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BRICS is Not Counterweight to West, but Alternative Model That Attracts Africa, Ugandan Expert SaysStocks shook off a choppy start to finish higher Monday, as Wall Street kicked off a holiday-shortened week. The S&P 500 ended 0.7% higher after having been down 0.5% in the early going. The Dow Jones Industrial Average also recovered from an early slide to eke out a 0.2% gain. The tech-heavy Nasdaq composite rose 1%. Gains in technology and communications stocks accounted for much of the gains, outweighing losses in consumer goods companies and elsewhere in the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, rose 3.7%. Broadcom climbed 5.5% to also help support the broader market. Walmart fell 2% and PepsiCo slid 1%. Japanese automakers Honda and Nissan said they are talking about combining in a deal that might also include Mitsubishi Motors. U.S.-listed shares in Honda jumped 12.7%, while Nissan ended flat. Eli Lilly rose 3.7% after announcing that regulators approved Zepbound as the first and only prescription medicine for adults with sleep apnea. Department store Nordstrom fell 1.5% after it agreed to be taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. All told, the S&P 500 rose 43.22 points to 5,974.07. The Dow gained 66.69 points to 42,906.95. The Nasdaq rose 192.29 points to 19,764.89. Traders got a look at a new snapshot of U.S. consumer confidence Monday. The Conference Board said that consumer confidence slipped in December. Its consumer confidence index fell back to 104.7 from 112.8 in November. Wall Street was expecting a reading of 113.8. Story continues below video The unexpectedly weak consumer confidence update follows several generally strong economic reports last week. One report showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The latest report on unemployment benefit applications showed that the job market remains solid. A report on Friday said a measure of inflation the Federal Reserve likes to use was slightly lower last month than economists expected. Worries about inflation edging higher again had been weighing on Wall Street and the Fed. The central bank just delivered its third cut to interest rates this year, but inflation has been hovering stubbornly above its target of 2%. It has signaled that it could deliver fewer cuts to interest rates next year than it earlier anticipated because of concerns over inflation. Expectations for more interest rate cuts have helped drive a roughly 25% gain for the S&P 500 in 2024. That drive included 57 all-time highs this year. Inflation concerns have added to uncertainties heading into 2025, which include the labor market's path ahead and shifting economic policies under an incoming President Donald Trump. "Put simply, much of the strong market performance prior to last week was driven by expectations that a best-case scenario was the base case for 2025," said Brent Schutte, chief investment officer at Northwestern Mutual Wealth Management Company Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.59% from 4.53% late Friday. European markets closed mostly lower, while markets in Asia gained ground. Wall Street has several other economic reports to look forward to this week. On Tuesday, the U.S. will release its November report for sales of newly constructed homes. A weekly update on unemployment benefits is expected on Thursday. Markets in the U.S. will close at 1 p.m. Eastern on Tuesday for Christmas Eve and will remain closed on Wednesday for Christmas.
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Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Fans of I'm A Celebrity...Get Me Out of Here! have made a complaint about the so-called ‘treats’ that this year’s celebs have earned so far. In tonight’s episode, the campmates celebrated Maura Higgins ’ 34th birthday and were hoping for a cake, but instead were rewarded with a very small pile of crisps. Tulisa and Melvin Odoom completed a challenge finding rubber ducks individually numbered in a river. They were then tasked to add up the numbers, which they did successfully - thanks to Tulisa's maths skills. The pair then headed to Kev's Wallaby Whips where they were rewarded with crisps. But fans weren’t convinced it was a worthy treat for the very hungry celebrities realising they were earning just two crisps each. As the campmates relished their two crisps, one fan wrote on social meida: “The treats have been SHOCKING this year tbh #ImACeleb ”. Another added: “Two Pringles would nowhere near be enough #ImACeleb #ImACelebrity”. A third wrote: “Ready salted Pringles rather just eat rice and beans #imacelebrity2024 #ImACeleb ”. Another viewer said: “nah they should’ve had some cake for maura.. it’s her 30th. not pringles #ImACeleb ”. And another simply added: “Measly amount of crisps #ImACeleb ”. It’s not the first time the stars have paid a visit to Kev's Wallaby Whips, the stars have previously won a plate of boiled sweets, and were gifted with marshmallows. The celebrities have been struggling with a lack of food, but luckily were well fed in tonight’s episode (Monday 25 November) after Dean McCullough won ten out of 12 stars. Dean faced his sixth trial which was called the Jack and the Screamstalk where he had to put his hand in various hell holes that contained the likes of green ants, cockroaches, giant mealworms and spiders to collect each star. Dean managed to grab ten but fell off before he got a chance to get the last two. At the very end of the episode, the campmates headed out for an unexpected group trial to the Fright Bus. Each celebrity could win a piece of luggage each from the luggage rack, described to contain holiday essentials, and even a tasty treat. Poor Maura, who had been celebrating her birthday , realised that as she was at the back of the bus, she needed to endure the entire journey and have to stay on the longest. The outcome of that trial will be revealed in tomorrow night’s episode (Tuesday 26 November).In the rapidly evolving world of gaming, NVIDIA remains at the forefront of technological innovation, with its stock reflecting the company’s dynamic progress. Recently, NVIDIA’s stock has been in the spotlight due to its pioneering moves, especially in the context of artificial intelligence and next-generation GPUs, which are set to redefine gaming experiences. Exploring the AI Horizon One of NVIDIA’s groundbreaking advances is its integration of artificial intelligence within gaming development. The recent introduction of the GeForce AI-Powered Graphics Card offers gamers unprecedented levels of graphic realism and performance. This leap in technology is expected to drive NVIDIA’s stock to new heights, attracting investors keen on the intersection of AI and gaming. Boosting eSport Dominance NVIDIA’s latest strategic partnerships with leading eSports teams signal a significant investment in the competitive gaming sector. This collaboration aims to enhance eSports performance through cutting-edge technology, ultimately promoting NVIDIA as a central pillar in the eSports industry. Stock analysts anticipate a direct positive impact on NVIDIA’s market valuation, as gaming and eSports continue to merge. A Glimpse into the Virtual Realm Additionally, NVIDIA’s advancements in virtual reality (VR) hold promising implications for immersive gaming. The announcement of their new VR-ready graphics processors has sparked enthusiasm both among gamers and market watchers. As VR technology gains traction, NVIDIA’s stock is positioned to benefit substantially from this growing sector. With these strategic initiatives, NVIDIA continues to bolster its influence across multiple facets of the gaming industry, paving the way for a future where technology and gaming seamlessly converge. Investors and gamers alike are eagerly observing NVIDIA’s trajectory as its stock encapsulates the excitement of innovation. NVIDIA’s Next-Gen Innovations: A Game-Changer for Investors and Gamers? In the fast-paced arena of gaming technology, NVIDIA has consistently led the charge with groundbreaking innovations. As the company ventures deeper into artificial intelligence and cutting-edge GPU technologies, it leaves a significant mark not only on gaming experiences but also on its stock market performance. Breaking New Grounds in AI Integration The recent unveiling of the GeForce AI-Powered Graphics Card sets a new benchmark in gaming realism and performance. This state-of-the-art technology leverages artificial intelligence to deliver a level of visual detail previously unseen in the gaming industry. As a result, this innovation is attracting considerable attention from investors who recognize the lucrative potential at the intersection between AI advancements and gaming. eSports and NVIDIA: A Strategic Partnership NVIDIA’s strategic partnerships with top eSports teams demonstrate its commitment to enhancing competitive gaming. These collaborations focus on developing and deploying advanced technology to boost team performance, further cementing NVIDIA’s status as a crucial player in the eSports ecosystem. Analysts predict that these moves will significantly elevate NVIDIA’s market valuation, as the lines between traditional gaming and eSports continue to blur. Revolutionizing Virtual Reality Gaming Advancements in virtual reality have opened up new realms for gaming, and NVIDIA is positioned to lead the charge with its latest VR-ready graphics processors. These innovations promise a more immersive and engaging gaming experience, creating a buzz among both gaming enthusiasts and market analysts. As VR gains popularity, NVIDIA’s stock is poised to benefit from the expanding interest in immersive technologies. Future Insights and Market Predictions Looking ahead, NVIDIA’s strategic focus on AI, eSports, and VR indicates a company that is not only innovating but also capitalizing on emerging trends. As technology and gaming intertwine more intricately, NVIDIA appears well-positioned to sustain its influence within the industry. Future market predictions suggest continued growth in NVIDIA’s stock, bolstered by its groundbreaking solutions and strategic foresight. For more information on NVIDIA’s latest innovations and stock market performance, visit the NVIDIA website.
Former Green Party leader Caroline Lucas has also resigned as vice-president of the animal welfare organisation, with both of them expressing their “sadness” over leaving the roles. It comes after an Animal Rising investigation made claims of cruelty at “RSPCA Assured” slaughterhouses in England and Scotland, with the campaign group sharing footage of alleged mistreatment. RSPCA Assured is a scheme whereby approved farms must comply with the organisation’s “stringent higher welfare standards”, according to its website. Mr Packham shared the news of his resignation on social media, saying: “It is with enormous sadness that I have resigned from my role as president of the RSPCA. “I would like to register my respect and admiration for all the staff and volunteers who work tirelessly to protect animals from cruelty.” Ms Lucas said she and Mr Packham failed to get the charity’s leadership to act. She posted on X, formerly Twitter: “With huge sadness I’m resigning as VP of the RSPCA, a role I’ve held with pride for over 15 years. “But their Assured Schemes risk misleading the public & legitimising cruelty. “I tried with @ChrisGPackham to persuade the leadership to act but sadly failed.” In June, the RSPCA commissioned an independent review of 200 farms on its assurance scheme which concluded the scheme was “operating effectively” to assure animal welfare on member farms. Following Animal Rising’s release of footage last week, the charity said it was “appalled” by what was shown, adding that it launched an immediate investigation and suspended three slaughterhouses from the scheme. In the wake of Mr Packham and Ms Lucas’ resignations, an RSPCA spokesperson said it is “simply not true” that the organisation has failed to take urgent action. They said: “We agree with Chris and Caroline on so many issues and have achieved so much together for animals, but we differ on how best to address the incredibly complex and difficult issue of farmed animal welfare. “We have discussed our work to drive up farmed animal welfare standards openly at length with them on many occasions and it is simply not true that we have not taken urgent action. “We took allegations of poor welfare incredibly seriously, launching an independent review of 200 farms which concluded that it was ‘operating effectively’ to improve animal welfare. “We are taking strong steps to improve oversight of welfare, implementing the recommendations in full including significantly increasing unannounced visits, and exploring technology such as body-worn cameras and CCTV, supported by £2 million of investment.” The charity insisted that while 94% of people continue to choose to eat meat, fish, eggs and dairy, it is the “right thing to do” to work with farmers to improve the lives of animals. “RSPCA Assured visit all farms on the scheme every year, but last year just 3% of farms were assessed for animal welfare by state bodies,” the spokesperson continued. “No-one else is doing this work. We are the only organisation setting and regularly monitoring animal welfare standards on farms. “We have pioneered change through RSPCA Assured, which has led to improvements throughout the industry including CCTV in slaughterhouses, banning barren battery cages for hens and sow stalls for pigs, giving salmon more space to swim and developing slower growing chicken breeds who have better quality of life.”14 new California laws to watch for in 2025
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