pictionary online game Losses for big technology stocks pulled major indexes lower on Wall Street. The S&P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered in afternoon trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market. The S&P 500 fell 0.4% in afternoon trading, even though more stocks were rising than falling in the index. The Dow Jones Industrial Average fell 135 points, or 0.3%, as of 3:05 p.m. Eastern time. Both indexes set records on Tuesday. The Nasdaq composite fell 0.5%. Losses for tech heavyweights helped pull the broader market lower. Semiconductor giant Nvidia slipped 1.6%. Its huge value gives it outsized influence on market indexes. Microsoft fell 0.9% Several personal computer makers added to Big Tech's heavy weight on the market following their latest earnings reports. HP sank 11.8% after giving investors a weaker-than-expected earnings forecast for its current quarter. Dell slumped 11.9% after its latest quarterly revenue fell short of Wall Street forecasts. Gains for financial and health care companies helped counter Big Tech's downward pull. Visa rose 0.9% and Thermo Fisher Scientific added 2.3%. The U.S. economy expanded at a healthy 2.8% annual pace from July through September, according to the Commerce Department, leaving its original estimate of third-quarter growth unchanged. The growth was driven by strong consumer spending and a surge in exports. The update follows a report on Tuesday from the Conference Board that said confidence among U.S. consumers improved in November, but not by as much as economists expected. Consumers have been driving economic growth, but the latest round of earnings reports from retailers shows a mixed and more cautious picture. Department store operator Nordstrom fell 8.5% after warning investors about a trend toward weakening sales that started in late October. Clothing retailer Urban Outfitters jumped 19.1% after beating analysts’ third-quarter financial forecasts. Weeks earlier, retail giant Target gave investors a discouraging forecast for the holiday season, while Walmart provided a more encouraging forecast. Consumers, though resilient, are still facing pressure from inflation. The latest update from the U.S. government shows that inflation accelerated last month. The personal consumption expenditures index, or PCE, rose to 2.3% in October from 2.1% in September. Overall, the rate of inflation has been falling broadly since it peaked more than two years ago. The PCE, which is the Federal Reserve's preferred measure of inflation, was just below 7.3% in June of 2022. Another measure of inflation, the consumer price index, peaked at 9.1% at the same time. The latest inflation data, though, is a sign that the rate of inflation seems to be stalling as it falls to within range of the Fed's target of 2%. The central bank started raising its benchmark interest rate from near-zero in early 2022 to a two-decade high by the middle of 2023 and held it there in order to tame inflation. The Fed started cutting its benchmark interest rate in September, followed by a second cut in November. Wall Street expects a similar quarter-point cut at the central bank's upcoming meeting in December. “Today’s data shouldn’t change views of the likely path for disinflation, however bumpy," said David Alcaly, lead macroeconomic strategist at Lazard Asset Management. "But a lot of observers, probably including some at the Fed, are looking for reasons to get more hawkish on the outlook given the potential for inflationary policy change like new tariffs.” President-elect Donald Trump has said he plans to impose sweeping new tariffs on Mexico, Canada and China when he takes office in January. That could shock the economy by raising prices on a wide range of goods and accelerating the rate of inflation. Such a shift could prompt the Fed to rethink future cuts to interest rates. Treasury yields slipped in the bond market. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Tuesday. The yield on the two-year Treasury, which more closely follows expected actions by the Fed, fell to 4.22% from 4.25% late Tuesday. U.S. markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. Damian J. Troise And Alex Veiga, The Associated Press

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Former presidential candidate John Kerry claims that the U.S. was on the brink of declaring a climate emergency. Kerry made the shocking announcement during a forum hosted by the Harvard Kennedy School’s Institute of Politics last week. “I think, personally, we're on the brink of needing to declare a climate emergency, which is what we really have,” Kerry said to a captivated audience after recapping the most recent U.N. climate gathering. “And we need to get people to behave as if this really is a major transitional challenge to the whole planet, to everybody.” Exclusive: Delaware man has dire warning for parents after pregnant wife's rare symptom led to 'vegetative' state Georgia cult mom who thought she breastfed 'evil' into baby stabbed 13-month-old daughter to death During his chat, the former Secretary of State emphasized the global importance of the conferences which are reportedly held all over the world and which were recently held in in Baku, Azerbaijan. “Nobody lives as an island in this process, on this planet,” he said. “And no one country has enough money to deal with the climate crisis.” According to Kerry, he hopes that, despite all the political shifts happening all over the globe, ultimately, science will prevail. “Everything I've ever done and advocated for in this is based on science. No politics. There's no liberal or conservative, Democrat or Republican electrons or molecules," he said. When asked by Setti Warren, director of the Institute of Politics, and adjunct lecturer in public policy, the room — which was filled with future policymakers — what could be done to make climate the top issue. “Needs people feel translate into votes on election day,” Kerry said. “We have the challenge of getting people to understand that the economics of climate work favors people who are feeling the pinch of inflation.” DAILY NEWSLETTER: Sign up here to get the latest news and updates from the Mirror US straight to your inbox with our FREE newsletter. According to Kerry, he encouraged voters to remember that climate efforts are important. “In Donald Trump’s first term when he pulled out of the Paris Agreement, a thousand mayors in the United States stood up and said, we're not pulling out,” added Kerry. "Thirty-seven governors in our country, Republican and Democrat alike, enforced the law with respect to the deployment of energy because they operate under what's called renewable portfolio laws.” Kerry stated that at the end of Trump's first term, 75% of the new electricity in the United States of America was reportedly renewable even after Trump pulled out of the Paris Agreement. “The marketplace has made its decision,” he said. “I assure you that when Donald Trump takes the oath of office on January 20th, no CEO, in this country, of an automobile company, after spending billions of dollars retooling their plants, is going to suddenly go back to internal combustion engine cars.” In a brief ray of hope, the man noted that the President-elect was in favor of being the first in the delivery of energy. "I would assume, because the extraction principles of geothermal are very similar to the extraction of oil and gas, that the oil and gas companies—and I know this from talking to them—want to move into geothermal, " he said. "And that’s great. 80% of the workers today in geothermal have come from the oil and gas industry. So that's the future, the conversion.”KNOXVILLE, Tenn. (AP) — Chaz Lanier scored 18 and No. 7 Tennessee extended its season-opening winning streak to seven games with a 78-35 victory over UT Martin on Wednesday. Felix Okpara had 10 points and 11 rebounds for the Volunteers (7-0). Zakai Zeigler added 11 points and nine assists, and Igor Milicic had 13 rebounds and nine points. The Skyhawks (2-5) were led by Josu Grullon's 15 points. Lanier scored 11 points in the first half as Tennessee built a 35-20 lead at the half. Grullon had 10 for UT Martin. UT Martin: Dropped its fifth straight after two opening wins under first-year coach Jeremy Shulman. After 21 wins last year, the Skyhawks brought in 16 newcomers this season. They are picked to finish 10th in the Ohio Valley Conference. Tennessee: After receiving the news that 6-foot-9 sophomore J.P. Estrella will miss the entire season with a foot injury, the Vols have had to go back to the drawing board to determine their rotation on the front court. Estrella had been coming off the bench with Cade Phillips to spell Igor Milicic and Felix Okpara. What that big man rotation looks like will be interesting. From late in the first half to early in the second half, Tennessee scored 14 straight points and turned a 10-point lead into a 44-20 advantage. Zakai Zeigler had five of those points. UT Martin committed 18 turnovers. Five of those were shot-clock violations. Tennessee scored 24 points off the turnovers. UT Martin will be at Charleston Southern next Tuesday. Tennessee will host Syracuse next Tuesday in the SEC/ACC Challenge. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball