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NEW YORK — U.S. stock indexes drifted amid mixed trading Monday ahead of this week’s meeting by the Federal Reserve that could set Wall Street’s direction into next year. The Standard & Poor’s 500 index rose 0.4%, coming off its first losing week in the last four. The Nasdaq composite climbed 1.2% to a record, while the Dow Jones industrial average was a laggard and fell 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial intelligence offerings in particular. The market’s main event, though, will arrive Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome H. Powell will also answer questions in a news conference after the meeting. For now, the general expectation among traders is that the Fed may cut a couple of more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said, Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times this year and is heading for one of its best years of the millennium. The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin, which set another all-time high. But its stock ended the day down by less than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies. Honeywell rose 3.7% after saying it’s still considering a spinoff or sale of its aerospace business as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. MicroStrategy and Honeywell helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 points to 43,717.48, and the Nasdaq composite rose 247.17 points to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi index fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. Choe writes for the Associated Press. AP writer Elaine Kurtenbach contributed to this report.blackjack how to play 。

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LIVING standards will not improve if an EU reset ties Britain to Brussels’ rules, warns a former Brexit adviser. Labour’s plans to align with EU standards would “severely constrain” the UK’s ability to cut costs for families, trade consultant Shanker Singham says. His stark intervention comes after a leak revealed Brussels’ demands to raid British fishing waters, bring back free movement for under-30s, and hand power to European judges in exchange for softer goods checks and a security pact. Mr Singham told The Sun: “The new Government’s mission is to increase household income and decrease household costs. Their success will depend on this. “The Government should therefore look at the EU reset in the wider context. They should ask whether any potential change negatively affects their ability to improve the UK’s regulatory system in goods and services to generate greater household income.” Mr Singham warned that EU rules could harm the UK’s position in trade blocs such as the CPTPP — membership of which is considered a major Brexit dividend. READ MORE ON BREXIT He said: “Dynamic alignment or an agreement that required it would make it difficult to do a deal with the US to avoid Trump tariffs, or even to remain a member of the CPTPP.” He suggested a better move would be to unilaterally recognise EU standards in areas such as food and medicine, while letting manufacturers make different products to export elsewhere. Labour insists its bid to reset ties will not mean having to rejoin the EU.

CHAPEL HILL, N.C. (AP) — Freshman Ian Jackson scored a season-high 26 points, RJ Davis added 23 points, including five 3-pointers, and North Carolina beat Campbell 97-81 Sunday night in the Tar Heels' final nonconference game of the season. Elliot Cadeau added 12 points and a career-high 12 assists, Drake Powell also scored 12 points and Jalen Washington added 10 for North Carolina (8-5). Cadeau made a jumper to spark a 15-3 run, Davis followed with a 3-pointer that gave UNC the lead for good with 16:09 left in the first half and Cadeau capped the spurt with a layup that made it 22-12 with 12:41 to go until halftime. Colby Duggan responded with back-to-back 3-pointers for the Fighting Camels to make it 22-18 less than a minute later and Nolan Dorsey's tip-in again trimmed the deficit to four points with 7:51 left in the first half. North Carolina scored 12 of the final 17 points to take a 40-29 lead into the intermission and Campbell got no closer than nine from there. Duggan hit a jumper to open the scoring in the second half, but Washington threw down a dunk with 18:53 to play and the Tar Heels led by double figures the rest of the way. Duggan led Campbell (5-8) with a career-high 32 points on 11-of-18 shooting, 5 of 9 from 3-point range. The rest of the Camels combined to make 17 of 45 from the field (37.8%). Jasin Sinani scored 15 and Cam Gregory 14 for Campbell. Seth Trimble (upper-body injury), who is averaging 14.8 points per game this season, did not play for North Carolina. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballChina Construction News with the report, citing a work conference held by the housing regulator on Tuesday and Wednesday. In summary from the report, overblown adjectives included ... Efforts to stabilize and prevent further declines in China's real estate market will continue into 2025. Plans to reform the commercial housing sales system vigorously. Expansion of urban village renovations beyond the addition of 1 million units. Strict control over the supply of commercial housing. Increased focus on providing affordable housing for new citizens, young people, and migrant workers. Greater autonomy for local governments to purchase housing stock for stability, as suggested by the Central Financial and Economic Affairs Commission. The background to the latest proposals here include: Policymakers introduced new measures since 2021 to revive the sector after a developer crisis triggered by a government-led crackdown. Measures include cutting mortgage rates, reducing minimum down payments, and offering tax incentives to lower housing transaction costs. The current overview of the sector highlights some encouraging signs ... but its early days yet: Real estate market shows signs of stabilizing, with year-on-year and month-on-month growth in home transactions during October and November. November saw the slowest decline in home prices in 17 months, driven by government efforts.TikToker teaching science hopes short-form video will become part of curriculum

Windsor high school students present civic leaders with proposed solutions to homelessnessKENT, Ohio (AP) — Jalen Sullinger led Kent State with 25 points and secured the victory with a 3-pointer with 43 seconds remaining as the Golden Flashes knocked off Heidelberg 84-80 on Sunday night. Sullinger shot 9 of 20 from the field, including 4 for 10 from 3-point range, and went 3 for 4 from the line for the Golden Flashes (9-3). VonCameron Davis scored 21 points while shooting 8 for 13 (1 for 3 from 3-point range) and 4 of 4 from the free-throw line and added five rebounds and five assists. Mike Bekelja had 14 points and shot 4 for 5 from beyond the arc and 2 of 4 from the free-throw line. Eric Panning finished with 18 points, seven rebounds and two steals for the Student Princes. Manny Hill added 15 points and seven rebounds for Heidelberg. Elijah Harden had 15 points. Sullinger scored 11 points in the first half and Kent State went into halftime trailing 42-36. Davis scored 15 points in the second half. Kent State outscored Heidelberg by 10 points over the final half. Kent State hosts Ball State in its next matchup on Saturday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

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Sunny Health & Fitness: From Strength to Strength—Unveiling the Sunny Strength LineHugh Marks will take the reins of the ABC after the former Nine Entertainment chief executive won a global search for the top media role. Mr Marks, whose six-year stint at Nine included the broadcaster's merger with the publisher of the Sydney Morning Herald and The Age, was well-qualified to lead the ABC's editorial and creative production teams, chair Kim Williams said on Tuesday. "Hugh is a highly successful media executive, with more than 30 years' experience in Australia and internationally in content production, programming, and distribution, working across all platforms from television, radio, and online publishing and with extensive news experience," Mr Williams said in a statement. "This breadth of experience is rare and will be critical to the ABC as we look to further strengthen our reach and engagement with the Australian community." His appointment to managing director will not be without controversy after a recent report exposed a toxic culture within Nine's television newsrooms. An internal report in October found nearly half of the commercial media giant's employees had experienced bullying, discrimination or harassment in the past five years, with one quarter experiencing sexual harassment. Mr Marks led Nine from 2015 to 2021, leaving after it was reported he was in a relationship with a senior executive. In the years since, he has been at Dreamchaser, a contemporary Australian film and TV production studio he co-founded and co-led. His five-year term at the ABC begins in March. He replaces David Anderson, who announced his departure in August. "I look forward to working with everyone at the ABC as it continues to host and guide discussion on the issues of importance to Australia and lead in the delivery of quality, truthful and engaging news, and premium content," Mr Marks said. "The ABC is an iconic and formidable media organisation. "No other institution has the reach and impact of the ABC, and it is a privilege to lead the ABC workforce as we confront the many technology and programming opportunities before us." The appointment came as the federal government pledged to legislate five-year funding terms for the ABC and SBS to ensure stability at the national broadcasters. That promise coincided with ABC getting another $83.1 million for the 2027 and 2028 financial years and $43 million in the years following. "The national broadcasters are important cultural institutions and pillars of our democracy, providing world-class news and entertainment in accordance with their statutory charters, for the benefit of all Australians," Communications Minister Michelle Rowland said.

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