NEW YORK (AP) — U.S. stocks rose Monday, with those benefiting the most from lower interest rates and a stronger economy leading the way. The S&P 500 climbed 0.3% to pull closer to its all-time high set two weeks ago. The Dow Jones Industrial Average added 440 points, or 1%, to its own record set on Friday, while the Nasdaq composite rose 0.3%. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants Scott Bessent , a hedge fund manager, to be his Treasury Secretary. Bessent has argued for reducing the U.S. government’s deficit, which is how much more it spends than it takes in through taxes and other revenue. Such an approach could soothe worries on Wall Street that Trump’s policies may lead to a much bigger deficit, which in turn would put upward pressure on Treasury yields. After climbing above 4.44% immediately after Trump’s election, the yield on the 10-year Treasury fell back to 4.26% Monday, down from 4.41% late Friday. That’s a notable move, and lower yields make it cheaper for all kinds of companies and households to borrow money. They also give a boost to prices for stocks and other investments. That helped stocks of smaller companies lead the way, and the Russell 2000 index of smaller stocks jumped 1.5%. It finished just shy of its all-time high, which was set three years ago. Smaller companies can feel bigger boosts from lower borrowing costs because of the need for many to borrow to grow. The two-year Treasury yield, which more closely tracks the market’s expectations for what the Federal Reserve will do with overnight interest rates, also eased sharply. The Fed began cutting its main interest rate just a couple months ago from a two-decade high, hoping to keep the job market humming after bringing inflation nearly all the way down to its 2% target. But immediately after Trump’s victory, traders had reduced bets for how many cuts the Fed may deliver next year. They were worried Trump’s preference for lower tax rates and higher spending on the border would balloon the national debt. A report coming on Wednesday could influence how much the Fed may cut rates. Economists expect it to show that an underlying inflation trend the Fed prefers to use accelerated to 2.8% last month from 2.7% in September. Higher inflation would make the Fed more reluctant to cut rates as deeply or as quickly as it would otherwise. Goldman Sachs economist David Mericle expects that to slow by the end of next year to 2.4%, but he said inflation would be even lower if not for expected tariff increases on imports from China and autos favored by Trump. In the stock market, Bath & Body Works jumped 16.5% after delivering stronger profit for the latest quarter than analysts expected. The seller of personal care products and home fragrances also raised its financial forecasts for the full year, even though it still sees a “volatile retail environment” and a shorter holiday shopping season this year. Much focus has been on how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. Last week, two major retailers sent mixed messages. Target tumbled after giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Another big retailer, Macy’s, said Monday its sales for the latest quarter were in line with its expectations, but it will delay the release of its full financial results. It found a single employee had intentionally hid up to $154 million in delivery expenses, and it needs more time to complete its investigation. Macy’s stock fell 2.2%. Among the market’s leaders were several companies related to the housing industry. Monday’s drop in Treasury yields could translate into easier mortgage rates, which could spur activity for housing. Builders FirstSource, a supplier or building materials, rose 5.9%. Homebuilders, D.R. Horton, PulteGroup and Lennar all rose at least 5.6%. All told, the S&P 500 rose 18.03 points to 5,987.37. The Dow Jones Industrial Average jumped 440.06 to 44,736.57, and the Nasdaq composite gained 51.18 to 19,054.84. In stock markets abroad, indexes moved modestly across much of Europe after finishing mixed in Asia. In the crypto market, bitcoin was trading below $95,000 after threatening to hit $100,000 late last week for the first time. AP Business Writer Elaine Kurtenbach contributed.jili slot login 。

I’m a Celebrity 2024 elimination: which stars have made it to Celebrity Cyclone? 2024 line-upAfter quarterback Gardner Minshew suffered a season-ending broken collarbone against the Denver Broncos on Sunday, the Las Vegas Raiders got one of their quarterbacks back from injury. The team announced Monday that Aidan O'Connell, who has been out with a hand injury, returned to practice. The Raiders placed O'Connell on the injured reserve in late October due to a broken thumb. Amid O'Connell's injury, Las Vegas picked up Desmond Ridder to serve as the backup. Minshew, who joined the Raiders after a successful season with the Indianapolis Colts a year ago, had 2,013 passing yards, nine touchdowns and 10 interceptions before going down with the injury. Ridder replaced him on Sunday and completed five of his 10 passes for 64 yards. O'Connell, who has played four games this season, has 455 passing yards, two touchdowns and two interceptions. There was some indecision from the Raiders on whether to start O'Connell or Minshew earlier this season, but now O'Connell may get his chance to be the starter for the rest of the year. Head coach Antonio Pierce said that he could be ready to go for Friday's game against the Kansas City Chiefs, but he will need to see O'Connell make some strides this week. "Just seeing him being able to grip the ball comfortably — hopefully there's no pain there — and just being able to be efficient," Pierce said, per The Athletic's Tashan Reed . "To put a player out there that's hurting or injured still, that's not in the benefit of the player or the team." At this point in the season, there's not much O'Connell can do for the Raiders. They lost their seventh consecutive game on Sunday to drop to 2-9 on the year and are likely out of the playoffs barring a late-season miracle. The rest of the season for O'Connell will likely be more about proving himself as a capable starter for Las Vegas.

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Tyrese Hunter tossed in a game-high 26 points to lead Memphis to a 99-97 upset victory over No. 2 UConn on Monday in the first round of the Maui Invitational in Lahaina, Hawaii. Hunter, who played at Iowa State and Texas before transferring to Memphis, made eight field goals with 7-of-10 3-point shooting. The Tigers (5-0) connected on 12 of their 22 3-point attempts in the win. UConn's Hassan Diarra made a free throw to cut the Memphis lead to 99-97 with 2.2 seconds left. He intentionally missed the second free throw and collected the loose ball, but his desperation shot was off the mark. It was 92-92 when UConn's Liam McNeeley was called for an offensive foul with 40.3 seconds left. UConn coach Dan Hurley received a technical for arguing the foul call, and PJ Carter made all four free throws to give the Tigers a four-point lead. Memphis, which squandered a 13-point lead with four minutes to play in regulation, received 22 points from PJ Haggerty, 19 from Colby Rogers and 14 from Dain Dainja. Memphis will play the winner of Monday night's game between Colorado and Michigan State in Tuesday's semifinals. UConn will face the loser of that contest. Tarris Reed Jr. had a team-high 22 points and a game-high 11 rebounds for UConn (4-1) before he fouled out with 3:18 to play. He made 10 of his 13 field goal attempts. Alex Karaban added 19 points for the Huskies. Jaylin Stewart scored a career-high 16 points, Diarra had 12 and McNeeley added 10. UConn trailed 82-79 after Diarra made two free throws with 24.2 seconds to play in regulation. The Huskies then forced a turnover and tied the game on a 3-pointer by Solo Ball with 1.2 on the clock. Although Memphis shot 56.5 percent from the field (13 for 23) and 50 percent from 3-point territory (5 for 10) in the first half, the game was tied 40-40 after 20 minutes. Neither team led by more than six points in the half. UConn received 29 points from its bench in the first half. Reed scored 15 of those points and Stewart supplied the other 14. --Field Level Media

CNN anchor Jake Tapper expressed rare frustration Thursday as he shouted and openly laughed at a conservative commentator on live television. Tapper took pundit Shermichael Singleton to task over his attempts to dismiss President-elect Donald Trump's nomination of Matt Gaetz as attorney general and Republicans' response that he would cost too much political capital. "It's not about, 'Oh my God these are the most horrific charges I've heard, you know, about an attorney general nominee ever in the history of this republic!'" Tapper snapped. "Statutory rape, drugs?" This came hours after Gaetz withdrew his name to put an end to the "distraction" caused by a House Ethics committee probe into allegations he engaged in sexual misconduct with a minor at a drug-fueled party and concerns he was unfit to lead the Justice Department. Tapper appeared infuriated that Sen. Kevin Cramer (R-ND) told the press Thursday it was not the disturbing claims that made him hesitant to confirm Gaetz, but "the math" showing there wasn't a viable path to succeed. ALSO READ: It's time for Democrats to declare class warfare "Where is the sense," Tapper said, "that this is about more than just whether he can get confirmed?" Singleton struck a soothing tone as he argued that "the math" was proof of Republicans' concerns about the troubling nature of the allegations surrounding Gaetz. And Democratic strategist Chuck Rocha chimed in to note Republicans were already distancing themselves from an administration shaking the confidence of American voters. "It's easy for us to sit back and say, 'Look at all of this crazy and look at crazy and crazy,' but this is their own party coming at them in the Senate," said Rocha. "[Voters] are sitting back saying, 'We just voted for change and what we're getting is a clown circus, so I think that's really the big deal here." When Singleton leaped in to defend Trump's position and dismiss the Gaetz scandal, he faced repeated interjections and outright laughter from Tapper. When Singleton asked rhetorically if Trump wanted "to be distracted by this within the first 100 days," Tapper shouted, "Apparently!" and started to laugh. Tapper later cut in to argue Trump only had himself to blame for the "distraction." "These allegations about Matt Gaetz aren't new," he said. When Singleton tried to claim they were, Tapper laughed again. "They didn't — they aren't — they didn't explode last week," he said. "We've known about these charges for literally for years." Watch the video below or click here.Michael Dell’s net worth (and how much he makes as CEO)Bucks get second crack at NBA Cup semis vs. Trae Young, HawksTotal Thanksgiving audience sets all-time record - NBC Sports