Browsed by
Category: Uncategorized

Stocks rise on Wall Street as AI stocks turn higher again

Stocks rise on Wall Street as AI stocks turn higher again

By DAMIAN J. TROISE, Associated Press

NEW YORK (AP) — Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week.

Technology stocks were once again the main force behind the market’s broader moves, especially companies with a focus on artificial intelligence. Both the S&P 500 and the Nasdaq closed out the week with gains, despite several stumbles early this week.

The S&P 500 rose 59.74 points, or 0.9%, to 6,834.50. It notched a 0.1% gain for the week. The Dow Jones Industrial Average rose 183.04 points, or 0.4%, to 48,134.89.

The technology-heavy Nasdaq made the biggest move. It rose 301.26 points, or 1.3%, to 23,307.62 and notched a 0.5% gain for the week.

Nvidia was the biggest force driving the market higher, with a 3.9% gain. Broadcom jumped 3.2%.

Related Articles


The Savings Game: Using your HSA like a Roth account


Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling


Groveland wants $1.4 million from Kroger for facility closure
read more

Ford recalls more than 270,000 electric and hybrid vehicles due to roll-away risk

Ford recalls more than 270,000 electric and hybrid vehicles due to roll-away risk

Ford is recalling more than 270,000 electric and hybrid vehicles in the U.S. because of a parking function problem that could lead to them rolling away.

The Detroit automaker said that the recall includes certain 2022-2026 F-150 Lightning BEV, 2024-2026 Mustang Mach-E, and 2025-2026 Maverick vehicles. At issue is the integrated park module, which may fail to lock into the park position when the driver shifts into park.

Ford said that it will implement a park module software update for free.

Vehicle owners may contact Ford customer service at 1-866-436-7332 for additional information.

Related Articles


  • The Savings Game: Using your HSA like a Roth account


  • Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling


  • Groveland wants $1.4 million from Kroger for facility closure


  • Five people sue Universal, claiming Stardust Racers caused severe injuries


  • Stocks rise on Wall Street as AI stocks turn higher again

  • read more

    November US homes sales rose from the previous month, but down from 2024 as prices climb

    November US homes sales rose from the previous month, but down from 2024 as prices climb

    By ALEX VEIGA, AP Business Writer

    Sales of previously occupied U.S. homes rose in November from the previous month, but slowed compared to a year earlier for the first time since May despite average long-term mortgage rates holding near their low point for the year.

    Related Articles

    Existing home sales rose 0.5% in last month from October to a seasonally adjusted annual rate of 4.13 million units, the National Association of Realtors said Friday.

    Sales fell 1% compared with November last year. The latest sales figure came in slightly below the 4.14 million pace economists were expecting, according to FactSet.

    Through the first 11 months of this year, home sales are down 0.5% compared to the same period last year. read more

    Would-be Florida homebuyers getting cold feet? Many more are walking away from purchases

    Would-be Florida homebuyers getting cold feet? Many more are walking away from purchases

    More homebuyers have been backing out of home-purchase agreements in many parts of Florida and across the U.S., a new analysis shows.

    Florida and Texas are seeing more newly built homes “than anywhere else in the country,” leading some buyers to back out of deals because they feel they might find a better option, according to Redfin, a real estate data and service provider.

    About 53,000 home-purchase agreements — or 15.1% of homes that went under contract in October — got canceled in the U.S. that month, according to a recent Redfin analysis. That’s up from 14.3% in October 2024.

    And several metropolitan parts of Florida saw higher cancellation rates in October when compared to a year earlier:

    Fort Lauderdale region: A fifth of overall pending sales, or 20%, fell out of contract in October, or higher than the 17.5% recorded in October 2024.

    Miami region: 17.6% of pending sales fell out of contract in October. It was 16.6% a year earlier.

    Orlando region: 19.1% of pending sales fell out of contract in October, higher than the 18.6% documented a year earlier. read more

    Silly stocking stuffer ideas from the Nerds

    Silly stocking stuffer ideas from the Nerds

    Giving gifts gets expensive, amiright?

    A new NerdWallet survey finds that 82% of Americans plan to purchase gifts this holiday season. And 65% of these holiday shoppers are concerned about tariffs impacting their holiday gift shopping this year.

    One solution? Fewer pricey presents, more affordable ones, some that’ll garner a laugh. For this list, we’re thinking outside the sock. Get it?

    Prices are current at the time of this writing, but you know the holidays. Things could get cheaper or more expensive.

    Silly stocking stuffers you (probably, maybe?) won’t regret buying

    1. Wearable blanket: Prices vary

    In a world obsessed with comfort (my grandpa is rolling his eyes from above), cozy gifts are always a hit, even the silly ones. Enter the wearable blanket, which, according to Google Trends, is something people actually want.

    Here’s one that started it all: Snuggie. Buy it for someone with high self-esteem. The Original is $25.

    Why it’s not a total waste of money: Snuggies are comfortable and winters are cold.

    2. Tortilla blanket: $16.97 (60-inch size, beige)

    I never thought a piece of fabric would make me hungry, but tortilla blankets do. This gift idea is trending and really funny when you take a look. Blankets like this one on Amazon are an easy way to get a smile out of your gift recipient. read more