The S&P 500 climbed 0.6% to top the all-time high it set a couple weeks ago. The Dow Jones Industrial Average added 123 points, or 0.3%, to its own record set the day before, while the Nasdaq composite gained 0.6% as Microsoft and Big Tech led the way. Stock markets abroad mostly fell after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China once he takes office. But the movements were mostly modest. Stock indexes were down 0.1% in Shanghai and nearly flat in Hong Kong, while Canada’s main index edged down by less than 0.1%. Trump has often praised the use of tariffs , but investors are weighing whether his latest threat will actually become policy or is just an opening point for negotiations. For now, the market seems to be taking it more as the latter. The consequences otherwise for markets and the global economy could be painful. Unless the United States can prepare alternatives for the autos, energy products and other goods that come from Mexico, Canada and China, such tariffs would raise the price of imported items all at once and make households poorer, according to Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics. They would also hurt profit margins for U.S. companies, while raising the threat of retaliatory tariffs by other countries. And unlike tariffs in Trump’s first term, his latest proposal would affect products across the board. General Motors sank 9%, and Ford Motor fell 2.6% because both import automobiles from Mexico. Constellation Brands, which sells Modelo and other Mexican beer brands in the United States, dropped 3.3%. The value of the Mexican peso fell 1.8% against the U.S. dollar. Beyond the pain such tariffs would cause U.S. households and businesses, they could also push the Federal Reserve to slow or even halt its cuts to interest rates. The Fed had just begun easing its main interest rate from a two-decade high a couple months ago to offer support for the job market . While lower interest rates can boost the economy, they can also offer more fuel for inflation. “Many” officials at the Fed’s last meeting earlier this month said they should lower rates gradually, according to minutes of the meeting released Tuesday afternoon. The talk about tariffs overshadowed another mixed set of profit reports from U.S. retailers that answered few questions about how much more shoppers can keep spending. They’ll need to stay resilient after helping the economy avoid a recession, despite the high interest rates imposed by the Fed to get inflation under control. A report on Tuesday from the Conference Board said confidence among U.S. consumers improved in November, but not by as much as economists expected. Kohl’s tumbled 17% after its results for the latest quarter fell short of analysts’ expectations. CEO Tom Kingsbury said sales remain soft for apparel and footwear. A day earlier, Kingsbury said he plans to step down as CEO in January. Ashley Buchanan, CEO of Michaels and a retail veteran, will replace him. Best Buy fell 4.9% after likewise falling short of analysts’ expectations. Dick’s Sporting Goods topped forecasts for the latest quarter thanks to a strong back-to-school season, but its stock lost an early gain to fall 1.4%. Still, more stocks rose in the S&P 500 than fell. J.M. Smucker had one of the biggest gains and climbed 5.7% after topping analysts’ expectations for the latest quarter. CEO Mark Smucker credited strength for its Uncrustables, Meow Mix, Café Bustelo and Jif brands. Big Tech stocks also helped prop up U.S. indexes. Gains of 3.2% for Amazon and 2.2% for Microsoft were the two strongest forces lifting the S&P 500. All told, the S&P 500 rose 34.26 points to 6,021.63. The Dow gained 123.74 to 44,860.31, and the Nasdaq composite climbed 119.46 to 19,174.30. In the bond market, Treasury yields held relatively steady following their big drop from a day before driven by relief following Trump’s pick for Treasury secretary. The yield on the 10-year Treasury inched up to 4.29% from 4.28% late Monday, but it’s still well below the 4.41% level where it ended last week. In the crypto market, bitcoin continued to pull back after topping $99,000 for the first time late last week. It’s since dipped back toward $91,000, according to CoinDesk. It’s a sharp turnaround from the bonanza that initially took over the crypto market following Trump’s election. That boom had also appeared to have spilled into some corners of the stock market. Strategists at Barclays Capital pointed to stocks of unprofitable companies, along with other areas that can be caught up in bursts of optimism by smaller-pocketed “retail” investors. AP Business Writer Elaine Kurtenbach contributed.
Empowered Funds LLC boosted its holdings in shares of Peoples Bancorp of North Carolina, Inc. ( NASDAQ:PEBK – Free Report ) by 5.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,278 shares of the bank’s stock after buying an additional 1,474 shares during the period. Empowered Funds LLC owned approximately 0.55% of Peoples Bancorp of North Carolina worth $769,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds have also recently bought and sold shares of the company. Rhumbline Advisers purchased a new position in Peoples Bancorp of North Carolina in the second quarter valued at about $169,000. Bank of New York Mellon Corp acquired a new stake in shares of Peoples Bancorp of North Carolina during the 2nd quarter valued at about $388,000. Renaissance Technologies LLC grew its stake in shares of Peoples Bancorp of North Carolina by 6.8% in the 2nd quarter. Renaissance Technologies LLC now owns 22,012 shares of the bank’s stock valued at $643,000 after buying an additional 1,400 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Peoples Bancorp of North Carolina by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 146,625 shares of the bank’s stock worth $4,281,000 after buying an additional 734 shares during the last quarter. 43.83% of the stock is owned by hedge funds and other institutional investors. Peoples Bancorp of North Carolina Trading Up 4.0 % Shares of NASDAQ:PEBK opened at $31.47 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $171.83 million, a PE ratio of 10.67 and a beta of 0.57. Peoples Bancorp of North Carolina, Inc. has a 1 year low of $23.74 and a 1 year high of $32.37. The firm has a fifty day moving average price of $26.64 and a 200 day moving average price of $28.48. Insider Buying and Selling In other news, Director James S. Abernethy sold 1,000 shares of Peoples Bancorp of North Carolina stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $28.64, for a total value of $28,640.00. Following the completion of the transaction, the director now owns 74,976 shares in the company, valued at approximately $2,147,312.64. The trade was a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Insiders sold 6,500 shares of company stock valued at $184,205 over the last quarter. Corporate insiders own 16.94% of the company’s stock. Peoples Bancorp of North Carolina Profile ( Free Report ) Peoples Bancorp of North Carolina, Inc operates as the bank holding company for Peoples Bank that provides various banking products and services for individuals and small-to medium-sized businesses. It offers checking, savings, money market, and retirement accounts; certificates of deposits; and credit and debit cards. Recommended Stories Want to see what other hedge funds are holding PEBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Peoples Bancorp of North Carolina, Inc. ( NASDAQ:PEBK – Free Report ). Receive News & Ratings for Peoples Bancorp of North Carolina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Bancorp of North Carolina and related companies with MarketBeat.com's FREE daily email newsletter .Intapp stock soars to all-time high, hits $60.92
Conversely, an opposing faction within the village vehemently refuted these claims, painting a starkly different picture of the events that transpired. According to their version of events, the arrival of the lost graduate had sparked heated debates and disagreements among the villagers, with some expressing skepticism and reluctance to assist her. They alleged that certain individuals had harbored suspicions about the woman's true intentions, raising concerns about potential deceit or ulterior motives behind her distressing plight.
Monday, December 30, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance US Visa: Big relief for Indians! US issued more than 1 million... Personal Finance US Visa: Big relief for Indians! US issued more than 1 million non-immigrant visas; Students benefited the most By Shyamu Maurya December 30, 2024 0 7 Share Facebook Twitter Pinterest WhatsApp Telegram US Visa: Big relief for Indians! US issued more than 1 million non-immigrant visas; Students benefited the most US Visa: The US Mission in India said on Friday that it has issued more than one million non-immigrant visas for the second consecutive year. The number of travelers coming from India has increased fivefold in the last four years. More than 2 million Indians have traveled to the US in the first 11 months of 2024. This is 26 percent more than in 2023. New Delhi. The US has issued more than 1 million non-immigrant visas to Indians for the second consecutive year, including a record number of visitor visas. A statement issued by the US Embassy in India said that after the 2008/2009 academic year, India has become the top country sending international students in 2024. What is a non-immigrant visa? Overall, more than 331,000 students are studying in the US. Non-immigrant visas are issued to foreign nationals who seek admission to the US on a temporary basis. Additionally, India has maintained its position as the largest contributor of international graduate students for two consecutive years, with the number increasing by 19 per cent to nearly 200,000. Also know these facts India became the top country sending international students in 2024. Over 331,000 students are studying in the US in total. H-1B visa renewal project was successful in US states. Approval was given to renew the visa without leaving the USA. 20 lakh Indians visited America in the last four years. 26 percent increase in 11 months The number of visitors from India has increased five times in the last four years and more than 20 lakh Indians have visited the US. In the first 11 months of 2024, there has been a 26 percent increase in the number of Indians visiting the US as compared to the same period in 2023. This year a pilot project was worked out to renew H-1B visas in US states. It was successful. Permission to renew visas without leaving the US. The State Department is working to formally establish a US-based renewal program in 2025, which is expected to benefit a large number of Indians. 50 lakh Indians have non-immigrant visas The US Embassy said that more than 50 lakh Indians already have non-immigrant visas to visit the US and the mission issues thousands more visas every day. The US Mission has also provided more than 24,000 passports and other consular services to American citizens living and traveling in India, the embassy said. Tags US visa US Visa application US Visa rules Share Facebook Twitter Pinterest WhatsApp Telegram Previous article ITR Deadline: Deadline for filing income tax extended, know which taxpayers will get relief Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. 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PM Modi: ‘Congress made laws for appeasement, an example is Waqf Board’KREIDL, Georg 'George'Pete Wicks reveals he 'prefers dogs to people' and admits he couldn't stop crying while filming 'emotional' documentary about rescue hounds Have YOU got a story? Email tips@dailymail.com By AMELIA WYNNE FOR MAILONLINE Published: 19:01 EST, 29 December 2024 | Updated: 19:19 EST, 29 December 2024 e-mail 4 View comments Pete Wicks has revealed that he 'prefers dogs to people' ahead of his new documentary Pete Wicks : For Dogs' Sake airing. The former TOWIE and Strictly star, 36, has admitted that he couldn't stop crying while filming 'emotional' documentary about rescue hounds. Pete owns two rescued French bulldogs - Eric and Peggy - who has one eye and he regularly posts about his love for them on social media. Speaking in a new interview with The Radio Times he said of making his new documentary: 'It might sound harsh, but it's true – I prefer dogs to people. I don't think you realise how much dogs will change things until you have one. 'Filming the series was a privilege, but also emotionally difficult. I don't mind saying that. I cried several times. It's heartbreaking when you witness a dog arrive after a bad start in life, you can see the sadness in their eyes. 'It's a series I've been desperate to do for a decade. Why? Well, it's estimated that there are around 100,000 dogs in UK rescue centres. But only one in five people who get a dog, get a rescue.' Pete Wicks has revealed that he 'prefers dogs to people' ahead of his new documentary Pete Wicks: For Dogs' Sake airing Pete owns two rescued French bulldogs - Eric and Peggy - who has one eye and he regularly posts about his love for them on social media Pete's journey began when him and his mum adopted dog Arnie when he was just 10 years old. Then in 2016 he rescued Eric from the Dogs Trust centre in Basildon, Essex near where he grew up. The new four-part documentary called Pete Wicks : For Dogs' Sake will air on January 7. Pete recently took part in Strictly with partner Jowita Przystał and while he competed and trained for the show his mother looked after his two dogs who 'spoiled them rotten'. It comes after recently Pete and his love interest Maura Higgins sparked rumours they spent Christmas together, after the new couple posted snaps in what seemed like the same pub last Wednesday. The former Love Islander, 34, and podcaster were beaming as they loaded luggage into a car together on Monday, preparing to head off on a festive getaway. And Maura later shared a slew of pictures to her Instagram stories, include one of her view from the plane window, before revealing she had checked into the luxurious Glasson Lakehouse, Spa & Golf Club. As the reality star celebrated with her family, fans questioned whether she'd taken her beau back to meet the parents - and now, The Sun has reported that the duo jetted off together for a romantic break. The former TOWIE and Strictly star, 36, has admitted that he couldn't stop crying while filming 'emotional' documentary about rescue hounds Speaking in a new interview with The Radio Times he said of making his new documentary: 'It might sound harsh, but it's true – I prefer dogs to people' Read More Has Pete Wicks joined Maura Higgins on her luxury festive getaway? Smitten new couple 'spend Christmas together in the Irish countryside' She shared a picture of the inside of her gorgeous suite, which featured a standalone copper bathtub and a cream chaise lounge and retails for roughly £600 per night. According to the hotel's website, the opulent suite also boasts a flat-screen TV and a balcony. The brunette beauty looked delighted to be reunited with her loved ones for the festivities as she posed a selfie with a younger family member. Later, Maura headed to the pub and both she and Pete posted pictures of their drinks to their Instagram stories. Maura opted for a glass of red wine while the Strictly star made the most of being in Ireland and went for a pint of Guinness. The pub looked incredibly cosy and boasted a huge wooden fireplace decorated with Christmas stockings, a pine garland and sparkling fairy lights. Seen with his dogs while filming TOWIE with James Lock And the relaxation continued on Boxing Day as Maura shared a snap from a huge double bed in the room as they watched The Grinch. 'Afternoon movie in bed,' she penned in her caption, with the photo giving fans a glimpse into the stunning room, which featured a big crystal chandelier. MailOnline has contacted representatives for Pete and Maura for comment. After Pete's successful stint on Strictly Come Dancing and Maura's time Down Under for I'm A Celeb, the new reality TV couple have a lot to celebrate. Share or comment on this article: Pete Wicks reveals he 'prefers dogs to people' and admits he couldn't stop crying while filming 'emotional' documentary about rescue hounds e-mail Add comment