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How major US stock indexes fared Wednesday, 10/04/2023

Published Fri, 22 Nov 2024 06:09:39 GMT

Wall Street closed higher as the bond market loosened its vise on the stock market.The S&P 500 rose 0.8% Wednesday, coming off a 1.4% tumble that sent it to its lowest level in four months. The Dow rose 127 points, a day after wiping out its gains for the year. The Nasdaq composite added 1.4%.Treasury yields eased to give the stock market some more oxygen after reports suggested the U.S. economy may be cooling. Oil prices also tumbled by $5 per barrel to take some pressure off inflation and the threat of rates staying very high. On Wednesday:The S&P 500 rose 34.30 points, or 0.8%, to 4,263.75.The Dow Jones Industrial Average rose 127.17 points, or 0.4%, to 33,129.55.The Nasdaq composite rose 176.54 points, or 1.4%, to 13,236.01The Russell 2000 index of smaller companies rose 1.86 points, or 0.1% to 1,729.01.For the week:The S&P 500 is down 24.30 points, or 0.6%.The Dow is down 377.95 points, or 1.1%.The Nasdaq is up 16.69 points, or 0.1%The Russell 2000 is down 56.09 poi...

Accolade: Fiscal Q2 Earnings Snapshot

Published Fri, 22 Nov 2024 06:09:39 GMT

SEATTLE (AP) — SEATTLE (AP) — Accolade, Inc. (ACCD) on Wednesday reported a loss of $32.8 million in its fiscal second quarter.The Seattle-based company said it had a loss of 43 cents per share.The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 56 cents per share.The company posted revenue of $96.9 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $94.4 million.For the current quarter ending in November, Accolade said it expects revenue in the range of $95 million to $97 million.The company expects full-year revenue in the range of $410 million to $414 million.Accolade shares have increased 26% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.80, a decrease of 26% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investme...

Resources Connection: Fiscal Q1 Earnings Snapshot

Published Fri, 22 Nov 2024 06:09:39 GMT

IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Resources Connection Inc. (RGP) on Wednesday reported earnings of $3.1 million in its fiscal first quarter.The Irvine, California-based company said it had net income of 9 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 20 cents per share.The consulting company posted revenue of $170.2 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGP at https://www.zacks.com/ap/RGPSource

Pro Picks: Handing the Bears their 15th straight loss won’t come easy for the Commanders

Published Fri, 22 Nov 2024 06:09:39 GMT

Pro Picks is a weekly column where AP Pro Football Writer Rob Maaddi shares his picks for upcoming games. For all previous Pro Picks, head here.___Pushing the NFC champions to overtime is only a positive step if the Washington Commanders beat a team that’s lost 14 straight.Sam Howell and the Commanders (2-2) bounced back from a beating against the Bills to take the Eagles to the limit. Now they’ve got a chance to snap a two-game losing streak when the lowly Bears (0-4) visit on Thursday night.Justin Fields had a career day but still couldn’t get Chicago its first win. The Bears have the league’s fourth-worst pass defense so Howell could have another big day. Of course, he’s got to stay upright. Howell is on pace to be sacked more times than any quarterback in NFL history.The Commanders are 5 1/2-point favorites, according to FanDuel Sportsbook. Pro Picks likes Washington but expects a close game.COMMANDERS, 23-20 PHILADELPHIA AT LOS ANGELES RAMSLine: Eagles minus 4 1/2The undefeated...

Suspect wanted in attack on Brighton ice cream truck driver

Published Fri, 22 Nov 2024 06:09:39 GMT

DENVER (KDVR) -- Police in Brighton are searching for a man wanted in connection to an Aug. 31 assault and robbery of a 77-year-old ice cream truck driver.Police said 20-year-old Luis Antonio Hernandez was wanted in connection to the assault, which happened at Benedict Park in Brighton. Download the FOX31 App: Breaking news alerts & Pinpoint Weather The victim, Lyman Hamlin, was hit several times in the face but was able to give police a description of his attacker.FOX31 spoke to Hamlin, who was taken to the hospital after the attack and treated. At the time, he said he hoped to recover and get back to selling ice cream again.After an investigation, a warrant was issued for Hernandez for second-degree assault against an at-risk adult. FOX31 Newsletters: Sign up to get breaking news sent to your inbox Hernandez was described as being 5 feet, 5 inches tall and 135 pounds with brown eyes and brown hair.His last known location was in New Mexico. However, his current location was...

Over half of breast cancer patients struggle with financial impacts: Komen

Published Fri, 22 Nov 2024 06:09:39 GMT

DENVER (KDVR) — Debra Ellis was diagnosed with breast cancer in January 2020. After surgery, chemotherapy and radiation, she is now a proud breast cancer survivor."I am doing well!" she said.But even with a good job and medical insurance, she said there were financial impacts from her breast cancer fight. Women urged to get mammograms, cancer exams during Breast Cancer Awareness Month "I have insurance and I had to pay $3,000 out of pocket, which is not small," she said. Ellis had to miss work, get transportation, pay for copays and more, and she's not alone."We hear from single moms all the time who are having to make choices between putting food on the table and paying for their treatments," said Corrina Steiger, Colorado executive director for Susan G. Komen."We have found that more than half of people impacted by breast cancer are going to experience some form of financial toxicity," Steiger said.Susan G. Komen grants for breast cancer patientsTo address that need, Susan G. Ko...

Police take into custody suspect accused of stealing vehicle, crashing it into Little Haiti boxing gym

Published Fri, 22 Nov 2024 06:09:39 GMT

Police took into custody a suspect who allegedly stole a vehicle and crashed into a business in Miami’s Little Haiti neighborhood. Now, that business is cleaning is cleaning up the damage. City of Miami Police and Miami Fire Rescue arrived at the scene of the crash outside the KO Zone gym in the area of Northwest Third Avenue and 54th Street, at around 7 p.m., Tuesday.7News cameras captured a car that was flipped over. Surveillance video showed the moments a red SUV collided with a silver Toyota. “I hear a loud thud. I go outside, and I see a car flipped over,” said area resident Yeshimabeit Milner.Seconds later, Miami Police units are seen pulling up to the scene.“I see one police officer yelling at someone in a car, saying, ‘If you move, you’re gonna die,'” said Milner.According to Miami Police, one of their units was behind the reportedly stolen SUV. When they attempted to stop the vehicle, the suspect fled and crashed into the Toyota, ca...

Tearful mourners line up at San Francisco City Hall to thank, pay last respects to Dianne Feinstein

Published Fri, 22 Nov 2024 06:09:39 GMT

SAN FRANCISCO (AP) — Mourners streamed into San Francisco City Hall on Wednesday to pay their respects to the late U.S. Sen. Dianne Feinstein, honoring her as fearless, smart and the glue who kept the city together after two political assassinations that catapulted her into the mayor’s office and the national spotlight.“She wasn’t afraid to do a man’s job. She wasn’t afraid to be a senator. She wasn’t afraid to go after what she wanted,” said Lawanda Carter, 48, of San Francisco. “And that’s encouragement for us women now to have courage.”Carter was among the scores of everyday San Franciscans and political leaders alike who brought flowers, bowed their heads or clasped their hands in prayer as they stood before Feinstein’s casket, which was draped in an American flag and on display behind velvet ropes. Many said they had never met Feinstein, but wanted to honor an indefatigable public servant who fought to level the playing field for women, members of the LGBTQ community and ...

Broward College names Barbara Bryan as new acting president, replacing interim leader after 1 day

Published Fri, 22 Nov 2024 06:09:39 GMT

Broward College has made yet another change at the top, appointing Barbara Bryan as the new acting president just a day after Dr. Henry Mack was initially hired for the role. This transition comes after Dr. Mack withdrew his name from consideration due to disagreements over compensation and contract duration.Barbara Bryan, who previously served as the president of Broward College’s North Campus before retiring in 2013, becomes the first female leader in the institution’s history.The Broward College Board of Trustees confirmed that Barbara Bryan has reached an agreement on the terms of her appointment, ensuring a smooth transition in leadership for the college.

Authorities search for missing diver off coast of Rockport

Published Fri, 22 Nov 2024 06:09:39 GMT

A search got underway Wednesday for a missing diver off the coast of Rockport, officials said.A Coast Guard official said the diver is a 70-year-old man believed to be in full diving gear. The same official said authorities were first notified of a missing diver around 4:15 p.m. Officials said Rockport police found another diver, an adult male, dead on Front Beach in Rockport while they were searching for the missing 70-year-old man.The Coast Guard official said Rockport Police and fire personnel were involved in the search Wednesday afternoon. SKY7-HD flying over the area spotted a Coast Guard helicopter and airplane assisting in local operations. Boats in the water were also participating in the search.Officials speaking with 7NEWS said the active search in Rockport was over as of around 6:30 p.m. and directed further questions to the Essex County District Attorney’s office.No further information was immediately available.This is a developing story; stay with 7NEWS...