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Stock market today: Wall Street dips as energy stocks, Home Depot weigh

Published Sat, 28 Dec 2024 04:56:44 GMT

NEW YORK (AP) — Stocks are ticking lower Tuesday after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure.The S&P 500 was 0.3% lower in midday trading. The Dow Jones Industrial Average was down 207 points, or 0.6%, at 33,137, as of 11:15 a.m. Eastern time, while the Nasdaq composite was 0.1% higher.Energy producers were some of the heaviest weights on the market as Exxon Mobil dropped 2.6% and Chevron fell 2.2%. Home Depot was also down 1.3% after it said its revenue fell by more in the latest quarter than expected. It described broad-based pressures across its business following years of big growth, and it cut its forecast for sales this fiscal year given all the uncertainty going forward. The dour report helped cause other retailers to fall, including a 1.4% drop for Lowe’s. Other big retailers are scheduled to report their results later this week, including Target and Walmart.They’re under the microscope because resilient s...

S&P/TSX composite down more than 200 points in morning trading, U.S. markets mixed

Published Sat, 28 Dec 2024 04:56:44 GMT

TORONTO — Losses in the energy sector helped lead Canada’s main stock index down in late-morning trading on the heels of new data showing inflation ticked higher in April, while U.S. stock markets were mixed.The S&P/TSX composite index was down 212.39 points at 20,327.58.In New York, the Dow Jones industrial average was down 213.75 points at 33,134.85. The S&P 500 index was down 14.19 points at 4,122.09, while the Nasdaq composite was up 13.10 points at 12,378.31.The Canadian dollar traded for 74.31 cents US compared with 74.15 cents US on Monday.The June crude oil contract was down 42 cents at US$70.69 per barrel and the June natural gas contract was up six cents at US$2.44 per mmBTU.The June gold contract was down US$19.50 at US$2,003.20 an ounce and the July copper contract was down eight cents at US$3.67 a pound.This report by The Canadian Press was first published May 16, 2023. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)The Canadian Press

Toronto Marathon founder apologizes to runners for poor race experience

Published Sat, 28 Dec 2024 04:56:44 GMT

The founder of the Toronto Marathon is apologizing to the event’s participants and supporters for the challenges they faced during the race earlier this month.Jay Glassman says event organizers received complaints about inadequate road closures and water stations and about “pandemonium” at the finish line that made it difficult for some participants to collect their medals or food and beverages.Glassman says barriers were knocked down and pushed aside, and some people walked out with cases of water and food, which reduced what was available for other participants.He says race organizers are still investigating what happened during the May 7 event by collecting more information and reviewing finish-area videos.Glassman says the event team sincerely apologizes to those who experienced challenges and will create a plan to avoid such issues, including installing more barriers and additional security.The Toronto Marathon is an annual event held on the first Sunday of Ma...

South Korea soccer player Son Jun-ho detained in China on suspicion of taking bribe

Published Sat, 28 Dec 2024 04:56:44 GMT

BEIJING (AP) — South Korea midfielder Son Jun-ho has been detained in the northeastern Chinese province of Liaoning on suspicion of accepting a bribe, China’s Foreign Ministry said Tuesday. Spokesperson Wang Wenbin said Son was placed in custody “recently” and was under investigation. The South Korean consulate in the provincial capital of Shenyang had been informed of Son’s detention and allowed access to the player as required by international treaty.Son had been playing for the Chinese Super League’s Shandong Taishan, and Hong Kong newspaper South China Morning Post said the bribery allegations concerned suspected match-fixing involving coach Hao Wei.Wang gave no details on the timing or conditions of Son’s detention, but the Post said he was detained at an airport with his family on Friday while preparing to leave the country.Lim Soo-suk, South Korea’s Foreign Ministry spokesperson, said his government was providing Son with “necessary consular assistance” through th...

Vikings finalize Za’Darius Smith trade, sign pair of Minnesota natives

Published Sat, 28 Dec 2024 04:56:44 GMT

Za’Darius Smith is officially no longer a member of the Vikings. The 30-year-old edge rusher passed a physical and the Vikings were able to finalize a trade that has been a long time coming.The announcement came via social media on Tuesday morning with the Vikings sending Smith to the Cleveland Browns in exchange for a fifth-round draft pick in 2024 and a fifth-round pick in 2025. In addition, the Vikings also parted ways with a sixth-round pick in 2025 and a seventh-round pick in 2025.This move will save the Vikings a good amount of money as Smith was set to make a $9.45 million base salary this season while carrying a $15.5 million cap hit. He reportedly has agreed to a restructured deal and it sounds like the Vikings will be picking up some of the money to help facilitate the transaction.As impressive as Smith was at times last season, his productivity plummeted late in the season as he battled through a host of injuries. He had 9 1/2 sacks from Week 1 to Week 10 last seaso...

Canadian wildfires make skies hazy in Twin Cities; air-quality alert issued for northern Minnesota

Published Sat, 28 Dec 2024 04:56:44 GMT

Smoke from Canadian wildfires is causing hazy skies in the Twin Cities, and an air-quality alert for northern Minnesota.The Minnesota Pollution Control Agency issued the air-quality alert for northern Minnesota, descending as far south as Alexandria and Ortonville.Courtesy of Minnesota Pollution Control Agency.The alert, which took effect at 4 a.m. on Tuesday, expires at 4 p.m.The affected area includes northern Minnesota and the tribal nations of Grand Portage, Fond du Lac, Leech Lake, Red Lake and Mille Lacs.Air quality is expected to reach the orange category of the air quality index, which is unhealthy for sensitive groups; avoid prolonged time outdoors if you have cardiovascular or respiratory conditions.The band of smoke from wildfires in northern Alberta and Saskatchewan is having less impact in the Twin Cities: The hazy cover might mean that the Twin Cities will not be quite as warm today as originally forecast, says meteorologist Melissa Dye of the Twin Cities office of the...

Visit these Warren County museums for free on May 18!

Published Sat, 28 Dec 2024 04:56:44 GMT

GLENS FALLS, N.Y. (NEWS10) -- On Thursday, May 18, families can visit the World Awareness Children's Museum for free between 3 and 8 p.m! Free admission will also be available at The Hyde Collection and the Chapman Museum. Get the latest, news, weather, sports and community events delivered right to your inbox! At the World Awareness Children's Museum, visitors can explore hands-on exhibits and participate in a special craft workshop to create their art gallery exhibit on paper. To see additional information about the museum, click here.Visitors can pick up special passports and get stamps at each museum. Once the passport is fully stamped, you can enter a chance to win a family membership at one of the organizations.

Albany’s 2023 Alive at Five concert series lineup announced

Published Sat, 28 Dec 2024 04:56:44 GMT

ALBANY, N.Y. (NEWS10) -- The lineup for Albany’s 2023 Alive at Five concert series has been announced. The free concert series runs on Thursdays from June 8 to August 3, except June 29, from 4:30 p.m. to 8 p.m. Get the latest, news, weather, sports and community events delivered right to your inbox! The concerts take place at Jennings Landing in Albany. Parking is available at the Riverfront Garage at 2 Columbia Street and Quackenbush Garage at 25 Orange Street for $8 starting at 4 p.m.LineupJune 8: Emo Pride NightHawthorne HeightsBad LuckJune 15: Jam NightMihaliSide BJune 22: Country NightMatt StellSkeeter CreekJuly 6: Rock NightPlushSuper 400July 13: Classic Rock NightSweetSly Fox & The HustlersJuly 20: Reggae NightThe SkatalitesDr. Jah and the Love ProphetsJuly 27: Hip-Hop NightRakimDJ J-RoninCamtron 5000August 3: R&B NightMontell JordanDJ TGIF Brunswick summer concert series lineup announced No alcohol, coolers, backpacks, bags, containers, packages, thermoses, cups,...

Police: Two arrested for vandalizing sports fields in Berlin

Published Sat, 28 Dec 2024 04:56:44 GMT

BERLIN, N.Y. (NEWS10) -- Investigations into a vandalism complaint has resulted in two arrests. According to the Rensselaer County Sheriff's Office, Damian M. Degennaro II, 27, of Berlin, and Olivia L. Gravel, 23, of Williamstown, Mass., allegedly caused damage to two sports fields at the Berlin Middle/High School on May 3. Get the latest, news, weather, sports and community events delivered right to your inbox! Police say the couple turned themselves in on May 12. They face the following charges:PL 145.10 – Criminal Mischief in the Second Degree (D Felony)PL 105.05(1) – Conspiracy in the 5th Degree (A Misdemeanor)PL 140.10(A) – Criminal Trespass in Third Degree (B Misdemeanor)Both Degennaro and Gravel were released and issued appearance tickets for Berlin Town Court on May 17, 2023. Police have not released any other details.

Drag story hour back on the agenda at Lake Luzerne library

Published Sat, 28 Dec 2024 04:56:44 GMT

LAKE LUZERNE. N.Y. (NEWS10) - Last month, the prospect of a family-friendly drag storytime hour turned into a controversial debate among Lake Luzerne residents. This week, the subject returns to the Rockwell Falls Public Library board. Get the latest, news, weather, sports and community events delivered right to your inbox! On Tuesday night, the library board is set to further discuss a drag storytime hour initially set for April 15. Around 40 Lake Luzerne residents attended a library board meeting the week before the original event, protesting the story hour and stating their belief that a drag queen interacting with their children would endanger them, and expose them to inappropriate content. The event was postponed shortly thereafter, as the library stated its intent to further research whether a drag storytime event would be a good fit.The agenda for Tuesday night's library board meeting gives one immediate update - if the story hour does take place, Sagamore will not be the o...