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Yahoo FinanceStock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978
- Reuters
Russia repels missile attack in Rostov region, governor says
Russian air defence systems repelled a Ukrainian attack in which 10 missiles were fired at the Rostov region of southern Russia, local governor Yuri Slyusar said on Wednesday. A Ukrainian official said the attack targeted a chemical plant that supplied rocket fuel to Russia's armed forces. Andriy Kovalenko, head of Ukraine's official Centre Against Disinformation, wrote on Telegram that the attack focused on the Kamensky chemical plant "which produces rocket fuel specialising in solid fuel components for rocket engines".
- Reuters
Wall Street tumbles as Fed projects slower rate cuts next year
NEW YORK (Reuters) -Wall Street closed sharply lower on Wednesday, with the Dow falling over 1,100 points after the U.S. Federal Reserve delivered a rate cut as expected but signaled it will ease the pace of further cuts in the coming year. The Nasdaq and S&P 500 also logged their largest one-day drops in months. "Let's not forget, you tend to get knee-jerk reactions on Fed Day and then cooler heads prevail the next day," said Ryan Detrick, chief market strategist at Carson Group in Omaha.
- PA Media: Entertainment
David Jason ‘full of anticipation’ to watch Only Fools And Horses The Musical
After a four-year run on the West End, the musical comedy has returned for a UK and Ireland tour.
- People
Elton John Reveals the Special Role Lady Gaga Would Play in His Kids' Bedtime Routine When They Were Younger
The singer shares his kids Zachary, 13, and Elijah, 11, with husband David Furnish
- Investor's Business Daily
Stock Market Today: Indexes Go Bearish, Russell Plunges After Fed Signals Fewer Rate Cuts; Jabil Breaks Out (Live Coverage)
Some leaders showed strong, robust movement even as indexes fell to session on lows after the Fed signaled fewer rate cuts next year.
- The Canadian Press
Ontario college faculty in legal strike position as of Jan. 4: union
The union representing Ontario’s college faculties says it will be in a legal strike position as of Jan. 4., after saying there's been no real progress in contract negotiations.
- The Canadian Press
Senate committee to hold confirmation hearing for defense secretary nominee Hegseth on Jan 14
WASHINGTON (AP) — President-elect Donald Trump’s nominee for Secretary of Defense is expected to face his first public questioning from U.S. senators on Jan. 14.
- Bears Wire
Bears Report Card: How we graded Chicago in Week 15 loss to Vikings
The Bears lost to the Minnesota in Week 15. This is how we graded every unit after the defeat.
- Evening Standard
Southampton vs Liverpool LIVE! Carabao Cup match stream, latest score and updates today after Archer goal
Reds out to continue defence of trophy
- The Independent
Luigi Mangione to waive extradition and return to New York to face murder charges over death of UnitedHealthcare CEO
The 26-year-old was indicted on murder charges for an ‘act of terrorism’ in the killing of UnitedHealthcare CEO Brian Thompson, and will appear in court in Pennsylvania on Thursday
- People
Community Saves 20-Year-Old Blind Cat Stuck on Ice Chunk on a Frigid Lake in 'Miracle' Rescue
After his rescue, Tiki's temperature was "so low that it didn’t even register on the thermometer," animal control officials said
- Insider Monkey
Why Warner Bros. Discovery, Inc. (WBD) Is the Best News and Digital Media Stock to Buy
We recently published a list of the 12 Best News and Digital Media Stocks To Buy. In this article, we are going to look at where Warner Bros. Discovery, Inc. (NASDAQ:WBD) stands against other news and digital media stocks to buy now. American Consumers and Digital Media Digital experiences comprise a significant part of consumers’ […]
- The Independent
Arsenal vs Crystal Palace LIVE: Carabao Cup quarter-final updates as Jesus hat-trick sending Gunners through
Mikel Arteta’s team look to respond after a goalless draw against Everton
- The Canadian Press
Manhattan man pleads guilty to helping establish secret Chinese police station in NYC
NEW YORK (AP) — A Manhattan resident has pleaded guilty to helping establish a secret police station in New York City on behalf of the Chinese government.
- WWD
Scented, Not Stirred: Fragrance-centric LabSolue Bar Debuts at Magna Pars Hotel in Milan
The rooftop bar of the Martone family’s hotel will feature cocktails created by master perfumers.
- People
Bride Says Fiancé's Wish for a 400-Person Wedding ‘Makes Me Want to Crawl into a Corner and Hide’
The bride-to-be said the discomfort of such a large gathering makes her "physically ill," and maintains her wish for a smaller event is "not about the money"
- MMA Junkie
Khabib: Umar Nurmagomedov will expose 'nervous' Merab Dvalishvili at UFC 311
Khabib Nurmagomedov defends Umar Nurmagomedov's title shot at UFC 311. Nurmagomedov (18-0 MMA, 6-0 UFC) challenges bantamweight champion Merab Dvalishvili (18-4 MMA, 11-2 UFC) in the Jan. 18 co-main event (ESPN+ pay-per-view, ESPN, E
- Associated Press Finance
How major US stock indexes fared Wednesday, 12/18/2024
U.S. stocks sank to their second-worst loss of the year after the Federal Reserve signaled that it may deliver fewer interest rates cuts in 2025 than earlier thought. The Dow Jones Industrial Average sank more than 1,100 points, and the Nasdaq composite dropped 3.6%. The Nasdaq composite fell 716.37 points, or 3.6%, to 19,392.69.
- Yahoo Life Shopping
Drew Barrymore used this $25 roasting pan from Walmart to successfully cook a turkey
Cooking up a Christmas feast? Roast some chicken, veggies and more with this affordable pick from the star's Beautiful collection.