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☆ Global Stock Market Chaos
▼ + stars: | 2024-08-06 | by ( Ben Casselman | ) www.nytimes.com time to read: +1 min

Markets around the globe fell sharply; the S&P 500 index was down 3 percent. Stock markets are fickle, and their movements can’t tell you much about the health of the economy. But yesterday’s tumult reflects an underlying reality: The job market is cooling. Now, the unemployment rate, at 4.3 percent, is basically back to normal. By April 2020, the unemployment rate — which had been at a five-decade low of 3.5 percent — jumped to nearly 15 percent.

Persons: Covid Organizations: Stock

☆ Tech had a rough day. But don’t call it a dot-com meltdown moment yet
▼ + stars: | 2024-08-06 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

On Monday afternoon, a federal judge ruled that Google violated US antitrust law with its search business. And despite yesterday’s decline, which already appears to have begun reversing, shares of Apple, Amazon, Microsoft, Meta, Google and Nvidia all remain up strongly year-to-date. Anything that threatens its market share could also put that core business — already facing competitive threats from emerging AI tools — at risk. It could also embolden lawmakers who have been looking to crack down further on the power of Big Tech. “This ruling will inspire short-term confidence for DuckDuckGo, Yahoo and other Google Search competitors.

Persons: New York CNN — It’s, “, Charlie Miner, ” Miner, Angelo Zino, ” Zino, they’re, it’s, ” Sen, Amy Klobuchar, ” Organizations: New, New York CNN, P Global, Investors, Google, US Federal Reserve, Big Tech, CNN, Research, Apple, Microsoft, Meta, Amazon, Nvidia, Tech, Yahoo Locations: New York, Google’s

☆ Dow dives more than 800 points after July jobs report misses expectations
▼ + stars: | 2024-08-02 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

New York CNN —Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. Stocks have also whipsawed in recent days as investors also digested the Federal Reserve’s July policy meetings and Big Tech earnings reports. Big Tech earningsInvestors have also parsed a mixed bag of Big Tech earnings this week. Shares of Apple, which reported in-line earnings but missed sales expectations Thursday evening, are up 2.1%. Investors have in recent weeks moved out of the Magnificent Seven tech stocks that powered the market to repeated record highs this year.

Persons: Stocks, Dow, That’s, ”, David Russell, Jerome Powell, ” Powell Organizations: New, New York CNN, Nasdaq, of Labor Statistics, Institute for Supply Management, Big Tech, Federal Reserve, Microsoft, Apple, Amazon, Meta, Intel Locations: New York, tamping

☆ Southport stabbing attack: What we know about one of the UK’s worst knife attacks on children
▼ + stars: | 2024-07-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +4 min

CNN —The United Kingdom was left shaken after three children were stabbed to death and eight others were injured in a knife attack in Southport, in one of the worst assaults against children in the country in decades. The attack took place at a Taylor Swift themed event at a dance school in the seaside town in northwest England, sparking disbelief over why would anyone target children having fun during the summer holiday. Worst mass stabbing attack against kidsThe incident on Monday is the worst mass stabbing attack targeting children in the UK in decades – and possibly ever. And 16 children aged between 5 and 6 were murdered in a school shooting in the Scottish town of Dunblane in 1996. Police officers near the scene of a knife attack in Hart Street, Southport on Tuesday, July 30, 2024.

Persons: Taylor Swift, Keir Starmer, ”, King Charles III, “, Taylor, Yvette Cooper, James Speakman, –, Constable Serena Kennedy, Ariana Grande, Colin Parry, ” Parry, ” Swift Organizations: CNN, Merseyside Police, Southport, Merseyside Police’s, Office, National Statistics, Police, PA Media Locations: United Kingdom, Southport, England, Merseyside, Banks, Lancashire, Cardiff, Wales, London, Manchester, Scottish, Dunblane, Britain, Hart Street, America, Instagram

☆ Southport Stabbing: What We Know About the U.K. Knife Attack and Suspect
▼ + stars: | 2024-07-30 | by ( Lynsey Chutel | ) www.nytimes.com time to read: +1 min

A third child has died after a knife attack in Southport, England, and five children and two adults remain in a critical condition, the police said on Tuesday. The attack, which the local police chief, Serena Kennedy, described as “ferocious,” took place at a Taylor Swift-themed dance class for children age 6 to 11. A 17-year-old boy was arrested and is being questioned by the police. Swift said in a statement about the attack on Instagram that she was “completely in shock.”“The horror of yesterday’s attack in Southport is washing over me continuously,” she wrote, adding: “The loss of life and innocence, and the horrendous trauma inflicted on everyone who was there, the families, and first responders. These were just little kids at a dance class.”

Persons: Serena Kennedy, ”, Taylor Swift, Swift, “ Locations: Southport , England, Southport

☆ Southport stabbing: Taylor Swift ‘in shock’ after rampage at dance class
▼ + stars: | 2024-07-30 | by ( Rob Picheta | Jessie Gretener | ) edition.cnn.com time to read: +2 min

CNN —Taylor Swift has said she is “completely in shock” after a stabbing attack at a dance class celebrating the US singer’s music in Southport, England left two children dead and others injured. “I am at a complete loss for how to ever convey my sympathies to these families,” Swift wrote in her Instagram post. Merseyside Police’s Chief Constable Serena Kennedy said six of the injured children are in critical condition and the attack also left two adults in critical condition. Kennedy added that police understand the attacker walked into the premises armed with a knife and started to attack the children. King Charles III and his wife, Queen Camilla also they were “profoundly shocked” by the incident on Monday.

Persons: CNN — Taylor Swift, “, ” Swift, Constable Serena Kennedy, Kennedy, ”, King Charles III, Queen Camilla, ” King Charles, Keir Starmer Organizations: CNN, Merseyside Police’s Locations: Southport, England, Britain, Merseyside, ”

☆ Nations Denounce Venezuelan Election, Demanding Transparency
▼ + stars: | 2024-07-29 | by ( Frances Robles | ) www.nytimes.com time to read: 1 min

The United States and countries around the world denounced the results of Venezuela’s presidential election, in which the incumbent, Nicolás Maduro, declared victory in the face of accusations of widespread fraud. Notably, Luiz Inácio Lula da Silva, the president of Brazil and a longtime leader within the region’s leftist movement, released a cautious statement that did not congratulate the president on his win. “The Brazilian government welcomes the peaceful nature of yesterday’s elections in Venezuela and is following the counting process closely,” Mr. Lula said in the statement. “In this context, it awaits the publication by the National Electoral Council of data broken down by polling station, an indispensable step for the transparency, credibility and legitimacy of the election result.”

Persons: Nicolás Maduro, Luiz Inácio Lula da Silva, “, ” Mr, Lula, ” Organizations: National Electoral Locations: States, Brazil, Venezuela

☆ Trump Workshops Jabs at Harris, but Nothing Plays Like the Classics
▼ + stars: | 2024-07-25 | by ( Shawn Mccreesh | ) www.nytimes.com time to read: +1 min

Yesterday’s rally was former President Donald J. Trump’s first since President Biden, an 81-year old white man, dropped out and Vice President Kamala Harris, a 59-year-old Black woman, stepped up. Just how would Mr. Trump proceed? His campaign tried projecting confidence about the switch, even as Ms. Harris had come out swinging, raising $81 million in the first 24 hours and hijacking the media spotlight. Before Mr. Trump took the stage at the Bojangles Coliseum, his spokesman, Steven Cheung, dropped by the reporters’ pen to assure everyone that the Trump campaign was totally, definitely not freaking out about any of this. Was the Trump campaign unnerved by how much money Ms. Harris had already raised?

Persons: Donald J, Trump’s, Biden, Kamala Harris, Trump, Harris, Steven Cheung, ” blared, ” Organizations: Bojangles Coliseum

☆ Airlines and Passengers Still Struggling, a Day After Global Outage
▼ + stars: | 2024-07-20 | by ( Christine Chung | Derek M. Norman | ) www.nytimes.com time to read: +1 min

A day after a tech outage disrupted industries worldwide, airlines are digging themselves out from the fallout of thousands of delayed and canceled flights that have left travelers stranded and searching to find a way home over the weekend. On Saturday morning, delays and cancellations had ebbed, and both domestic and international airlines said they expected to return to near normal operations. But higher than usual cancellation rates are still likely throughout the day, as airlines continue to maneuver planes and their flight crews back into position. Yesterday’s software outages immobilized airlines, affecting numerous functions, including calculating aircraft weight, checking in and communicating with travelers. The waits stacked up for passengers, and some were left with no option other than to sleep at airports.

Persons: Grace Aldrin Organizations: La Guardia Locations: New York, Chicago

☆ America’s Unstable Politics
▼ + stars: | 2024-07-19 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

American politics was more stable for the past half-century than it had been for most of the country’s history. But yesterday’s remarkable events — in both Washington and Milwaukee, among both Democrats and Republicans — showed how unstable our politics have become. Biden himself has begun to accept the idea that he may have to drop out of the race, people close to him told The Times. Trump gave a speech that was both personal and rambling and that highlighted how different he is from any other recent president. He also demonstrated how he transformed the party over the past decade into a populist-sounding, antiwar, immigration-skeptical movement that Ronald Reagan would hardly recognize.

Persons: Republicans —, Biden, Donald Trump, Trump, Ronald Reagan Organizations: Republicans, Democratic Party, Times Locations: Washington, Milwaukee, New York

☆ Opinion: We built our world for a climate that no longer exists
▼ + stars: | 2024-07-12 | by ( Opinion Jeff Goodell | ) edition.cnn.com time to read: +7 min

But it’s evidence of one of the central truths of our time, and one that is becoming more and more apparent every day: We have built our world for a climate that no longer exists. But less than two months earlier, a sudden windstorm in the city blacked out electricity for more than a million people. How many blackouts will it take before we realize today’s power grid was built for yesterday’s climate? One clear example: the incredible decline in the cost of renewable power in recent years. In virtually every part of the world, electricity generated by renewable power is cheaper than electricity generated by fossil fuels.

Persons: Jeff Goodell, Read, – wouldn’t, Firefighters, Hurricane Beryl, Ethan Swope, I’ve, Andreas Solaro, –, ”, Rafiq Maqbool Organizations: CNN, Big Oil, Hurricane, AP, Nature Medicine, Big, Toyota, GM, Kodak, Getty Locations: Manhattan, New York City, Houston, Big, Oroville , California, California, Palm Springs, London, Paris, Madrid, Europe, Phoenix, Saudi Arabia, Rome's, AFP, Texas, Mecca

☆ Uruguay 0-1 Colombia takeaways: Argentina await Colombia in the final, Munoz sent off
▼ + stars: | 2024-07-10 | by ( Jack Lang | Stuart James | ) www.nytimes.com time to read: +8 min

After an absorbing encounter in Charlotte, North Carolina, it was Colombia who emerged to earn a meeting against defending champions Argentina in the Copa America final in Miami on Sunday. The spotlight was on Lionel Messi before this Copa America but Rodriguez, who turns 33 on Friday, has stolen the show. Stuart JamesA quintessential Copa America game? This was Copa America football — South American football — at its bewitching best, witnessed and enhanced by a crowd so fervently Colombian that we may as well have been in Medellin. Ugarte had ‘played’ Munoz, and Colombia knew that the balance of the game had totally shifted.

Persons: Jefferson Lerma, Daniel Munoz, elbowing Manuel Ugarte, Nestor Lorenzo’s, Uruguay’s Darwin Nunez, Jack Lang, Stuart James, Colombia’s, Nestor Lorenzo, James Rodriguez, Rodriguez, Lionel Messi, Timothy A, Clary, Messi, Stuart James A, Luis Diaz, dervish, Rodrigo Bentancur, Munoz, Luis Suarez, Tim Nwachukwu, Richard Rios, Rios, Mateus Uribe, Jack Lang Daniel Munoz’s, Manuel Ugarte, Darwin Nunez, Ugarte, gesturing, ‘, ’ Munoz, Stuart James Oh, Marcelo Bielsa’s, Edinson Cavani, you’ve, Nunez, Nicolas de la Cruz, Fede Valverde, Nunez’s, Chandan Khanna, shanking —, Davinson Sanchez, clobbered, La Celeste, Omar Vega, Jack Lang What’s Organizations: Argentina, Copa America, Colombia …, …, America, Getty Images, Copa America football — South, Football, Getty, La, Liverpool, Canada, Bank of America Locations: Charlotte , North Carolina, Colombia, Miami, Uruguay, Colombia … Argentina, … Argentina, Argentina, Copa America, Colombian, Medellin, Miami Gardens , Florida, Charlotte, North Carolina

☆ Spain 2 France 1: A semi-final for the ages as Yamal makes history with wondergoal – The Briefing
▼ + stars: | 2024-07-09 | by ( Dermot Corrigan | Liam Tharme | ) www.nytimes.com time to read: +13 min

Spain are the first nation through to the Euro 2024 final after beating France 2-1 in Munich. Spain are back in their first big tournament final since the golden generation which dominated from 2008 to 2012. Yamal celebrates with the Spain bench (Alex Livesey/Getty Images)Dermot CorriganFrance’s attack misfires againFor the first time, a Frenchman scored from open play for France. Despite their attacking options, including Dembele, Mbappe, Kolo Muani plus Bradley Barcola, Antoine Griezmann and Giroud from the bench, they could not summon a cutting edge. Their goalscorers were from the penalty spot, an own goal or Kolo Muani.

Persons: Didier Deschamps ’, Randal Kolo, Yamal, Dani Olmo, Olivier Giroud —, Liam Tharme, Dermot Corrigan, Peter Rutzler, Phil Hay, Luis de la, Fabian Ruiz, Nico Williams, Lamine Yamal, Alvaro Morata, Alex Pantling –, —, Germany’s, Kolo Muani’s, — Williams, Kolo Muani, Germain, Ousmane Dembele, William Saliba’s, Aurelien, Jules Kounde, Liam Tharme Yamal, Adrien Rabiot, ”, Jesus Navas, Mike Maignan, despairingly, Dan Mullan, He’s, Alex Livesey, Dermot Corrigan France’s, misfires, Frenchman, Kolo, Bradley Barcola, Antoine Griezmann, Mbappe, Didier Deschamps, Justin Setterfield, Dani Vivian, Dembele, Deschamps, Deschamps ’, Matthias Hangst, Peter Rutzler Morata, Vivian ., Morata, Alex Brodie Organizations: France, Copa, The Athletic FC, La, Alex Pantling – UEFA, UEFA, Getty, Nations League, Paris Saint, PSG, Germany, Georgia, yesterday’s, Portugal, Mbappe, Morata Locations: Spain, Munich, ’, France, Berlin, Europe, Copa America, England, Netherlands, Paris, Mbappe, Jesus, Spanish, Belgium

Families who lost loved ones in the Robb Elementary School shooting in Uvalde, Texas, said the Thursday arrest of former school district police chief Pete Arredondo is not a “happy moment” and are calling for more indictments. Arredondo, 52, was arrested on an indictment charging him with 10 counts of abandoning/endangering a child in connection with the May 24, 2022, school shooting that killed 19 children and two teachers. Those 10 counts are in connection with schoolchildren who survived the shooting, but experienced delays in receiving care and protection. A second officer was also indicted on multiple similar charges, according to a parent of one of the slain children, who asked not to be identified. He said the charges were a good step, calling it “a very emotional day for me.”“I don’t think it’s enough,” he said.

Persons: Pete Arredondo, Berlinda Arreola, Amerie Jo Garza, “, ”, Arreola, Jesse Rizo, Cazares, ” Kimberly Rubio, Alexandria “ Lexi ” Aniyah Rubio, it’ll, didn’t, ” “, ” Rubio, Brett Cross, Uziyah Garcia, Marjory Stoneman Organizations: Robb Elementary School, Justice, NBC, Marjory Stoneman Douglas High School, ” Locations: Uvalde , Texas, Alexandria, Parkland , Florida, Uvalde

☆ Protest outside New York exhibition on those killed at Israel music festival was ‘really heartbreaking,’ spokesperson says
▼ + stars: | 2024-06-12 | by ( Zenebou Sylla | ) edition.cnn.com time to read: +4 min

CNN —A Monday night demonstration outside an exhibition that pays tribute to those killed at an Israeli music festival last year is “really heartbreaking for everyone involved,” an exhibition spokesperson says. “It was pretty surreal that this protest took place outside of exhibition commemorating hundreds of lives of people that were lost,” the spokesperson, Michelle Rojas, told CNN Monday. The exhibition commemorates those killed at the Nova Music Festival in Israel during the October 7 attacks by Hamas. The protest was part of a “Citywide Day of Rage for Gaza,” in which pro-Palestinian protesters demonstrated outside museums across New York City on Monday. Multiple protesters were taken into custody, and 23 were released with criminal court summons, according to the New York City Police Department.

Persons: ”, Michelle Rojas, Israel, Eric Adams, “, ” Adams, Andrew Bates, Bates, Biden, Rojas, ” Rojas Organizations: CNN, Nova Music, Brooklyn Museum, Hamas, New York City Police Department, New, New York City, Yorker, Nova, NYPD, House, Holocaust Locations: Israel, Gaza, ”, New York City, New York, York, United States

☆ Austrian Airlines plane badly damaged by hailstorm during flight
▼ + stars: | 2024-06-10 | by ( Stephanie Halasz | ) edition.cnn.com time to read: +1 min

CNN —An Austrian Airlines plane was badly damaged by hail when the airborne jet hit a “thunderstorm cell” Sunday, Austrian Airlines said. A storm cell is an air mass that contains up and down drafts, which can cause turbulence when a plane encounters one. A mayday emergency call was made during the flight, says Austrian. exithamster/X“Airbus A320 aircraft was damaged by hail on yesterday’s flight OS434 from Palma de Mallorca to Vienna. It follows an incident last month upon Singapore Airlines flight SQ321 when a passenger died and more than 70 were injured after the plane hit severe turbulence.

Persons: “ Organizations: CNN, Austrian Airlines, Palma de Mallorca, Social, Airbus, Singapore Airlines, Qatar Airways Locations: Austrian, Palma, Spain, Vienna, Austria, Doha, Dublin

☆ Novak Djokovic out of French Open with knee injury
▼ + stars: | 2024-06-04 | by ( Matthew Futterman | ) www.nytimes.com time to read: +4 min

World No 1 Novak Djokovic has withdrawn from the French Open with a knee injury sustained in his round of 16 win against Argentine 23rd seed Francisco Cerundolo. Although Djokovic was able to get through on painkillers and adrenaline, the extent of the problem is too great for him to continue. If Djokovic chooses to undergo surgery on the tear, he would likely miss not just Wimbledon, which begins on July 1, but also the Olympic Games and US Open later this summer. Djokovic said Monday night, after another of his miraculous comebacks, that he had been experiencing pain in his right knee for several weeks. As of Tuesday evening in Paris, there was no decision yet on whether Djokovic would undergo surgery to repair the meniscus.

Persons: Novak Djokovic, Francisco Cerundolo, Roland Garros, ”, Casper Ruud, Djokovic, Ruud, Alex de Minaur, Alexander Zverev, Matthew Futterman, hasn’t, He’s, He’d Organizations: Argentine, French Tennis Federation, Norwegian, Olympic Games, Athletic, Wimbledon Locations: Serbian, Paris

☆ Novak Djokovic withdraws from the French Open with a knee injury
▼ + stars: | 2024-06-04 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Novak Djokovic has withdrawn from the French Open due to a knee injury which had plagued his fourth-round victory against Francisco Cerúndolo on Monday. Defending champion Djokovic was aiming to win his 25th grand slam singles title at Roland Garros, but pain in his right knee flared up during a bruising, five-set contest against Cerúndolo. Antonio Borga/Eurasia Sport Images/Getty ImagesAfter dominating the first set, Djokovic tweaked his knee at the start of the second and took a medical timeout. It was only near the end of the fourth set when Djokovic was able to seemingly move without pain and raise his game. “I slipped way too many times,” Djokovic told reporters.

Persons: CNN — Novak Djokovic, Francisco Cerúndolo, Djokovic, Roland Garros, “, ” Djokovic, Instagram, Cerúndolo, Lorenzo Musetti, Antonio Borga, I’ve, That’s, Norwegian Casper Ruud, Italy’s, Bulgarian Grigor Dimitrov Organizations: CNN, Cerúndolo, “, ” CNN, French, Bulgarian Locations: Serbian, Eurasia, Paris, Norwegian

☆ Patriotism, Diversity and the Election
▼ + stars: | 2024-05-30 | by ( David Leonhardt | ) www.nytimes.com time to read: +1 min

Student debt. One is the contrast between the country’s most heated political debates and the top concerns of most voters. Student debt and housing costs make for a useful comparison. Student debt, a subject that the Biden administration has emphasized, may seem like the ultimate pocketbook issue. In reality, it’s more niche: Only 18 percent of U.S. adults have any federal student debt.

Persons: Biden Organizations: Democratic Locations: Gaza, U.S

☆ Opinion: I’ve observed the Trump jury. Here’s what could be happening in deliberations
▼ + stars: | 2024-05-29 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +8 min

They are the first jury in the 235-year history of the United States to be confronted with that weighty question. The payment was made to keep her silent about allegations that she and Trump had a sexual encounter (which Trump denies) ahead of the 2016 presidential election. Merchan then offered a detailed explanation of the legal rules that the jury must apply to make those determinations. This time it was for the judge to re-read the jury instructions to them, another indicator of the care they are taking in deliberations. We will see how long their deliberations take, but this afternoon’s developments suggest that it will not be an instant process.

Persons: Norman Eisen, “, Donald Trump, ”, Juan Merchan, Donald Trump’s Manhattan, Trump, Norm Eisen, Norm Eisen Trump, Stormy Daniels, Merchan, —, David Pecker, Todd Blanche, Michael Cohen, Blanche, Pecker, Cohen, Karen McDougal, McDougal Organizations: CNN, Yorkers, National Enquirer, Trump, Twitter, Facebook Locations: American, United States, Manhattan

☆ Bruce Springsteen postpones concerts in Marseille, Prague and Milan due to ‘vocal issues’
▼ + stars: | 2024-05-26 | by ( Heather Chen | Dave Alsup | ) edition.cnn.com time to read: +1 min

CNN —Bruce Springsteen has postponed concerts in three European cities over the next two weeks due to vocal issues. The legendary rocker, 74, was due to perform with E Street Band in Marseille, Prague and Milan. He canceled two US shows in March and August over other health issues. He accepted the honor in a hoarse voice, which he attributed to an evening spent singing in the quintessentially British rain. “I’m gonna sound really weird up here because I sang in the rain all night last night,” he said in a speech.

Persons: CNN — Bruce Springsteen, Bruce, ”, “, Springsteen, Ivor Novello, Paul McCartney Organizations: CNN, Ivor Locations: Marseille, Prague, Milan, U.S.A, Philadelphia, London

☆ Jenny Nicholson breaks down Disney’s ‘Star Wars’ hotel closure
▼ + stars: | 2024-05-23 | by ( Aj Willingham | ) edition.cnn.com time to read: +6 min

Some of her most popular videos cover shows and movies like “The Vampire Diaries,” “Pirates of the Caribbean” and installments in the “Star Wars” franchise. None of them are nearly as long as her most recent video, “The Spectacular Failure of the Star Wars Hotel.”Over the course of 20 video chapters, Nicholson details her 2022 stay at the “Star Wars: Galactic Starcruiser” hotel in Orlando, Florida. The tale is likely familiar to Disney and Star Wars fans, many of whom heard about the high-dollar, high-concept hotel and its closure in 2023. The big draw of the hotel lay in what Disney marketing called an “immersive, customizable Star Wars experience” that Nicholson equated to LARPing, or live-action roleplaying. “I couldn’t care less about some dumb Star Wars hotel, but give me those 4 hours,” one X user said.

Persons: YouTuber Jenny Nicholson, ”, Nicholson, Allen J, Gen, Disney, Bob Iger, CNN’s Natasha Chen Organizations: CNN, Disney, Walt Disney, ” “ Pirates, “, Wars, Star Wars, Los Angeles Times, Star, Google, Magic, Orlando’s Walt Disney, Disney Parks, Galactic, ’ Locations: Caribbean, Orlando , Florida, Walt, Orlando’s, Anaheim, Florida

☆ Dow falls by more than 600 points as markets continue to fret about a rate cut
▼ + stars: | 2024-05-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —The Dow tumbled by more than 600 points Thursday afternoon as all three major indexes moved lower, even after AI-darling Nvidia delivered stellar quarterly earnings and announced a 10-for-1 stock split. Chipmaker Nvidia soared more than 9% as the wider market dropped lower, highlighting a lack of market breadth. The S&P 500 and Nasdaq Composite, which began the day at new intraday highs, fell by 0.8% and 0.5%, respectively. “I think we’re set up for stickier inflation.”“The bond market set the dour mood that we see across much of the market,” wrote Interactive Brokers chief strategist Steve Sosnick on Thursday. “Coming on the back of yesterday’s ‘higher for longer’ Fed Minutes, bond traders were in no mood to hear about a strengthening economy,” wrote Sosnick.

Persons: Dow, ”, Louis Navellier, Goldman Sachs, David Solomon, “ I’m, “, Steve Sosnick Organizations: New, New York CNN, Nvidia, Nasdaq, “ Tech, Navellier, NVIDIA, Federal Reserve, resurging, Boston College, Interactive Brokers, Treasury, ’, ” Boeing Locations: New York

My condolences go out to the families that lost a loved one during yesterday’s severe weather event,” Gonzalez said. Over 531,000 customers in Harris County remain without power early Saturday following the line of storms, according to PowerOutage.us. “Isolated to scattered severe thunderstorms appear possible across portions of the Southeast and Carolinas on Saturday, and parts of the Upper Midwest,” the center said. The greatest chances for severe weather are across parts of Nebraska and Kansas, with a slight level 2 of 5 risk of severe thunderstorms issued by the Storm Prediction Center. By the end of the weekend, thunderstorm chances will diminish for most of the Southeast and Mid-Atlantic, the weather service said.

Persons: Samuel Peña, Harris County Sheriff Ed Gonzalez, Gonzalez, ” Gonzalez, David J, Phillip, –, Houston Mayor John Whitmire, ” Whitmire, Logan Riely Organizations: CNN, Houston Fire, Harris County Sheriff, Authorities, CenterPoint Energy, National Weather Service, Houston Mayor, Carolinas, Storm Prediction Locations: Houston, Southeast, Gulf, Harris County, Cypress , Texas, City, Texas, Louisiana, Houston , Texas, Mexico, Carolinas, Midwest, Plains, Nebraska, Kansas

☆ Berlin senator attacked in library amid spate of violence against German politicians
▼ + stars: | 2024-05-08 | by ( Stephanie Halasz | ) edition.cnn.com time to read: +3 min

CNN —A Berlin senator was attacked while visiting a library on Tuesday, amid what appears to be an increasing trend of violence against politicians in Germany. Franziska Giffey, Berlin senator for economy, was hit over the head with a bag containing hard material as she visited the library in her district in the German capital Tuesday afternoon, the Berlin prosecutor’s office said in a statement. Giffey, a former Berlin mayor, described the moment of the attack on Instagram, saying “I suddenly felt a hard blow to my head and neck from behind. The Green party in Saxony wrote on X that its members would continue campaigning, and would not be intimidated. It also said it would support a draft law to increase legislation around protection against attacks on politicians.

Persons: Franziska Giffey, “, Chancellor Olaf Scholz’s, Giffey, ” Scholz, Ursula von der Leyen, ” Organizations: CNN, Chancellor Olaf Scholz’s Social Democratic Party, SPD, Green Locations: Berlin, Germany, Dresden, Saxony

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