Stocks closed lower as Wall Street ended a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia, Tesla and Microsoft. Even with the loss, the S&P 500 had a modest gain for the week and is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. The yield on the 10-year Treasury rose slightly. On Friday: The S&P 500 fell 66.75 points, or 1.1%, to 5,970.84. The Dow Jones Industrial Average dropped 333.59 points, or 0.8%, to 49,992.21. The Nasdaq composite fell 298.33 points, or 1.5%, to 19,722.03. The Russell 2000 index of smaller companies dropped 35.60 points, or 1.6%, to 2,244.59. For the week: The S&P 500 is up 39.99 points, or 0.7%. The Dow is up 151.95 points, or 0.4%. The Nasdaq is up 149.43 points, or 0.8% The Russell 2000 is up 2.22 points, or 0.1%. For the year: The S&P 500 is up 1,201.01 points, or 25.2%. The Dow is up 5,302.67, or 14.1%. The Nasdaq is up 4,710.68 points, or 31.4%. The Russell 2000 is up 217.52 points, or 10.7%.In addition to expanding its service offerings, Gaode Maps is also introducing new features and enhancements to improve the overall user experience. One notable feature is the integration of real-time tracking and updates, allowing users to track the status of their orders and deliveries in real-time. This not only provides users with greater transparency and peace of mind but also helps them plan their schedules more effectively.
The Israeli incursion into Syrian territory has raised concerns about the potential for a wider conflict in the region, with fears of a military confrontation between Israel and Syria, as well as the risk of drawing in other regional players. The situation is further complicated by the presence of Russian military forces in Syria, who have been key allies of the Assad government.$36 million coming to WNY to fund environmental projects
WEST PALM BEACH, Fla. -- An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer's comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar." Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Trump has not yet weighed in on the rift. His presidential transition team did not respond to questions about positions on visas for highly skilled workers or the debate between his supporters online. Instead, his team instead sent a link to a post on X by longtime adviser and immigration hard-liner Stephen Miller that was a transcript of a speech Trump gave in 2020 at Mount Rushmore in which he praised figures and moments from American history. Musk, the world's richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump's movement but his stance on the tech industry's hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry's need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent," he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump's own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump's businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country" and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country," he told the “All-In" podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump's budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.
In conclusion, the detention of the two internet celebrities for their lowbrow performances serves as a stark reminder of the consequences of promoting vulgar and inappropriate content in the pursuit of online success. It is imperative for individuals in the online entertainment industry to exercise caution and responsibility in their content creation efforts, and for audiences to demand higher standards of ethics and decency in the content they consume. Only by upholding these principles can we ensure a more positive and enriching online experience for all.
Steam Weekly Sales Chart: "Path of Exile 2" Tops, "Fortnite" Ranks ThirdThe recent surge in A-Shares can be attributed to a confluence of factors, including robust economic indicators, favorable government policies, and burgeoning investor confidence. China's resilient economic performance, coupled with the country's effective containment of the COVID-19 pandemic, has bolstered investor sentiment and fueled optimism in the market. Additionally, Beijing's commitment to promoting economic growth through targeted stimulus measures has provided a much-needed boost to A-Share prices, creating a favorable environment for investors seeking high returns.
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Innovative FRP Cable Tray System Revolutionizing Industrial InfrastructureUCD joins $285M semiconductor initiativeThe second failed signing that raised eyebrows was in the defensive department. Arsenal, known for their defensive frailties in recent seasons, identified a solid center-back as a priority target. Talks were advanced, and it appeared that a deal was close to being finalized. Yet, just when it seemed like the club had finally found the solution to their defensive woes, complications arose, leading to the collapse of the transfer. The missed opportunity to bolster the defense left Arsenal vulnerable at the back, a weakness that opponents would surely look to exploit in the upcoming campaign.
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