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How major US stock indexes fared Tuesday, 11/28/2023

Published Tue, 05 Nov 2024 05:26:52 GMT

Stocks drifted to a mostly higher close following a strong report on consumer confidence and growing hopes that the Federal Reserve is finished with its aggressive interest rate hikes. The S&P 500 rose 0.1% Tuesday. The Dow Jones Industrial Average added 83 points and the Nasdaq composite climbed 0.3%. Treasury yields fell after Christopher Waller, a member of the Federal Reserve’s Board of Governors, said he was ‘increasingly confident’ that the Fed could get inflation back down to its 2% target. The Conference Board’s November consumer confidence survey came in higher than analysts were expecting.On Tuesday:The S&P 500 rose 4.46 points, or 0.1%, to 4,554.89The Dow Jones Industrial Average rose 83.51 points, or 0.2%, to 35,416.98.The Nasdaq composite rose 40.73 points, or 0.3%, to 14,281.76.The Russell 2000 index of smaller companies fell 8.35 points, or 0.5% to 1,792.81.For the week:The S&P 500 is down 4.45 points, or 0.1%.The Dow is up 26.83 points, or 0.1%.The Nasdaq...

Clemson linebacker Trotter giving up his final college season to enter NFL draft

Published Tue, 05 Nov 2024 05:26:52 GMT

CLEMSON, S.C. (AP) — Clemson linebacker Jeremiah Trotter Jr. is giving up his final year in college for the NFL.Trotter announced his decision Tuesday on social media, thanking his family along with Clemson coaches, teammates and fans in helping shape who he is.“After long thought and prayer, I am officially announcing that I am taking the next step in a lifelong dream and declaring for the 2024 NFL draft,” he posted.Trotter is not expected to play in whatever bowl game the Tigers (8-4) take part in. His last act with Clemson was planting the team flag at midfield of rival South Carolina’s stadium on Saturday night after the Tigers’ 16-7 victory.Trotter is a 6-foot, 230-pound linebacker from Hainesport, New Jersey. He led the Tigers this season with 87 tackles, 14 1/2 stops behind the line of scrimmage and two interceptions. He had a pick-six score in a 31-23 victory over then-No. 12 Notre Dame on Nov. 4. Trotter’s father is longtime NFL linebacker Jeremiah Trotter...

NetApp: Fiscal Q2 Earnings Snapshot

Published Tue, 05 Nov 2024 05:26:52 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — NetApp Inc. (NTAP) on Tuesday reported fiscal second-quarter earnings of $233 million.On a per-share basis, the San Jose, California-based company said it had profit of $1.10. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.58 per share.The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.The data storage company posted revenue of $1.56 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $1.53 billion.For the current quarter ending in January, NetApp expects its per-share earnings to range from $1.64 to $1.74.The company expects full-year earnings in the range of $6.05 to $6.25 per share._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTAP at ht...

Vikings receiver Justin Jefferson will return after 7-game absence for hamstring injury

Published Tue, 05 Nov 2024 05:26:52 GMT

MINNEAPOLIS (AP) — Minnesota Vikings All-Pro wide receiver Justin Jefferson is ready to return after missing two months with a hamstring injury.Coach Kevin O’Connell announced on Tuesday that Jefferson will be activated from injured reserve. Minnesota began its bye week after a 12-10 loss to Chicago on Monday, but Jefferson will be added to the active roster before the Vikings (6-6) play at Las Vegas on Dec. 10 after missing the past seven games.Jefferson, the AP NFL Offensive Player of the Year in 2022, has missed seven games since the injury in Week 5 against Kansas City, the first absence of his four-year career. He has 36 catches for 571 yards and three touchdowns this season.“Justin was close to having a chance of going last night, but the best thing for him and for our team moving forward was to get through the bye and ultimately have him at 100% coming out of the bye as we take on the Raiders on the road,” O’Connell said.Jefferson returned to practice on Nov. 8 an...

Berkshire Hathaway says Charlie Munger, who helped Warren Buffett build an investment powerhouse, has died.

Published Tue, 05 Nov 2024 05:26:52 GMT

OMAHA, Neb. (AP) — Berkshire Hathaway says Charlie Munger, who helped Warren Buffett build an investment powerhouse, has died.Source

Tigers sign Japanese RHP Kenta Maeda to $24M, 2-year contract to win games and mentor young pitchers

Published Tue, 05 Nov 2024 05:26:52 GMT

DETROIT (AP) — Kenta Maeda gave the Detroit Tigers what they were looking for in free agency, a veteran talented enough to bolster their rotation with an approach they want pitchers on model on the mound.“We think he’s going to both help us win games and influence our young starters,” general manager Scott Harris said Tuesday after Detroit and the 35-year-old Japanese right hander finalized a $24 million, two-year contract.Maeda joins a projected rotation with pitchers in their 20s, a group that potentially includes Matt Manning, Alex Faedo, Reese Olson, Tarik Skubal, Joey Wentz and perhaps Casey Mize.“He does a lot of things that we really like, and hope will rub off on our young starters,” Harris said.Harris, entering his second full season in charge of the franchise, may add more players to the mound.“You’ll never hear me say we have enough pitching,” he said.Maeda is 65-49 with a 3.92 ERA in 155 starts and 35 relief outings for the Los Angeles Dodgers and Minnesota.He spen...

CNBC: cómo reportar tus donaciones de Giving Tuesday al declarar impuestos, según los expertos

Published Tue, 05 Nov 2024 05:26:52 GMT

Si planeas donar a organizaciones benéficas este Giving Tuesday, puede resultar complicado solicitar una deducción de tus impuestos, dicen los expertos.Los estadounidenses canalizaron aproximadamente $3,100 millones a sus organizaciones favoritas en 2022, un aumento del 15% con respecto a 2021, según el sitio web de la organización GivingTuesday.Si bien las exenciones fiscales generalmente no son la razón principal para donar, una deducción estándar más alta ha hecho que las exenciones fiscales para organizaciones benéficas sean más difíciles de reclamar. Aún así, ciertas estrategias de donación ofrecen más ahorros que otras, dicen los expertos.Al presentar tus impuestos, tu solicitas la mayor entre la deducción estándar o el total de deducciones detalladas. Esta segunda categoría puede incluir deducciones médicas y caritativas, impuestos estatales y locales y más. Hallan moneda de oro que vale $1,200 en cubeta de donaciones del Salvation Army ...

Intuit: Fiscal Q1 Earnings Snapshot

Published Tue, 05 Nov 2024 05:26:52 GMT

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Intuit Inc. (INTU) on Tuesday reported fiscal first-quarter net income of $241 million.On a per-share basis, the Mountain View, California-based company said it had net income of 85 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to $2.47 per share.The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.The maker of TurboTax, QuickBooks and other accounting software posted revenue of $2.98 billion in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $2.87 billion.For the current quarter ending in January, Intuit expects its per-share earnings to range from $2.25 to $2.31.The company expects full-year earnings in the range of $16.17 to $16.47 per share, with revenue ranging from $15.89 billion to $16.11 billion._____This story was generated by Automated Insi...

Joe Biden arriving Tuesday in Denver, visiting Pueblo Wednesday

Published Tue, 05 Nov 2024 05:26:52 GMT

DENVER (KDVR) — President Joe Biden will arrive in Denver on Tuesday afternoon for a two-day visit to Colorado.Biden is scheduled to arrive around 4:15 p.m. when Air Force One lands in Denver.FOX31 will have live coverage of the president's arrival on TV and streaming in this story.The White House said Biden will participate in a campaign reception tonight, but no details were released. The Colorado Sun obtained a flyer for the event showing it's a fundraiser for the Biden Victory Fund with tickets that start at $1,000 and Gov. Jared Polis as a guest. FOX31 Newsletters: Sign up to get breaking news sent to your inbox The Biden Victory Fund is a joint fundraising committee that brings in money for the president's reelection campaign along with the Democratic National Committee and state Democratic parties.Wednesday, Biden will travel to Pueblo to visit CS Wind. The South Korea-based company's Colorado facility is the largest wind tower manufacturing plant in the world.In April, CS ...

2 people found shot dead at Parker hotel

Published Tue, 05 Nov 2024 05:26:52 GMT

PARKER, Colo. (KDVR) -- Two bodies were discovered near the Parker Holiday Inn on Tuesday. according to Parker police.The Parker Police Department reported that the call was received at about 12:47 p.m. regarding two bodies with gunshot wounds between the Holiday Inn and the Saltgrass Steakhouse in the 19000 block of Cottonwood Drive. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Parker police said they are still gathering facts but are not looking for any additional suspects as of 1:22 p.m.