” Bouts of volatility, driven by escalations in the war in Ukraine earlier in the week, eased Friday. The ongoing conflict helped to push WTI crude above $71 a barrel while gold traded at over $2,700 an ounce, and had its best week since March 2023. The rally in Bitcoin set a fresh high Friday as the world’s biggest cryptocurrency races toward $100,000. The latest developments included Securities and Exchange Commission Chair Gary Gensler’s decision to step down in January. His tenure was marked by a flurry of crypto enforcement actions, which the industry expects will peter out under Trump. In Europe, S&P Global’s composite Purchasing Managers’ Index for the euro area dipped back beneath a level that indicates contraction in November. The region’s sovereign bonds rallied while the euro dropped to a two-year low. Asian equities are on pace for their first back-to-back monthly losses this year amid dollar strength and lingering concerns over the Chinese economy. Still, the region’s more favorable valuations versus the US market are aiding recovery in some assets. Elsewhere in Asia, Adani Group companies advanced after a $27 billion rout on Thursday following a US indictment against Gautam Adani over allegations of bribery. The company denied the allegations. Corporate Highlights: Some of the main moves in markets: Stocks Currencies Cryptocurrencies Bonds Commodities This story was produced with the assistance of Bloomberg Automation. With assistance from Margaryta Kirakosian, Andre Janse van Vuuren and Sujata Rao. This article was generated from an automated news agency feed without modifications to text.
Cooperation with China boosts Zimbabwe’s agriculture sectorThe England national cricket team dominated day 1 of the second Test against New Zealand at the Basin Reserve in Wellington. England's Harry Brook slammed a wonderful century, which guided visitors to 280 in the first innings. In reply, New Zealand is reeling at 86/5 in 26 overs at stumps on day 1. The day 2 NZ vs ENG 2nd Test 2024 will start at 3:30 AM IST (Indian Standard Time). Sony Sports Network is the official broadcaster for the New Zealand vs England Test series. The NZ vs ENG 2nd Test 2024 will be telecast live on the Sony Ten 2 and Sony Ten 2 HD TV channels. Fans can tune into the SonyLIV mobile app and website to watch the New Zealand vs England 2nd Test match online, but users will have to pay a subscription fee. Amazon Prime Video will also provide NZ vs ENG live streaming online, but a subscription is needed. Harry Brook Becomes Second Fastest to Score 2000 Test Runs for England in Terms of Innings, Hits Seventh Test Century During NZ vs ENG 1st Test 2024 (Watch Video) . The Blackcaps face a daunting battle vs 🏴 to keep the series alive! 🏏🔥 #NZvENG 2nd Test ➡ starts tomorrow, 3:30 AM onwards, only on the #SonySportsNetwork 📺 pic.twitter.com/ZoeblXNXdT — Sony Sports Network (@SonySportsNetwk) December 5, 2024 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)Republicans Rally Around Controversial Pentagon Nominee Amid Scandal"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 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Passengers at some Canadian airports can now pass through security without removing liquids or electronics from their carry-on baggage, due to the adoption of new screening technology. “As the holiday season approaches, the introduction of CATSA’s new CT X-ray technology to one of our screening lanes at YYC couldn’t be more timely,” Calgary Airport Authority CEO and president Chris Dinsdale said in the press release. The devices will be installed at more airports as part of a multi-year CATSA national deployment program. The first year of deployment is estimated to cost approximately $23 million, CATSA spokesperson Dominique Huras told The Epoch Times. The timing of the deployment program will depend on finances and the readiness of airports to cooperate in the implementation of the devices, Huras said. The new devices do not pose a risk to health, the corporation added, noting the technology meets Health Canada’s safety standards, including the Radiation Emitting Devices Act, as well as Canadian electrical equipment safety regulations. The new screening technology only applies to permitted liquids up to 100 millilitres, CATSA said. Liquids exceeding this amount will still have to be removed from carry-on bags at security checkpoints. CATSA was established in 2002 as a Crown corporation responsible for ensuring public safety through proper screening of air passengers and their baggage. It is funded by parliamentary appropriations and accountable to Parliament through Canada’s minister of transport. The corporation had $859.59 million to fund its operations during the 2021-2022 fiscal year. The next airport to see the new screening line will be the Toronto Pearson International Airport, sometime before the holidays, said Huras.
They were two New York City star high school basketball players in the early 1980s who could have gone to plenty of different nationally-ranked college programs. But Chris Mullin and Mark Jackson had one goal in common: They wanted to play for St. John’s and head coach Lou Carnesecca. Asked about the first time he met Carnesecca, Jackson recalled a game he was playing for Bishop Loughlin in Brooklyn. “I remember Coach sitting there and his presence in the gym,” Jackson said. “It was almost like a spotlight just on him. Any room or gym he walked into, any sideline he captained, there was a bright light. He had something special about him and from that moment on, I wanted to be a member of the St. John’s basketball team.” Mullin’s history with Carnesecca went back even further, having attended one of Carnesecca’s camps when he was around 10 years old and noted the different sides to his personality. “I met Coach at his camp and he was more reserved, doing lectures, teaching basketball and telling stories,” said Mullin, who began his high school career at Power Memorial in Manhattan and graduated from Xaverian in Brooklyn. “When he recruited me, again, he was very reserved. My first day of practice, I couldn’t stop laughing. This guy’s running around [and] jumping. [I said] ‘Who is this guy? I didn’t meet this guy.’ He had a unique ability in practice or a game, he got into that mode. Once it was over, he was just a regular guy.” It was the connection they had with Carnesecca that brought them to St. John’s to play and again Friday, to honor their former coach at St. Thomas More Church after Carnesecca passed away Saturday at 99. Walter Berry, recruited out of what was then Benjamin Franklin HS in Manhattan and Bill Wennington- who finished his high school career at nearby Long Island Lutheran- were all on hand from the 1985 Final Four team. The bond lasted the rest of Carnesecca’s life, including during Mullin’s struggles with alcohol early in his NBA career. “I had my share of challenges and he was always there for me,’’ Mullin said. “When he talked, he was honest and direct, but also with care and love. It’s a unique way to live your life for almost 100 years. He never changed.” And it was that consistency that led Carnesecca to such great heights at St. John’s according to Mullin. “Even when he had to be disciplined and serious, he always let you know it was gonna be OK,’’ Mullin said. “As coaches, you always talk about speeches and Xs and Os, but Coach went beyond that because he lived it. “All you had to do was watch him every day,’’ Mullin said. “He was very fundamental in his coaching and his teachings and very fundamental with the way he lived, but when you do that every day, consistently that’s extraordinary.” Mullin said Carnesecca always preached the importance of practice. “When you stick to the fundamentals, you win,’’ Mullin said. “And that’s why he was the ultimate winner.”Hail Flutie: BC celebrates 40th anniversary of Miracle in Miami
N.H. swing dancing recovers from the pandemic; can it survive tech isolation?
Avoid scammers and know who you are donating to this giving season. Mary Hagen, a professional fundraiser and CEO of Colossal, is sharing her top three tips for supporting charitable organizations this holiday. You're pulling your hair out, trying to fix something on your computer. You Google it and find what looks like a helpful website or a tutorial with easy step-by-step instructions. Phew, you’re finally solving your problem, but hold up! You’ve just walked into a "scam-yourself" attack . Cybercreeps use this clever strategy to trick you into compromising your tech so they don’t have to do the dirty work. BIOMETRIC DATA: IS IT SAFE TO HAND IT OVER TO ANY COMPANY THAT ASKS? I’m giving away a $500 Amazon gift card. Enter here , no purchase necessary! How bad is it? Bad. Really bad. "Scam-yourself" attacks shot up 614% in the third quarter of this year alone. Lumma Stealer, the top data-stealing malware type that grabs banking info and browser extensions, spiked by 1,154% . A 12-year-old boy types as he uses a laptop computer. (Matt Cardy/Getty Images) Why do these scams work so well? When something’s broken, our instinct is to rush and fix it as quickly as possible. Now, add to this the fact you’re going through the steps yourself so it feels like you’re in control. That’s exactly what makes these tricks so dangerous. Scammers are also shockingly good at mimicking trusted sources with professional-looking websites or tutorials, making it easy to believe you’re on safe ground. Add frustration and impatience to the mix, and it’s no wonder so many folks take the bait. TALK TECHY TO ME: GET YOUR WORK DONE FASTER WITH THIS PRO TIP RELATED: How to spot a fake retail website before you buy How they snag you Fake CAPTCHA: You verify ("I’m not a robot"), then you’re asked to download a README file for instructions. Those instructions install malware. YouTube tutorials: You click a download link in the description of a YouTube video that promises to fix your tech issue. You guessed it! It’s malware in disguise. ClickFix scams: You copy and paste commands into your computer while following a step-by-step guide. Oops ... You’ve commanded it to obey its new hacker overlords. Phony updates: Quick! A pop-up says you need to install a security update right now! It’s malware pretending to be your app, operating system or browser. RELATED: Another scammer is now rich Computer code on a screen with a skull representing a computer virus / malware attack. (iStock) How to protect yourself These scammers are savvy, but you can outsmart them. Think twice before downloading: If a tutorial tells you to turn off antivirus software or download a random link, bail. Rely on big names like Google, Apple and Microsoft that publish steps for help online ... or, you know, me! Check URLs and sources: Cybercriminals mimic legitimate sites. Always double-check the web address, especially when you’re looking at updates or troubleshooting guides. If the URL feels off , trust your gut and close it. 3 SECURITY AND DATA CHECKS YOU SHOULD DO ONCE A YEAR Be careful what you copy and paste: Never copy commands from unknown sources into your computer’s terminal or command prompt. That’s a classic malware delivery tactic. Update the right way: Don’t click random pop-ups to update your software. Always go through your device settings or the app store . RELATED: Hackers have a sneaky trick to get you to click their fake links - See it in action Let’s say the worst happens. A person is pictured using Google on their laptop. (Serene Lee/SOPA Images/LightRocket via Getty Images) Despite being careful, you fell for it. Don’t panic, just act fast to limit the damage: Run a virus scan: Use antivirus software you trust to detect and remove any malware installed on your device. The free stuff isn’t good enough anymore. Change your passwords: Update passwords for any accounts you suspect are compromised. Email and financial accounts should be your first priority. And no password reusing! Every one should be unique. Yes, I know it’s a pain. Monitor your bank accounts: Keep an eye on your accounts for unauthorized charges or transactions. Notify your bank immediately if you see anything suspicious. I have the alerts in my banking app turned on so I get a buzz every time something out of the ordinary happens. Check for unusual activity: Look for strange logins or changes in your online accounts, too. Many sites and services have a section in the settings where you can see what devices are logged into your accounts and where they’re coming from. Reinstall your system if necessary: You may need to reset your device or reinstall your operating system. Steps here to complete a factory reset. Please, please back up your data first. 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November 29 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,527.36, even on the day. There were 0 advances, 0 declines, and 53 remained unchanged. The full report for the day is available , and the full report for the week is available . : ,
