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☆ S&P on pace to score fourth month of consecutive gains. History tells us what could come next
▼ + stars: | 2024-02-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The S & P 500 is ending February with a gain of almost 5%. S & P 500: Four big months November: up 8.9% December: up 4.4% January: up 1.6% February: up 4.6% The November gain of 8.9% was one of the 20 best monthly performances in history. The S & P has advanced about 5% since passing the old January 2022 historic high, which it crossed on Jan. 19, this year. Put another way: the S & P has recovered all the bear market losses from the old high in January 2022 to the bear market bottom in October 2022, and added another 5%. "Yet it also offers encouragement that no post-recovery selloff saw the start of a new bear market before rebounding and proceeding onto additional new highs."

Persons: Steve Starker, Todd Sohn, Eli Lilly, Nicholas Colas, Sam Stovall Organizations: Nvidia, P, Technology, Services, Care, Broadcom, Communication Services, Meta, Health Care, Merck, Depot, Costco, JPMorgan, Mastercard, Berkshire Hathaway, Research Locations: BTIG

☆ Premarket stocks: This rally is nearly unprecedented. Can it last?
▼ + stars: | 2024-02-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Just last week the S&P 500 hit a new all-time high and notched its best showing in a year. But this nearly unprecedented surge in the markets is sparking some concern over what’s driving the rally and whether it can continue. The S&P 500 and Dow last week each reached record levels after blockbuster earnings from the chipmaker set off a broad market rally. The S&P 500 is up more than 6% for the year, but when you equally weigh all of the stocks in the index, it’s up just 2.5%. Last year, the S&P 500 rose by 24.2%, but the equally-weighted index was up by just 11.6%.

Persons: Sam Stovall, Tesla, Jamie Dimon, ” Dimon, CNBC’s Leslie Picker, That’s, ”, What’s, Warren Buffett, Berkshire Hathaway, Eva Rothenberg, Buffett, Gary Pilnick’s, WK Kellogg, Pilnick, Bran, ” Pilnick, hasn’t, Carl Quintanilla Organizations: CNN Business, Bell, New York CNN —, Nvidia, Dow, Nasdaq, Health, Tech, Deutsche Bank, Microsoft, Apple, Amazon, Google, JPMorgan, Federal Reserve, Traders, PCE, Berkshire, CNBC Locations: New York, Berkshire, Omaha , Nebraska, Omaha, United States

☆ Trump warns the market will crash if he loses. Investors just laugh
▼ + stars: | 2024-02-27 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —Former President Donald Trump is once again warning the stock market is doomed unless voters return him to the White House. He went on to say a loss for him would spark “the largest stock market crash we’ve ever had.”But there is no evidence to support that claim. “This is just an encore presentation of what he said last time,” said Art Hogan, chief market strategist at B. Riley Financial. In fact, the stock market has generated higher annual returns when Democrats are in power. It’s true that Trump’s surprise victory in November 2016 helped spark an impressive rally in the stock market as investors bet on deregulation, tax cuts and infrastructure.

Persons: Donald Trump, Trump, you’re, ” Trump, ”, Brian Gardner, “ There’s, ” David Kelly, “, Kelly, Joe Biden, Biden, Hogan, ” Sam Stovall, he’s, “ It’s, Dow, ” Kelly, Gardner, James Singer, CNN it’s “, ” Singer, Jerome Powell —, Powell, Jerome Powell, Greg Valliere, Trump’s Organizations: New, New York CNN, CNN, White, Trump, Asset Management, Dow, Riley, CFRA Research, GOP, “, Nasdaq, Federal Reserve, JPMorgan, Biden, Republicans, Democrat, Research, —, Republican, AGF Investments Locations: New York, Washington, Trump, China

☆ Walmart and Amazon face legal trouble for using a points system to track and fire employees over absences: lawyers
▼ + stars: | 2024-02-21 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +18 min

AdvertisementWalmart would not provide details on its points-based attendance system to Business Insider. AdvertisementSimilar to Walmart's policy, Amazon uses a points-based attendance system that could land employees in hot water if they hit eight points in a rolling 60-day period, according to the company. Many companies, including mid-size ones, have started to implement a points-based system to track lateness and absences, Zambrano noted. Amazon disputed the description of its points-based attendance system as totally "automated." "The attendance system works very similar to a standard time clock system," Stephenson, Amazon's spokesperson, told Business Insider.

Persons: Ron Zambrano, Zambrano, Lizzo, Nick Yasman, Yasman, Kelly Hellbusch, Hellbusch, Julio Cortez, Sam Stephenson, Stephenson, There's, Patricia Caputo, " Caputo, Caputo, Artur Widak, Amazon, Caputo wasn't, Mekaliah Torres, Torres, David Wagner, Wagner, Larreon Murphy, Murphy, they're, Elizabeth Gedmark, Gedmark Organizations: Walmart, Trial, Amazon, Business, West Coast, Lawyers, Employees, West Coast Trial, AP, United, Zambrano , West, California's Kern County Superior Court, Superior Court, California's Riverside County Superior Court, California's Sacramento County Superior Court Locations: California, Amazon, New York, Zambrano ,, California's Kern County, California's Fresno, California's Riverside County, California's Sacramento County

☆ Charlie Woods, Tiger Woods’ 15-year-old son, enters PGA Tour pre-qualifier event
▼ + stars: | 2024-02-21 | by ( David Close | ) edition.cnn.com time to read: +1 min

CNN —Tiger Woods’ 15-year-old son, Charlie Woods, will compete in a pre-qualifier event Thursday in hopes of making the field for his first PGA Tour start next week. To qualify for the PGA Tour’s Cognizant Classic, Charlie would need to advance from the pre-qualifier and then again from the event’s qualifier Monday. The PGA Tour said just four qualifiers will advance from Monday’s event into the Cognizant Classic field. Aside from winning a state championship, Woods and his legendary father have played together at the PGA Tour’s annual PNC Championship tournament. “I am proud of whatever direction he chooses.”CNN has reached out to Tiger Woods for comment.

Persons: Charlie Woods, Charlie, Sam Snead, Woods, Tiger Woods, Steve Almasy Organizations: CNN, Palm, PGA, PNC Locations: Hobe Sound, Florida

☆ Americans making student loan payments have up to 36% less saved for retirement
▼ + stars: | 2024-02-19 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

The study examined the retirement savings habits of more than 50,000 participants between 2017 and 2019 to see how student loan payments affected their contributions. While a higher salary does correlate with higher 401(k) balances and contribution rates overall, it doesn't close the gap between those making student loan payments and those who aren't making such payments. For employees earning less than $55,000 a year, those without student loan payments had balances about 4.5% higher on average than those with student loan payments, regardless of tenure. Lower earners were also less likely to reduce their contributions when they started making student loan payments. "[It's] less disposable income that [borrowers] have, so it's likely a fear reaction," Sam Silberstein, a certified financial planner and certified student loan professional with Student Loan Planner, tells CNBC Make It.

Persons: aren't, Sam Silberstein Organizations: Research Institute, CNBC

Stocks fell Tuesday as Nvidia led a broader tech decline ahead of the chipmaker's earnings report. Shares of Nvidia , which is set to report earnings Wednesday after the bell, fell more than 5%. Although Nvidia is expected to post impressive results, investors have expressed concerns about its sky-high valuation. Walmart shares added more than 4% after the big-box retailer also beat quarterly earnings and revenue expectations, fueled by double-digit growth in the company's global e-commerce sales. Tuesday kicks off the shortened trading week after U.S. markets were closed Monday in observance of the birthday of George Washington.

Persons: Stocks, Sam Stovall, George Washington Organizations: New York Stock Exchange, Nvidia, Dow Jones, Nasdaq, Microsoft, Meta, CFRA Research, Discover Financial Services, Discover, Walmart, Federal Reserve

☆ Why a rare ‘golden’ tiger photographed in India is worrying conservationists
▼ + stars: | 2024-02-15 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

But golden tigers — also known as golden tabby tigers or strawberry tigers — are not a subspecies: they’re the result of a genetic mutation that changes the color of their fur. Ramnarayanan spotted the golden tiger, which came within 100 meters of the group, while guiding a safari in the wildlife reserve. The big cat is one of four "golden" tigers in Kaziranga, according to the park's official social media. If Kaziranga’s tiger population becomes more isolated, issues like inbreeding will threaten the population, said Sharma in his post on X. For photographer Ramnarayanan, Kaziranga’s golden tiger was his first sighting of these unusually colored big cats.

Persons: Gaurav Ramnarayanan, Ramnarayanan, “ I’ve, —, Uma Ramakrishnan, There’s, ”, that’s, Gaurav, Mayuresh Hendre, Rabindra Sharma, Sharma, Kota Ullas Organizations: CNN, UNESCO, Heritage, National Center for Biological Sciences, Centre for Wildlife Studies Locations: India’s, Assam, Kaziranga, Mumbai, ”, India

☆ A Columbia Surgeon’s Study Was Pulled. He Kept Publishing Flawed Data.
▼ + stars: | 2024-02-15 | by ( Benjamin Mueller | ) www.nytimes.com time to read: +1 min

The stomach cancer study was shot through with suspicious data. Photos of tumor-stricken mice, used to show that a drug reduced cancer growth, had been featured in two previous papers describing other treatments. The study was then wiped from the internet, leaving behind a barren web page that said nothing about the reasons for its removal. As it turned out, the flawed study was part of a pattern. A medical journal retracted one of them this month after inquiries from The New York Times.

Persons: Dr, Sam S, Yoon, — Organizations: Columbia, New York Times Locations: British

☆ See what celebrities wore to New York Fashion Week
▼ + stars: | 2024-02-13 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

CNN —New York Fashion Week is back, with celebrities seen sitting front row at shows across Manhattan and Brooklyn and arriving at private parties for luxury houses including Gucci and Yves Saint Laurent. Jamie McCarthy/Getty Images for Christian SirianoJodie Turner-Smith arrives at a private Gucci party. Gilbert Carrasquillo/GC Images/Getty ImagesJessica Chastain at a private Gucci party on Saturday. Dimitrios Kambouris/WireImage/Getty ImagesElliot Page arrives at a private Gucci party. Theo Wargo/Getty Images for NYFW: The ShowsIris Apatow at a private Gucci party on Saturday.

Persons: Gucci, Yves Saint Laurent, Tommy Hilfiger’s, Sofia Richie Grainge, Becky G, Willy Chavarria’s, Sam Smith, Julia Fox, Jessica Chastain, Jodie, Turner Smith, Demi Moore, Elliot Page, Nicola Peltz Beckham, Joe Biden’s, Ashley Biden, Kamala Harris ’, Ella Emhoff, Sophia Bush, J . Smith, Cameron, Philipps, Melanie Lynskey, Alicia Silverstone, Ashlee Simpson, Christian Siriano's, Jamie McCarthy, Christian, Jodie Turner, Smith, Gilbert Carrasquillo, Dascha Polanco, Willy Chavarria's, Roy Rochlin, Debbie Harry, Jason Mendez, Willy Chavarria, Amanda Lepore, Tommy Dorfman, Natasha Lyonne, Annabelle Dexter, Jones, Chanel, Dimitrios Kambouris, Camila Mendes, Ariana Greenblatt, Gilbert Flores, Storm Reid, Jackie Aina, Udo Salters, Cowan, Sarah Desjardins, Christian Cowan, Joel Kim Booster, Anna Wintour, Diane Kruger, Carolina Herrera, Charly Triballeau, Olivia Jade, Noah Beck, Louisa Jacobson, Misty Copeland, Jaimie Alexander, Jason Wu, Molly Ringwald, Helmut Lang, Jed Cullen, Dave Benett, Jeremy O, Harris, Stephanie Hsu, Phillip Lim, Arturo Holmes, Bella Thorne, Theo Wargo, Iris Apatow, Katie Holmes, Ulla Johnson, Manny Carabel, Jemima Kirke, Trullie Organizations: CNN, New York, Central, Brooklyn, Christian, Gucci, Bach, Getty, Harmonie Club, Carolina, Beauty Brooklyn Locations: Manhattan, Brooklyn, AFP, Zsela

☆ Chili for the Championship
▼ + stars: | 2024-02-11 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Many will make chili (above) today, one of the great foods of National Football League cuisine, up there with wings and nachos. Ali Slagle’s recipe is top-drawer: deep in flavor, spice and smokiness, and fairly easy to prepare. Make it with whatever meat you like — so long as it’s decently fatty, to bring out the taste of the aromatics. Chili’s a good way to guarantee a win during the Super Bowl, whichever team you’re rooting for. Bryan laughed when I said that and told me it was just fine to substitute a commercial browning sauce instead — something like Kitchen Bouquet, available in most grocery stores.

Persons: Ali Slagle’s, Chili’s, Darian Bryan, Velma Hawthorne, Bryan Organizations: National Football League Locations: Jamaica, New York

☆ The Founding Father of a New American Style
▼ + stars: | 2024-02-10 | by ( Vanessa Friedman | ) www.nytimes.com time to read: +1 min

An old warehouse was bathed in a red light, and there were roses on every chair. Julia Fox, wearing a lavish white robe, Vermeer hat and not much else, chatted to Amanda Lepore and Sam Smith. Then a screen came down on a black velvet curtain and a short film started to play. Even if it’s just making clothes — as long as they aren’t just clothes. That has been the mantra for long enough, set to the tune of whispering cashmere.

Persons: Willy Chavarria, Julia Fox, Vermeer, Amanda Lepore, Sam Smith, hasn’t, it’s Organizations: New York Locations: Greenpoint , Brooklyn

☆ S&P 500 closes above key 5,000 level for first time
▼ + stars: | 2024-02-09 | by ( Nicole Goodkind | Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —The S&P 500 closed above the 5,000 level on Friday for the first time as bullish sentiment spreads across Wall Street and investors cheered fresh data showing progress on inflation. The S&P 500 briefly topped 5,000 for the first time intraday on Thursday. It took almost 41 years for the S&P 500 to reach its first major milestone of 1,000, which it hit on February 2, 1998, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. When the S&P 500 sets a new high in January, found Sam Stovall at CFRA Research, it reaches new highs in February about 75% of the time. The S&P 500 is up about 5.4% so far this year.

Persons: Howard Silverblatt, Dow, Sam Stovall, ”, Scott Wren Organizations: New, New York CNN, Federal Reserve, Dow Jones, CFRA Research, Fed, Big Tech, Nvidia, Microsoft, Meta, Wells Fargo Investment Institute Locations: New York, Wells Fargo

“It’s been an issue in North Dakota, it’s been an issue nationally,” said measure chairman Jared Hendrix, who led a successful 2022 initiative that set term limits for North Dakota’s governor and Legislature. In a 1995 congressional term limits case, the court ruled that states cannot set qualifications for Congress beyond those listed in the U.S. Constitution. Backers of the North Dakota measure filed a federal lawsuit last year, challenging the state's constitutional provisions and laws against out-of-state petition circulators. Term Limits. Term Limits National Field Director Scott Tillman helped Hendrix carry boxes of petitions into the secretary’s office on Friday.

Persons: “ It’s, it’s, ”, Jared Hendrix, “, Democratic Sen, Quentin Burdick, Mark Jendrysik, Mitchell, Jason Marisam, Marisam, Clarence Thomas, ” Marisam, Republican Sen, John Hoeven, U.S . Sen, Dianne Feinstein, Mitch McConnell, Joe Biden, Robert Hur, Nikki Haley, Biden, Donald Trump, Scott Tillman, Hendrix, ” Tillman Organizations: N.D, U.S . Senate, U.S . Constitution, North, U.S . House, Representatives, Democratic, University of North, U.S, Supreme, Mitchell Hamline School, Law, Republican, U.S ., “ Locations: BISMARCK, North Dakota, U.S ., U.S, Dakota, University of North Dakota, Texas, North

☆ Havana waves and high winds hurl jellyfish and seaweed into the streets
▼ + stars: | 2024-02-07 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

CNN —An unusually strong cold front slammed Cuba’s north coast on Tuesday, with white-capped waves flooding streets with seawater, causing scattered power outages and littering the capital Havana with blowing trash and downed branches. People navigate through a flooded street on a raft in Havana, on February 6, 2024. Yamil Lage/AFP/Getty ImagesAt dawn, the water flowed through some city streets like coastal rivers, moving jellyfish, seaweed and flotsam several blocks landward. “The climate has changed.”Havana, a coastal city built centuries ago on the Gulf of Mexico, is particularly vulnerable to rising sea levels and strengthening storms brought on by human-caused climate change, scientists and city planners have said. Rising sea levels threaten some coastal cities like Havana and could completely wipe from the map low-lying states in parts of the South Pacific Ocean.

Persons: Yamil Lage, ”, Jaqueline Dalardes Organizations: CNN, Getty, UN Locations: Havana, Florida, Cuba, AFP, of Mexico

☆ Best red carpet looks at the 2024 Grammys
▼ + stars: | 2024-02-05 | by ( Christy Choi | ) edition.cnn.com time to read: +2 min

While we’ve seen floral and black gowns take center stage on this year’s red carpets, the Grammys are known for showcasing bolder, more theatrical fashion. And who could forget Kim Petras and Sam Smith’s bold red ensembles which matched those of their entourage. Jordan Strauss/Invision/APThankGod4Cody Kayla Oaddams/WireImage/Getty ImagesVictoria Monét looked statuesque in a structured copper mermaid dress by Versace and a Bulgari Serpenti necklace. “I feel a bit (of) Joan of Arc energy in it,” she said during the official red carpet pre-show. The singer completed the look with Tiffany & Co jewelry, including a stunning necklace featuring rubellites, diamonds and an orange sapphire.

Persons: Taylor Swift, ”, Gaurav Gupta, Kim Petras, Sam Smith’s, Caroline Polachek Matt Winkelmeyer, Calvin Harris Jordan Strauss, Jessica Betts, Niecy Nash Jordan Strauss, Kat Graham Matt Winkelmeyer, Miley Cyrus Frazer Harrison, Landon Barker Stewart Cook, Kayla Oaddams, Lauren Daigle Gilbert Flores, Billie Eilish Francis Specker, CBS Entertainment Paty Cantu Jordan Strauss, Paris Jackson Matt Winkelmeyer, Danity Kane, Dawn Richard, Gilbert Flores, Noah Kahan Jordan Strauss, Phoebe Bridgers, Lucy Dacus, Julien Baker of, Thom Browne, Jordan Strauss, Monét, Versace, Neilson Barnard, Jacob Collier Frazer Harrison, Joan of, Tiffany, Kevin Mazur Organizations: CNN, Getty, CBS, CBS Entertainment, Dua Locations: Los Angeles, Dua Lipa

☆ Gingery Longevity Noodles to Make Again and Again
▼ + stars: | 2024-02-04 | by ( Sam Sifton | ) www.nytimes.com time to read: 1 min

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Organizations: The

The pending perjury trial of three retired Philadelphia police detectives could prove an exception, if they themselves are not cleared by alleged mistakes by District Attorney Larry Krasner’s office. Former detectives Martin Devlin, Manuel Santiago and Frank Jastrzembski have asked a judge to dismiss the case. That trial testimony was still fair game when Krasner, a civil rights lawyer focused on criminal justice reform, took office in 2018. He charged the Wright detectives in 2021, days before the five-year deadline expired. Last year, a mistake by prosecutors sank a police perjury case in Manhattan, when a judge halted the trial over their failure to turn over evidence to the defense.

Persons: Larry Krasner’s, Martin Devlin, Manuel Santiago, Frank Jastrzembski, Krasner, exoneree Anthony Wright, Wright, Krasner's, Sam Silver, Devlin, —, acquitting, Santiago, “ We’re, we’re, ”, Alan J, Tauber, There's, Marissa Bluestine, “, Bluestine, Maurice Possley, Lucretia Clemons, Brian McMonagle, ” Santiago Organizations: PHILADELPHIA, Philadelphia, nab, New, National, Pennsylvania Innocence, Quattrone Center, Fair Administration, Justice, University of Pennsylvania, Philadelphia Inquirer Locations: U.S, New Jersey, Jastrzembski, Philadelphia, Pennsylvania, Manhattan

☆ A look at how stocks perform before and after the Fed's first rate cut — and how it may be different this time
▼ + stars: | 2024-01-31 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

How markets perform after the first Fed rate cut may be more complicated this time than investors expect. The S & P 500 rose just 3.5% in 2007 before collapsing 38% in 2008. A year after the Fed cut rates in 2019, the Covid-19 pandemic weighed on markets. How stocks perform will be especially important as Wall Street assesses when the central bank will cut rates. Markets are currently pricing in a 46% likelihood the Fed will cut rates by a quarter percentage point at its March meeting.

Persons: Ned Davis, Ed Clissold, Sam Stovall, Bear Stearns, Lehman, Stovall Organizations: Federal Reserve, Fed, Dow Jones, Ned Davis Research, Dow, Ned, CFRA Research, Storm, Lehman Brothers Locations: U.S, Iraq, Kuwait

☆ Modi's Party Set to Bring Contentious Common Civil Laws in India Through States
▼ + stars: | 2024-01-31 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Framing a national common law has been one of the three core, decades-old promises of Modi's Bhartiya Janta Party (BJP). The northern state of Uttarakhand, nestled in the Himalayan foothills, is expected to unveil a Uniform Civil Code (UCC) bill next week, officials said. A committee set up in Uttarakhand in 2022 to draft the code will submit its work to the state government on Friday. "Several state governments across India are looking at whether a uniform civil code could be implemented," Nalin Kohli, a national BJP spokesperson said. Personal laws can be legislated by both federal and state governments, and other BJP-ruled states have said they could use the Uttarakhand UCC draft as a template.

Persons: Krishn Kaushik, Rupam Jain, Saurabh Sharma, Narendra Modi's, Modi's, Asaduddin Owaisi, Nalin Kohli, Pushkar Singh Dhami, Ram, Biswa Sarma, Keshav Prasad Maurya, Sumit Khanna, Jatindra, Lincoln Organizations: Saurabh Sharma NEW DELHI, Janta Party, BJP, UCC, Kashmir, Uttarakhand UCC, Reuters Locations: Indian, Jammu, Kashmir, Uttarakhand, India, Assam, Uttar Pradesh, New Delhi, Lucknow, Ahmedabad, Bhubaneshwar

☆ Walmart's stock split only shows how rare they've become in the past 20 years
▼ + stars: | 2024-01-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Walmart 's decision to split its stock 3-for-1 has revived an old debate: when is the right time to split a stock? There's no clear answer to this, but one fact is clear: stock splits are far less common than 20 or 30 years ago. That's likely because the institutional base for stock ownership has come to dominate the market. What effect does a stock split have on trading? More than 400,000 associates participate in Walmart's Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deductions and provides a 15% company match on the first $1,800 each year."

Persons: Sam Walton, Doug McMillon, Sam Organizations: Walmart, Institutional, Palo Alto Networks, Nvidia, Apple

☆ Nasdaq 100 futures slide, Alphabet shares drop after results: Live updates
▼ + stars: | 2024-01-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Futures tied to the tech-heavy Nasdaq 100 fell Tuesday night after a pair of mega-cap tech companies posted their quarterly results. Futures tied to the S&P 500 were down 0.4%, while Dow Jones Industrial Average futures traded near the flatline. In after-hours trading, shares of Alphabet dropped 5.3%, while Microsoft shed 0.3% after the tech giants posted quarterly earnings. The fed funds futures market has priced in a nearly 98% probability that the central bank will leave rates unchanged, according to the CME FedWatch tool. Chipmaker Qualcomm is scheduled to announce its quarterly earnings after the close.

Persons: Sam Stovall, —, Stovall, Dow, Jerome Powell's Organizations: New York Stock Exchange, Nasdaq, Federal, Dow Jones Industrial, Microsoft, Fed, Dow, Boeing, Qualcomm Locations: New York City, U.S

☆ Wall Street is on pace to finish January higher. Why that could be good news for the rest of the year
▼ + stars: | 2024-01-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

That's according to the "January barometer" from the "Stock Trader's Almanac," which argues that "as the S & P 500 goes in January, so goes the rest of the year." The S & P 500 has managed to trade above the 4,900 level already this month and is currently up 3.3% in the new year. That's enough to put the broad market index trading above Wall Street strategists' average 2024 target of 4,914, according to the CNBC PRO Market Strategist Survey. .SPX YTD mountain S & P 500 in 2024 Election Year Notably, 2024 is a U.S. presidential election year. By comparison, the S & P 500 typically gains 15% in those years with a higher January.

Persons: Stocks, Stephen Suttmeier, Suttmeier, Sam Stovall, Outperformers, Dow, Stovall, What's, — CNBC's Michael Bloom Organizations: Dow Jones Industrial, Nasdaq, Wall, CNBC, Market, Survey, Bank of America, Dow Jones Locations: U.S

☆ Israeli Forces Kill a Hamas Commander Inside a West Bank Hospital, Military Says
▼ + stars: | 2024-01-30 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +2 min

Israeli forces stormed a Palestinian hospital in the occupied West Bank early Tuesday morning, killing three militants, including a commander in Hamas, according to the Israeli military and Palestinian officials. They then went to the room where the Hamas commander, Mohammad Jalamneh, 27, was staying with two friends, and shot all three dead, Mr. Sbeihat said. The Israeli military said all three had been involved in militant activity, including attacks against Israelis. One of the men accompanying him, Basil Ghazawi, was being treated in the hospital’s rehabilitation ward, Mr. Sbeihat said. More than 2,960 Palestinians have been arrested since the beginning of the war in near-daily raids, according to the Israeli military.

Persons: Wisam Sbeihat, Mohammad Jalamneh, Sbeihat, “, Jalamneh, Jihad, — Mohammad, Basil Ghazawi —, Basil Ghazawi, Mohammed Ghazawi, Israel Organizations: West Bank, Ibn Sina, Hospital, Palestinian Authority Health Ministry, Al, Brigades, Palestinian, United Nations Locations: Jenin, Wisam, West Bank, Palestinian, Gaza, East Jerusalem, Israel

☆ Plush, Perfumed Pepperpot
▼ + stars: | 2024-01-28 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

Two or three clicks on the laptop and the mail carrier soon brought me a few pounds of the Provel cheese necessary to make it. Today’s shopping: cassareep, a Guyanese syrup of boiled cassava root, savory-sweet, like a cross between molasses and Worcestershire sauce. It’s a crucial ingredient in one of Guyana’s most beloved dishes, pepperpot (above), which Millie Peartree brought to New York Times Cooking this week. Of course you can buy cassareep online, but if there’s a Caribbean market where you are, it’s most likely stocked there as well. Browned into beef chuck, it makes for a lovely stew: spicy, fragrant, slightly sweet and sticky.

Persons: Louis, Millie Peartree, there’s Organizations: The New York Times, Lambert, New York Times Locations: Guyanese, Worcestershire, Caribbean

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