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Timberwolves win third straight game, again in dramatic fashionTechnology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the market higher, the gains were widespread. Advancers outnumbered decliners by more than 3-to-1 on the New York Stock Exchange. Broadcom rose 3.2%, Apple gained 1.1% and Amazon closed 1.8% higher. Super Micro Computer climbed 6%. Tesla jumped 7.4% for the biggest gains among S&P 500 stocks. American Airlines shook off an early loss and ended with a 0.6% gain after the airline briefly grounded flights nationwide due to a technical issue. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. NeueHealth surged 74.9% after the health care company agreed to be taken private in a deal valued at roughly $1.3 billion. All told, the S&P 500 rose 65.97 points to 6,040.04. The Dow added 390.08 points to 43,297.03, and the Nasdaq rose 266.24 points to 20,031.13. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59%. European markets closed mostly higher. Markets in Asia mostly gained ground. Tuesday’s U.S. market rally comes as the stock market enters what’s historically been a very cheerful season. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. The so-called “Santa rally” also correlates closely with positive returns in January and the upcoming year. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the stock market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up 26.6% so far this year and remains within roughly 1% of the all-time high it set earlier this month — its latest of 57 record highs this year. U.S. markets will be closed Wednesday for Christmas. Wall Street has several economic reports to look forward to this week, including a weekly update on unemployment benefits on Thursday.
Deion Sanders and the Colorado Buffaloes wrapped up a successful regular season on Friday with a 52-0 blowout win over Oklahoma State. Sitting at 9-3, the Buffs spent Saturday awaiting a potential spot in the Big 12 title game. Amid some chaotic finishes on Saturday, a notable coaching shakeup in the state of Florida has some wondering whether it could impact Sanders' coaching future in college football. ESPN's Pete Thamel first reported that UCF head coach Gus Malzahn has resigned from his position to join Florida State's coaching staff heading into 2025. According to Thamel, Malzahn will now serve as FSU's offensive coordinator and primary play caller. That duty was previously held by current Florida State head coach Mike Norvell. Norvell fired both his offensive and defensive coordinators on Nov. 10 after a 52-3 blowout loss to Notre Dame. © Mark J. Rebilas-Imagn Images Sanders, who played for FSU from 1985-88 before going on to have a Hall of Fame NFL career, has long been connected by fans and media to the Florida State job since his time leading Jackson State. The 57-year-old has repeatedly stated that he's content at Colorado, and as recently as November following speculation connecting him to one of his former teams, the Dallas Cowboys. Much could still change as the 2024 season wraps up, but Malzahn's move makes it even more unlikely Sanders will be patrolling the FSU sidelines anytime soon. "I'm happy where I am, man," told reporters on Nov. 19. "I've got a kickstand down. You know what a kickstand is? ... That means I'm resting. I'm good, I'm happy, I'm excited. I'm enthusiastic about where I am. I love it here, truly do." “I got a kickstand down...I’m happy, I’m excited, I’m enthusiastic about where I am. I love it here." - Deion Sanders when asked about his name being brought up in conversations about other jobs pic.twitter.com/mHKYK9N5wN Plus, Colorado recently landed five-star quarterback recruit Julian "JuJu" Lewis to replace Deion's son Shedeur Sanders, who will enter the 2025 NFL draft as a likely first-round pick . Florida State proved to be one of the best teams in college football a year ago with a 13-1 record after a loss in the Orange Bowl. Still, Norvell, currently in his fifth season at the helm, has been under fire all season long. The 2-9 Seminoles have played to their worst record since 1974 when the school went 1-10 under then-head coach Darrell Mudra. Muddying the waters, though, is Norvell's bloated contract. The 43-year-old signed an eight-year, $80 million extension in the offseason, making him the sixth-highest paid coach in the sport. As of Nov. 15, his buyout — if FSU wanted to move on in order to make a new hire — would be $61.4 million, according to USA Today . Related: Deion Sanders Earns Huge Bonus After Colorado-Oklahoma State Blowout Related: Terrell Owens Gets Brutally Honest on Controversial Travis Hunter Decision
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The businesswoman and fiancee of Said Palao Alejandra Baigorria, has not remained silent in the face of the criticism she has received for the launch of her perfume, created in collaboration with a well-known brand. The expert perfumer Joaquin Cisneros was one of the main detractors, questioning the quality of the product and its price. However, Alejandra was quick to react, firmly defending her fragrance through her social networks. Baigorria, known for her presence in the business world, has assured that her perfume is an Eau de Parfum and not a simple cologne, as Cisneros had pointed out. In addition, he emphasized that he will take legal action against the perfumer, for what he considers malicious comments that seek to harm his business. “What bothers me is that a Peruvian is the one who sinks another Peruvian with a venture,” the businesswoman expressed in her Instagram stories. Alejandra Baigorria defends the quality of her perfume Despite the criticism, Alejandra Baigorria was proud of her product, ensuring that her perfume is the best-selling in the entire country, even surpassing renowned international brands. In her networks, the businesswoman invited consumers to try the perfume and share their experiences, always based on real facts and not influenced by the opinions of detractors. “This perfume, beautiful and cute, and smells spectacular, is the number one seller in the entire country. Yes, it beats the best international, French and Italian perfumes. That’s why people feel itchy, itchy, and want to crush me. But I’m sorry, this perfume will continue to be the best seller and I’ll take care of that, because that’s what I work for every day. So I invite you to try it and give a real review of the product,” said Alejandra. The businesswoman also highlighted that her success does not depend on looking at the competition, but on focusing on doing a good job and contributing to the growth of Peruvian entrepreneurs. Join our entertainment channel