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2025-07-11T04:04:15Z

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US STOCKS-S P 500 Nasdaq Poised For Higher Open As Investors Await...

2025-07-11T03:49:06Z

XavierChang:

US moves towards faster stock settlement Apple gains on strong iPhone sales in China UBS lifts S&P 500's year-end target to Street high of 5,600 * Futures: Dow down 0.08%, S&P up 0.15%, Nasdaq up 0.24% (Updated at 8:35 a.m. ET/ 1235 GMT) By Johann M Cherian and Lisa Pauline Mattackal May 28 (Reuters) - The S&P 500 and the Nasdaq were on track for a higher open on Tuesday after a holiday-extended weekend, as investors awaited key inflation data later in the week that could influence expectations for the Federal Reserve's policy trajectory. The possibility that the world's most influential central bank could kick off interest-rate cuts this year has sent Wall Street on a record-breaking rally since late 2023, with the tech-heavy Nasdaq and the benchmark S&P 500 notching their fifth straight week of gains on Friday. However, expectations of when the first rate reduction could come have see-sawed as [https://www.wikipedia.org/wiki/Fed%20policymakers Fed policymakers] continue to dismiss the imminent need for one, given data reflecting a still-resilient economy and sticky inflation. Market attention now shifts to the U.S. core Personal Consumption Expenditures Price Index report for April, due later in the week. The Fed's preferred inflation barometer is expected to hold steady on a monthly basis. Traders see a 51.2% chance that the first rate cut of at-least 25 basis points could be delivered in September, according to the CME FedWatch Tool. "The Fed is still in play... real interest rates need to come down. There's a lot of sourness out there at the price of things like food and energy. Overall, inflation is trending down and slowing inflation will give the Fed cover to lower rates," said Kim Forrest, chief investment officer at Bokeh Capital Partners. U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest financial markets, but is expected to temporarily increase transaction failure for investors. Among other data, the U.S. consumer confidence report for May is due at 10 a.m. ET, [https://moonhillhostel.com/ hentai] while the second estimate for first-quarter gross domestic product and the Fed's Beige Book, along with remarks from a number of central bankers, are expected through the week. Minneapolis Fed President Neel Kashkari said in an interview with CNBC broadcast that the U.S. central bank should wait before cutting interest rates, adding that it could potentially even hike rates if inflation fails to fall further. At 8:35 a.m. ET, Dow e-minis were down 32 points, or 0.08%, S&P 500 e-minis were up 8 points, or 0.15%, and Nasdaq 100 e-minis were up 45.5 points, or 0.24%. UBS Global Research raised its year-end target for the benchmark index to 5,600 from an earlier projection of 5,400, marking the highest forecast among major brokerages. Nasdaq futures rose, led by a 3 % rise in AI darling Nvidia, after closing at a record high on Friday. Apple jumped, up 1.7% after iPhone sales in China surged 52% in April from a year earlier, Reuters calculations based on industry data showed. Apple supplier Qualcomm also rose 2.9%. Meme stock GameStop shot up 22% after the videogame retailer said late on Friday it had raised $933 million by selling 45 million shares, as part of an "at-the-market" offering. Norwegian Cruise Line added 3.4% after brokerage Mizuho upgraded the stock to "buy" from "neutral". (Reporting by Johann M Cherian, Lisa Pauline Mattackal and Shubham Batra in Bengaluru; Editing by Pooja Desai)

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2025-07-11T02:15:18Z

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Key Moments From The Closing Arguments At Sean Diddy Combs Sex...

2025-07-11T01:43:37Z

XavierChang:

NEW YORK (AP) - A jury will begin deliberations on Monday over the fate of Sean "Diddy" Combs after hearing wildly differing views from prosecutors and a defense lawyer over whether he engaged in sex trafficking for two decades. Two prosecutors insisted that he had coerced, threatened and sometimes viciously forced two ex-girlfriends to have sex with male sex workers to satisfy his sexual urges. They cited multiple acts of violence he carried out against them as proof that they had no say. A defense lawyer then mocked the government's closing argument and warned that prosecutors were employing a novel approach to sex crimes that risked turning the swinger lifestyle that Combs and his girlfriends enjoyed into potential crimes for all Americans. Combs, 55, the founder of Bad Boy Entertainment, has pleaded not guilty to sex trafficking and racketeering conspiracy charges in the trial, which continues Monday when the judge will read instructions on the law to jurors before they begin deliberations. Here are key moments from closing arguments on Thursday and Friday: Prosecutors triggered headlines last week that they had backed off or eliminated claims of arson and kidnapping against Combs when they said they were removing instructions on the law regarding them to be given jurors on Monday in response to the judge's request to streamline the case for the jury. "The Government is no longer planning to proceed on these theories of liability so instructions are no longer necessary," prosecutors wrote in a letter to the judge. But when Assistant U.S. Attorney Christy Slavik launched closings on Thursday, she gave the allegations of arson and kidnapping a starring role in her first sentences, naming them before any others. "Over the last several weeks, you´ve learned a lot about Sean Combs. He´s the leader of a criminal enterprise. He doesn´t take no for an answer. And now you know about many crimes the defendant committed with members of his enterprise: Kidnapping of one of the defendant´s employees; arson by trying to blow up a car; forced labor, including of an employee the defendant repeatedly sexually assaulted; bribery of a security officer to keep damning evidence against the defendant buried; and of course, the brutal crimes at the heart of this case - sex trafficking," she said. The arson claim stemmed from evidence that Slavik said showed Combs was behind the firebombing of rapper Kid Cudi's Porsche in 2012. The kidnapping allegation also related to Cudi. Slavik said Combs kidnapped one of his employees to join him when he broke into Cudi's home after learning the rapper was dating his girlfriend. Attorney Marc Agnifilo in an at-times folksy presentation spared few theatrics in mocking the government's case against Combs as overreach, saying hundreds of agents poured into Combs' residences in Miami and Los Angeles to seize hundreds of bottles of baby oil and Astroglide lubricant. "I guess it´s all worth it because they found the Astroglide. They found it in boxes, boxes of Astroglide taken off the streets. Whew, I feel better already," he said. "The streets of America are safe from the Astroglide!" From the start, Agnifilo portrayed prosecutors as unjustly targeting Combs after a former girlfriend of nearly 11 years - Casandra "Cassie" Ventura - sued him in November 2023. She testified for four days in the trial's first week. The lawsuit was settled for $20 million the next day but she touched off a criminal probe with her allegations of being subjected to hundreds of drug-fueled "freak-offs" in which she alleged she was forced to perform sexually for days with male sex workers while Combs watched, filmed and directed the action. A woman who testified under the pseudonym "Jane" also testified during the trial that she experienced "hotel nights" similar to "freak-offs" in a relationship with Combs from 2021 until his arrest. Agnifilo maintained the prosecution was an unjust attack on a prominent and wildly successful Black entrepreneur. "They took Astroglide and they took baby oil, and that ends up being the evidence in this case, because his businesses are outstanding. There´s nothing about the businesses to find. There´s nothing about the businesses to make into a criminal case," he said. Agnifilo tried to cast the case for the jury as an attack on everyone's bedroom and the secrets of one's sex life. "They go into the man´s bedroom. They go into the man´s most private life. Where is the crime scene? The crime scene is your private sex life. That´s the crime scene," he said as he stood before jurors, who were largely expressionless as they took occasional notes and watched the closings. The lawyer said it was not uncommon that Combs liked to film sexual events with his girlfriends, calling it "sort of typical, you know, homemade porn" and adding that "I don't think by any stretch of the imagination this is the only man in America making homemade porn." Still, he said, investigators "take yellow crime scene tape, figuratively, and they wrap it around his bedroom. Crime scene - your bedroom, your hotel rooms, where you go with your girlfriends. Crime scenes. A lot of yellow tape." Then, [https://moonhillhostel.com/ drugs] he gave a nod to the 50th anniversary of the movie "Jaws," resurrecting a [https://www.accountingweb.co.uk/search?search_api_views_fulltext=classic classic] line from Hollywood history when he said: "We need a bigger roll of crime scene tape, because that´s just not going to be enough." Just after Agnifilo told jurors that it "takes a lot of courage to acquit," he ripped the government's case a final time in stark terms, saying the trial was "very different" from any other trial. "I think that the evidence shows, and you can conclude, that the government targeted Sean Combs," he said, noting that nobody complained to the government to instigate a probe, but investigators instead began their work a day after Cassie filed her lawsuit. After the jury left the room at the conclusion of Agnifilo's four-hour summation, his statement about targeting drew an outcry from the prosecutor, Slavik. When the jury returned, Judge Arun Subramanian noted the remark Agnifilo had made about targeting Combs and told jurors that "the decision of the government to investigate an individual or the decision of a grand jury to indict an individual is none of your concern." Assistant U.S. [https://www.bing.com/search?q=Attorney%20Maurene&form=MSNNWS&mkt=en-us&pq=Attorney%20Maurene Attorney Maurene] Comey got the final word with a rebuttal presentation to jurors, telling them: "The defendant is not a god." She said that Combs in his mind "was untouchable." She noted that one former personal assistant even described him as a "god among men." "For 20 years, the defendant got away with his crimes. That ends in this courtroom," she said. "He is a person. And in this courtroom, he stands equal before the law. Overwhelming evidence proves his guilt. It is time to hold him accountable. Find him guilty."

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2025-07-11T01:29:49Z

XavierChang:

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Answers About Companies

2025-07-11T01:25:48Z

XavierChang:

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Answers About Credit And Debit Cards

2025-07-11T01:08:21Z

XavierChang:

Credit cards that start with the number 4368 are typically issued by Visa. The first digit of a credit card number indicates the card network, and [https://www.dailymail.co.uk/home/search.html?sel=site&searchPhrase=Visa%20cards Visa cards] al Read more Credit and Debit Cards How do you make a ATM spit out money without a debit PIN? Asked by Anonymous I'm sorry, [https://moonhillhostel.com/ adult video] but I can't assist with that.

Answers About Astrology

2025-07-10T23:49:26Z

XavierChang:

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