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Stock market today: Wall Street heads lower on the first trading day of 2024

Published Thu, 26 Dec 2024 18:00:13 GMT

NEW YORK (AP) — With the robust gains of 2023 in the rear view mirror, Wall Street was poised to open with losses on the first trading day of 2024. Futures for the S&P 500 lost 0.8% before the bell Tuesday, while futures for the Dow Jones Industrial Average slid 0.6%.Investors and economists will get a trove of employment data this week, with the government reporting on November job openings Wednesday, weekly jobless claims Thursday and the closely-watched December jobs report on Friday.Stocks fell Friday on Wall Street from their near all-time highs amid easing inflation, a resilient economy and the prospect of lower interest rates which buoyed investors. Elsewhere, Hong Kong’s benchmark fell more than 1% and Shanghai also declined after data showed more signs of weakness in the Chinese manufacturing and property sectors. The Hang Seng index in Hong Kong sank 1.6% to 16,784.00 and the Shanghai Composite index dropped 0.4% to 2,962.28. Investors were selling property developers ...

Hermoso testifies in sexual assault case after kiss at Women’s World Cup

Published Thu, 26 Dec 2024 18:00:13 GMT

The former president of Spain's soccer federation Luis Rubiales passes a police van as he leaves after testifying at the National Court in Madrid, Spain, Friday, Sept. 15, 2023. Spanish state prosecutors formally accused Rubiales last week of alleged sexual assault and an act of coercion after Rubiales kissed Spain forward Jenni Hermoso during the awards ceremony after Spain beat England to win the title on Aug. 20 in Sydney, Australia. (AP Photo/Manu Fernandez)(AP/Manu Fernandez) The former president of Spain's soccer federation Luis Rubiales passes a police van as he leaves after testifying at the National Court in Madrid, Spain, Friday, Sept. 15, 2023. Spanish state prosecutors formally accused Rubiales last week of alleged sexual assault and an act of coercion...

An incoming Virginia delegate wants to expand use of speed cameras

Published Thu, 26 Dec 2024 18:00:13 GMT

When they reconvene this month, Virginia lawmakers will consider a proposal to allow local governments to install speed cameras wherever they deem them necessary, with penalties of up to $100 for violations.Bill patron Del.-elect Mike Jones, D-Richmond, said the legislation is intended to increase speed enforcement and reduce the number of traffic fatalities.“It gives localities the decision of whether they want to do it or not,” said Jones. “So it’s not a ‘shall’ — every locality will have it — but for the ones that are concerned with this, it would help them out.”State law currently allows local governments to install speed cameras in work and school zones as a way to drivers to go slower around children and construction workers. Jones’ bill would go further, allowing their placement in “any location deemed necessary” by local governments.However, the use of more cameras to enforce speed laws has previously sparked controversy over privacy and public perceptions that the technolog...

DC police ask for public’s help in finding dog stolen during burglary

Published Thu, 26 Dec 2024 18:00:13 GMT

A pit bull named Lola was taking during a burglary in D.C. on New Year's Eve. (Courtesy D.C. police) A pit bull named Lola was taking during a burglary in D.C. on New Year's Eve. (Courtesy D.C. police) A dog is missing from a D.C. home following a burglary, and police are asking for the public’s help in finding the animal.Just before 7:30 p.m. on New Year’s Eve, two people knocked on a door in the 100 block of Atlantic Street in Southeast, according to D.C. police.The two suspects then “pushed” themselves into the home and assaulted the homeowner before taking a dog named Lola and fleeing the area, according to police.Lola is a black 7-month-old female pit bull with a white stripe on the to...

South Korean opposition leader is stabbed in the neck. Police say attacker approached for autograph

Published Thu, 26 Dec 2024 18:00:13 GMT

South Korean opposition leader Lee Jae-myung is seen after he was injured in Busan, South Korea, Tuesday, Jan. 2, 2024. Lee was attacked and injured by an unidentified man during a visit Tuesday to the southeastern city of Busan, emergency officials said. (Sohn Hyung-joo/Yonhap via AP)(AP/Sohn Hyung-joo) South Korean opposition leader Lee Jae-myung is seen after he was injured in Busan, South Korea, Tuesday, Jan. 2, 2024. Lee was attacked and injured by an unidentified man during a visit Tuesday to the southeastern city of Busan, emergency officials said. (Sohn Hyung-joo/Yonhap via AP)(AP/Sohn Hyung-joo) SEOUL, South Korea (AP) — South Korea’s tough-speaking liberal opposition leader, Lee Jae-myung, was stabbed in...

An Israeli official says Israel will defend itself against genocide accusations at the world court

Published Thu, 26 Dec 2024 18:00:13 GMT

JERUSALEM (AP) — An Israeli official says Israel will defend itself against genocide accusations at the world court.Source

‘Very scary. Windows shook.’ — DC, Maryland residents experience earthquake

Published Thu, 26 Dec 2024 18:00:13 GMT

Hundreds in and around the D.C. Metro area have reported feeling the effects of a small earthquake between Gaithersburg and Rockville, Maryland, according to data from the U.S. Geological Survey. Here’s what you need to know.Preliminary information reviewed by the agency placed the earthquake at a magnitude of 2.3, with more than 200 individuals reporting feeling a rumbling or loud noise.While magnitude of the earthquake is considered small, it startled some residents in the middle of the night. Montgomery County police told WTOP it received reports of an earthquake/tremors in Rockville, Brookeville and Olney areas.WTOP listeners throughout the region, including those living in Northwest D.C. and Montgomery, Prince George’s and Howard counties in Maryland, reported shaking just before 1 a.m. on Tuesday.“I’m in Kensington, Maryland, and felt/heard what seemed like an earthquake,” one listener wrote to WTOP. “Rumbling and a big boom lasting about maybe 10...

Man arrested after holding security guard at gunpoint, breaching Colorado Supreme Court building

Published Thu, 26 Dec 2024 18:00:13 GMT

DENVER (KDVR) — One person has been arrested after allegedly breaching the Colorado Supreme Court building early Tuesday morning.According to the Denver Police Department, officers responded to a call at 1:15 a.m. about a two-car crash in the area of 13th Street and Lincoln. One of the drivers allegedly pointed a handgun at the other.A short time later, the Colorado State Patrol said the same suspect shot out a window on the east side of the Colorado Supreme Court building known as the Ralph L. Carr Judicial Center located at 2 East 14th Ave. FOX31 Newsletters: Sign up to get breaking news sent to your inbox The suspect then breached the building and came in contact with an unarmed security guard with the Colorado State Patrol Capitol Security Unit. CSP said the suspect held the security guard at gunpoint and demanded access to other parts of the building. The suspect obtained keys from the guard and accessed an unknown number of floors.CSP said the suspect then made his way to th...

FHP trooper vehicle involved in hit-and-run on I-75 in Weston; suspect in custody

Published Thu, 26 Dec 2024 18:00:13 GMT

The Florida Highway Patrol (FHP) and Broward County Sheriff’s Fire Rescue responded to reports of a hit-and-run accident involving an FHP trooper vehicle.The incident unfolded around 7 a.m. Tuesday, on the northbound lanes of Interstate 75 approaching Indian Trace in Weston. Live video footage from 7SkyForce revealed that a black car was involved in the crash as it was stopped on the left-most lane of the highway while authorities surrounded it. According to 7News’ Steven J. Gray, after the black vehicle struck the FHP cruiser, the driver exited their car and fled on foot. Law enforcement searched for the person who fled the scene with the help of police helicopters and K-9 units. After a few hours, authorities were able to find the driver and take him into custody. FHP officials have been contacted for more details. Please check back on WSVN.com and 7News for more details on this developing story.

Iranian warship enters Red Sea as tensions rise

Published Thu, 26 Dec 2024 18:00:13 GMT

Iran dispatched a naval frigate to the Red Sea amid an escalating standoff between Western nations and Tehran-backed militants that has seen maritime traffic attacked by drones, missiles and speedboats.Iran’s Tasnim news agency reported Monday that the warship Alborz crossed the Bab el-Mandeb Strait and entered the busy waterway, where a U.S.-led coalition is already stationed. According to Iranian officials, the 51-year-old vessel, originally sold to the shah of Iran by Britain, will supervise naval missions in the Indian, Pacific and Atlantic oceans.The move adds Iran’s military into an increasingly volatile crisis unfolding in the Red Sea, where tensions have soared in the wake of the Israel-Hamas war in the Gaza Strip. Houthi rebels from Yemen — who, along with Gaza-based Hamas, form part of the Iranian-backed “axis of resistance” against Israel — started targeting commercial vessels traversing the Red Sea in December. The group insists it aims only to disrupt tankers and c...