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Stock market today: Wall Street extends weak start to 2024 ahead of Fed minutes release

Published Tue, 24 Dec 2024 17:35:28 GMT

NEW YORK (AP) — Stock are slipping again on Wednesday as Wall Street’s slow start to 2024 carries into a second day.The S&P 500 was 0.6% lower in afternoon trading, though still within 2% of its record set exactly two years ago. The Dow Jones Industrial Average was down 224 points, or 0.6%, as of 12:31 p.m. Eastern time, and the Nasdaq composite was 0.9% lower.Some of last year’s biggest winners were again giving up some of their gains. Tesla fell 3.3% after soaring nearly 102% last year, for example. It and the other six “Magnificent 7” Big Tech stocks responsible for the majority of Wall Street’s returns last year have regressed some following their tremendous runs.The question hanging over the market is whether all the enthusiasm that helped stocks broadly rally for nine straight weeks into the start of this year was warranted. It was built on expectations that inflation has cooled enough for the Federal Reserve to not only halt its hikes to interest rates but to cut them sev...

Denver police seek additional victims of alleged kidnapping, sex assault suspect

Published Tue, 24 Dec 2024 17:35:28 GMT

DENVER (KDVR) -- A case review of a man charged in March 2023 by the Denver District Attorney's Office has prompted law enforcement to ask if additional victims of the suspect exist and if they do, to come forward for the investigation.The Denver District Attorney's Office charged Adrian Alamillo-Gonzales, 40, in March 2023 on five felony counts related to two incidents investigated by the Denver Police Department. Crews sweep large encampment as more migrant buses arrive in Denver The two incidents Alamillo-Gonzales has been charged with are alleged to have occurred in fall 2022 and Spring 2023. They both occurred in the downtown Denver area as bars were letting out.In one incident, Alamillo-Gonzales is alleged to have forced a woman into his car. The victim fought him for several blocks before he "dropped her off and left the scene," according to DPD. In the second incident, Alamillo-Gonzales allegedly posed as a rideshare driver and picked up an adult female. He allegedly refu...

Crews sweep large encampment as more migrant buses arrive in Denver

Published Tue, 24 Dec 2024 17:35:28 GMT

DENVER (KDVR) — Crews began to clear a migrant camp on Wednesday morning. The large camp is at Zuni Street and Speer Boulevard in the Jefferson Park neighborhood where hundreds of migrants have been living. On Tuesday, some of these migrants went to the city council to voice concerns about the sweep, but they mainly wanted the council to know that they’re ready to work and give back to the Denver community. Migrant advocates say encampment could encircle shelter near downtown Denver The city said it will connect those living in the camp with housing and is working to open two more shelters. The city also said it has already received more than 300 rental applications, and nearly 100 people have either moved in or are preparing to move into housing.FOX31's Lisa D'Souza has been at the scene all morning. Just before 9 a.m., a large fire broke out after a tent went up in flames. Denver Fire quickly responded to the scene and began putting out the fire before it spread to nearby apartm...

Target suing Xcel Energy over damage caused by Marshall Fire

Published Tue, 24 Dec 2024 17:35:28 GMT

DENVER (KDVR) — Target is the latest company to file a lawsuit against Xcel Energy for damage that stemmed from the 2021 Marshall Fire.The fire spread across Boulder County on Dec. 30, 2021, destroying more than a thousand buildings and killing two people. It is Colorado's most destructive wildfire.Target suing Xcel, other telecommunication businessesOn Dec. 22, 2023, Target Corporation, based out of Minnesota, filed a lawsuit against Xcel Energy, Teleport Communications America LLC. and Century Link.Target claims that its Superior location at 400 Marshall Road sustained damage from the Marshall Fire and is seeking compensation. The store was closed for eight months after the roof was damaged and heat from the fire set off the store's fire suppression system. All merchandise inside the Target was destroyed. Complete coverage: 2021 Marshall Fire in Boulder County The store had to be gutted, rebuilt and remodeled. In the lawsuit, Target alleges that on the day of the fire, Xcel Ene...

Colorado's most popular New Year's resolutions according to Google Trends

Published Tue, 24 Dec 2024 17:35:28 GMT

DENVER (KDVR) -- Whether you're looking to start a new job or take control of your health going into the new year, you're not the only one. Across Colorado, many people are looking to make changes for 2024, and a lot of them are similar. Why you should keep your Christmas lights up through the end of January FOX31 analyzed Google Trends using phrases like "New Year's Resolutions" and "2024 goals" to sort through related topics and queries searched throughout Colorado for the past seven days, starting on Dec. 28 through Jan. 3.Here's what topics Coloradans are searching going into the new year:5KOne possible New Year's resolution throughout Colorado is running a 5K. For the past seven days, people who searched for New Year's resolutions also looked up 5Ks on Google. This search ranges throughout Colorado Springs, Pueblo, Denver, Grand Junction and Montrose.Related queries include the Bolder Boulder, Polar Bear 5K Denver and the Colfax Marathon. Based on the searches, Coloradans cou...

US and allies warn Houthis of ‘consequences’ as Red Sea crisis intensifies

Published Tue, 24 Dec 2024 17:35:28 GMT

Houthi militants will face as-yet-unspecified “consequences” if they continue to “threaten lives” and disrupt trade flows in the Red Sea, the United States and a host of international allies said in a new statement Wednesday.The joint missive — issued simultaneously by the governments of the U.S. Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, the Netherlands, New Zealand, and the United Kingdom — stops short of spelling out how the allies plan to quell mounting turmoil in the Red Sea region.But it warns that recent events pose “a direct threat” to global trade and constitute “a significant international problem that demands collective action.”Sailors navigating the narrow Bab-el-Mandeb Strait — on a vital shipping route linking Europe to Asia — have in recent weeks faced drone strikes, missile attacks and hijackings by Iran-backed Houthi militants operating off the coast of Yemen.The Shia militant group insists it is only targeting shipping with links to Israel...

70-year-old cyclist seriously injured, flown to hospital for treatment after crash involving vehicle in Littleton

Published Tue, 24 Dec 2024 17:35:28 GMT

Authorities say a 70-year-old riding a recumbent bike suffered serious injuries following a crash involving a vehicle in Littleton.The Littleton Police Department said it was around 10:30 a.m. on Wednesday when both officers and members of the fire department were called to the area of 119 King St. for the crash.Upon arriving, the department said officers found a 70-year-old recumbent bicyclist suffering serious injuries.“That bicyclist was taken to Nashoba Valley Medical Center by ambulance, and then transferred by MedFlight to Lahey Hospital and Medical Center in Burlington,” a news release from Littleton PD stated.Details on the vehicle involved and what led up to the crash have not yet been released, with authorities noting that the 21-year-old driver involved in the incident remained at the scene.An investigation into the crash remains ongoing.

Chicago Bears Q&A: Does GM Ryan Poles have enough autonomy to make big changes? Will Sunday’s result affect the offseason?

Published Tue, 24 Dec 2024 17:35:28 GMT

Justin Fields has one more start to convince the Chicago Bears brass he can be the quarterback of the future. The Bears finish their season Sunday against the Green Bay Packers at Lambeau Field (3:25 p.m., CBS-2).Brad Biggs answers questions about general manager Ryan Poles, Fields’ future, hypotheticals and much more in the latest Bears mailbag.Ryan Poles was in Kansas City when the Chiefs had Alex Smith, a serviceable and even popular quarterback, and traded up to the No. 10 spot to choose Patrick Mahomes. Fast-forward to 2024 and Ryan Poles finds himself on the precipice of a similar situation, only this time he’s in charge. Poles has made shrewd decisions with an eye to the future, and Ted Phillips would likely have greenlighted anything to copy the KC formula. But does Poles have enough autonomy with Kevin Warren if he wants to execute a change this seismic? — Kamal T., North Smithfield, R.I.Interesting question and quite a bit to unpack here. The Chiefs had l...

More Americans think foreign policy should be a top US priority for 2024, poll finds

Published Tue, 24 Dec 2024 17:35:28 GMT

By Will Weissert and Linley Sanders, Associated PressWASHINGTON (AP) — In this time of war overseas, more Americans think foreign policy should be a top focus for the U.S. government in 2024, with a new poll showing international concerns and immigration rising in importance with the public.About 4 in 10 U.S. adults named foreign policy topics in an open-ended question that asked people to share up to five issues for the government to work on in the next year, according to a December poll from The Associated Press-NORC Center for Public Affairs Research.That’s about twice as many who mentioned the topic in the AP-NORC poll conducted last year.Long-standing economic worries still overshadow other issues. But the new poll’s findings point to increased concern about U.S. involvement overseas — 20% voiced that sentiment in the poll, versus 5% a year ago.It also shows that the Israeli-Hamas war is feeding public anxiety. The conflict was mentioned by 5%, while almost no one cited i...

Boston Police find gun at Back Bay high school, suspect arrested

Published Tue, 24 Dec 2024 17:35:28 GMT

A Back Bay high school was placed into lockdown this morning due to the presence of a gun there.Boston Police found a firearm at Snowden International School, located at 150 Newbury St., at 11:43 a.m. and arrested a suspect, according to a department spokesman.The school has since been taken out of safe mode.This is a developing story.