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Stock market today: Wall Street falls after the bond market cranks up the pressure again

Published Sat, 22 Feb 2025 03:35:52 GMT

NEW YORK (AP) — Stocks fell Thursday to break one of Wall Street’s longest winning streaks in two decades after the pressure cranked higher from the bond market.The S&P 500 sank 35.43 points, or 0.8%, to 4,347.35. The Dow Jones Industrial Average dropped 220.33, or 0.6%, to 33,891.94, and the Nasdaq composite lost 128.97, or 0.9%, to 13,521.45.Stocks had been higher earlier in the day, and the S&P 500 was on track for a ninth straight gain, which would have been its longest winning streak in 19 years. But the stock market quickly sagged under the weight of rising yields in the bond market. Treasury yields rose in the morning after a report suggested the U.S. job market remains remarkably solid. They climbed further when the U.S. government announced the results of a sale of $24 billion in Treasury bonds. And then they spurted higher after Federal Reserve Chair Jerome Powell said the Fed “will not hesitate” to raise interest rates further if it feels high inflation is not ful...

Natural Alternatives: Fiscal Q1 Earnings Snapshot

Published Sat, 22 Feb 2025 03:35:52 GMT

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Natural Alternatives International Inc. (NAII) on Thursday reported a loss of $695,000 in its fiscal first quarter.The Carlsbad, California-based company said it had a loss of 12 cents per share.The nutritional supplements manufacturer posted revenue of $34 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 NAII at https://www.zacks.com/ap/NAIISource

Oncternal Therapeutics: Q3 Earnings Snapshot

Published Sat, 22 Feb 2025 03:35:52 GMT

SAN DIEGO (AP) — SAN DIEGO (AP) — Oncternal Therapeutics, Inc. (ONCT) on Thursday reported a loss of $9.9 million in its third quarter.The San Diego-based company said it had a loss of 17 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 15 cents per share.The biopharmaceutical company posted revenue of $179,000 in the period, which matched Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ONCT at https://www.zacks.com/ap/ONCTSource

Loveland officer arrested, accused of off-duty juvenile assault

Published Sat, 22 Feb 2025 03:35:52 GMT

DENVER (KDVR) -- Three days after firing an officer for allegedly assaulting a teen at a park while on duty, another Loveland Police officer has been arrested.Wilbert Howard, 53, was arrested at 1:57 p.m. Thursday by Fort Collins Police Services. Howard was off-duty at the time of the incident, and the Loveland Police Department stated that this incident does not have a connection to Howard's official duties as a police officer. Safe2Tell reports jump 16% to highest number ever Howard has been placed on administrative leave and an internal investigation was initiated, according to the department. Loveland Police reported that Howard has worked for the department for 17 years.According to Loveland Police, Howard faces counts of second-degree assault and child abuse along with a crime of violence sentence enhancement. Police said the Thursday, Nov. 2, incident reportedly happened at a private residence in the jurisdiction of Fort Collins Police.Fort Collins Police booked the off-du...

Rocky Mountain National Park to keep timed entry reservations for summer 2024

Published Sat, 22 Feb 2025 03:35:52 GMT

DENVER (KDVR) -- Visitors at Rocky Mountain National Park will once again need to make a timed entry reservation in the summer and fall of 2024, the park announced Thursday.It's not a new concept, as timed entry permits have been used there yearly since 2020 due to COVID concerns. Planning a trip to RMNP? You won’t need cash According to a release from RMNP, reservations in 2024 will work similarly to how they worked in 2023, with a few changes.Reservations at Rocky Mountain National Park in 2024Beginning May 24, 2024, timed entry permits, or reservations, will be required for visitors in all areas of RMNP, according to the release. There will be two permit options available.Either way, guests will make a reservation for a two-hour window and enter during that time, with no set time for departure so they can leave whenever they want.Option 1: Bear Lake Road A permit for the Bear Lake Road corridor will include access to that entire corridor as well as the rest of the park. With t...

Denver weather: Sunshine and a gradual warming trend

Published Sat, 22 Feb 2025 03:35:52 GMT

DENVER (KDVR) --  Denver's weather will stay dry and sunny through the end of the week and into the weekend. This will contribute to a gradual warming trend that will continue into next week. Weather tonight: Clear and coolThursday night, Denver will stay under a mainly clear sky. Temperatures will be slightly below normal and fall down to the mid-20s. Weather tomorrow: Sunny, seasonal Friday will be chilly but seasonal. After a low in the mid-20s, sunshine will help to boost highs back into the mid-50s. Looking ahead: Warming trend continues This weekend will bring more sunshine and keep the warming trend going. Veteran's Day will start off chilly with a low in the 20s, followed by a high near 60 degrees. Sunshine and slightly warmer temperatures continue on Sunday with a high in the low- to mid-60s. A slight warming trend will continue for the start of the workweek. Highs on Monday will reach the mid-60s, followed by highs just shy of 70 degrees Tuesday through Thursday alongsi...

BCPS, Habitat for Humanity join forces to build affordable homes for employees in Pompano Beach

Published Sat, 22 Feb 2025 03:35:52 GMT

Broward County Public Schools and Habitat for Humanity are teaming up to help provide the building blocks for a good education. This partnership is leading some deserving families up the steps to success.BCPS is the number one employer of Habitat families, and on Thursday, school board members helped build another deserving family’s home sweet home.7News cameras captured crews hard at work at the inaugural Broward County Public Schools Build Day.Participants contributed to the construction of affordable homes for deserving families in partnership with Habitat for Humanity of Broward.“What goes through my mind is I’m learning something new; I’ve never been a part of this process,” said Petra Fraser, a Broward County Public School teacher and a beneficiary of the Habitat for Humanity program.Facing the challenge of rising living costs, Fraser said, she thought about moving because she couldn’t afford rent, let alone buy a home.But thanks to Habitat ...

Andover teachers vote to go on strike

Published Sat, 22 Feb 2025 03:35:52 GMT

Educators in Andover have voted to go on strike effective immediately, the Andover Education Association announced Thursday.The union in its statement said the vote followed more than nine months of bargaining with the Andover School Committee over a new contract. Union members, the education association said, have “reached a breaking point.”“We appreciate the community’s support and are eager to settle this contract as quickly as possible,” the education association said.Andover School Committee Chair Tracey Spruce in a message to the community said the school committee had filed a petition with the state Department of Labor Relations to stop the strike as of Thursday nightSpruce in a subsequent statement said the Andover Public Schools would be closed on Friday due to the strike vote. “We are incredibly disappointed in this decision by the AEA to take this illegal action that unfairly disrupts the education of our students,” Spruce said. “The School Committee bargaining ...

New England lobstermen threaten to sue feds over planned Massachusetts fishing closure

Published Sat, 22 Feb 2025 03:35:52 GMT

New England lobstermen are threatening to sue a federal agency planning to make fishing on Massachusetts waters even more challenging from February until May, when they already face restrictions on where they are allowed to tend to their livelihood.NOAA Fisheries is looking to permanently add a wedge between state and federal waters to an existing closure that stretches roughly 9,000 square miles off the Massachusetts coast, a measure feds have put in place to preserve the North Atlantic right whale.An emergency rule prohibited trap and pot fishery buoy lines on the wedge during the past two years, but the feds are looking to make the zone permanent and have the backing of the Massachusetts Division of Marine Fisheries.The proposed permanent expansion to the Massachusetts Restricted Area has caught lobstermen by surprise.Dustin Delano, chief operating officer of the New England Fishermen’s Stewardship Association, took exception to the “recklessness” of the proposal after an amendme...

Healey admin wants to study psychedelics for vets with ‘historic’ legislation

Published Sat, 22 Feb 2025 03:35:52 GMT

Just in time for the arrival of Veterans Day, the Healey Administration announced a new plan to significantly expand benefits for Massachusetts residents who served in the armed forces and study if psychedelics could be useful in their medical treatment.During a press conference in Braintree on Thursday, Gov. Maura Healey announced the filing of An Act Honoring, Empowering and Recognizing Our Servicemembers and Veterans, or the HERO Act, which according to her administration is the first “comprehensive and expansive” veterans-centric piece of legislation introduced by a Bay State governor in two decades.“Our veterans have sacrificed so much for our country, and this transformative legislation marks an important step toward ensuring that Massachusetts supports them in return,” Healey said. “From day one, our administration has been committed to revitalizing veterans’ services in Massachusetts and ensuring that every one of these heroes receives the benefits, resources and...