In conclusion, we must all come to terms with the reality of Mr. Liu's departure and look towards the future with optimism and determination. Let us carry forward the lessons he has imparted to us and strive to uphold the standards of excellence that he has set. Though he may no longer be with us in person, his influence will always remain in our hearts and minds.NEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Chargers focused on avoiding a letdown and not a potential playoff berth in matchup with PatriotsAs the Clippers prepare to navigate the next six weeks without one of their key players, they will need to rely on their depth and resilience to weather the storm. With a strong support system in place and Beverly's determination to return to action as soon as possible, the team remains focused on their ultimate goal of competing for a championship.The Tragic Passing of Influencer "Liu Dameili" After Liposuction Operation Sparks Concern
Japan ruling, opposition blocs vow to scrap undisclosed policy fundsRaymond James Financial Inc. stock rises Wednesday, still underperforms market
Henan Province Seeks Opinions: Proposed Exemption of Land Value Added Tax for the Sale of Ordinary Residences
During the meeting, both sides expressed their commitment to upholding the principles of democracy and the rule of law. There was a shared understanding that the transfer of power must be conducted in a transparent and inclusive manner, with the interests of the country and its people at the forefront of all decision-making.1 2 3 Chandigarh: The Chandigarh Wine Contractor Association (CWCA) has said excise duty and VAT in Chandigarh should be equivalent to Punjab, which levies 1% VAT on the ex-distillery price. In a meeting with the senior UT excise and taxation officials held here on Thursday, the CWCA submitted suggestions for the formulation of the Excise Policy 2025-26 . Darshan Singh Kler, president of the association, said, "We, the traders of Chandigarh, are facing heavy losses due to these heavy taxes as the lending cost of liquor in Punjab is less than the lending cost in Chandigarh. This difference makes a huge impact on the sale of liquor in Chandigarh as it makes the liquor of Punjab much cheaper compared to Chandigarh." The association has also demanded that the liquor vends should be reduced from 95 to 75, as in some sectors there are six vends. The association also suggested, "The quota of IMFL, IFL, and country liquor should be open, and the import duty should be reduced compared to the current status." It has also demanded that the validity of a permit for IMFL, IFL, Beer, and Country Liquor should be reduced to seven days. The association also submitted, "Ex-distillery price (EDP) and ex-brewery price (EBP) should not be increased under any circumstances, as if it is increased, it will lead to the prices of liquor skyrocketing in Chandigarh. This will lead to major losses for the Excise Contractors, as even currently we are not able to compete with the prices of liquor from Punjab." The date to sell the carry-forward stock is up to June 30; it should be extended to December 31 in the new policy of 2025-26. On the problem of bootleggers, the association stated the problem is increasing day by day and is becoming a menace for the administration. "Currently, the Excise Department has only one ASI and three constables, which are not enough to combat this problem. So, the force of the police should be increased, and a minimum of two ASI and 12 constables should be called on deputation from the police department," submitted the association. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .
MARA Holdings, Inc. Completes $850 Million Offering of Zero-Coupon Convertible Senior Notes due 2031