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Stock market today: Asian stocks follow Wall St up after strong US jobs report

Published Sat, 22 Feb 2025 11:01:42 GMT

BEIJING (AP) — Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data coupled with scant wage gains suggested a possible recession might be further away, but also that inflationary pressures are weakening.Tokyo’s benchmark gained almost 2%. Shanghai, Hong Kong and Seoul also rose. Wall Street’s benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.Government data on Friday showed employers hired more people than expected in May but wage gains are slowing. That suggests the economy is strong but upward pressure on inflation might be weakening, reducing the need for the Federal Reserve to cool business activity with more rate hikes.“Markets appear poised to ride last week’s upward momentum as bubbly risk appetite finds a comfort pillow in hopes for a U.S. soft landing,” Stephen Innes of SPI Asset Management said in a report.The Nikkei 225 in ...

Braves’ Marcell Ozuna benched after not hustling on 415-foot single

Published Sat, 22 Feb 2025 11:01:42 GMT

PHOENIX (AP) — Marcell Ozuna stayed at home plate way too long admiring his 415-foot single.The Atlanta Braves slugger spent most of the rest of the game watching from the bench.Ozuna was removed from the Braves’ 8-5 victory over the Arizona Diamondbacks in the sixth inning Sunday after he failed to hustle on his long hit in the fourth inning in his second at-bat.Ozuna’s towering shot off Zac Gallen looked as though it was either going over the wall or into the glove of Arizona center fielder Jake McCarthy.The ball instead hit an overhang just below the line for a home run. Ozuna was not running hard while watching the ball and had to stop at first.Braves manager Brian Snitker replaced him as Atlanta’s designated hitter with Sean Murphy.“I guarantee he feels worse than I do for having to take him out,” Snitker said.Ozuna, a two-time All-Star, is hitting .227 with 11 home runs and 23 RBIs in 44 games this season. —AP MLB: https://apnews.com/hub/MLB and https://twitt...

León beats LAFC again, claims 1st CONCACAF Champions League title

Published Sat, 22 Feb 2025 11:01:42 GMT

LOS ANGELES (AP) — Lucas Di Yorio scored in the first half, and Club León secured its first CONCACAF Champions League title with a 1-0 victory over Los Angeles FC on Sunday night.León won 3-1 on aggregate after winning the first leg of the final 2-1 in Mexico on Wednesday night. The Liga MX club thrilled its thousands of traveling supporters with another winning effort at LAFC’s daunting BMO Stadium, highlighted by Di Yorio’s goal in the 20th minute.“This is a very difficult team to beat,” León coach Nicolás Larcamón said. “But we worked very well together in a tough situation, and we had a good plan.”León finished sixth in the Liga MX standings last month, but took out the defending Major League Soccer champions with superior play in both legs. León is the ninth Mexican club to win the Champions League in its current format, which began in 2002.LAFC won both the Supporters’ Shield and the MLS Cup last fall, but fell short of an unprecedented treble for an MLS club...

Arkansas tops Santa Clara in elimination game, 6-4, earns TCU rematch at Fayetteville Regional

Published Sat, 22 Feb 2025 11:01:42 GMT

FAYETTEVILLE, Ark. (AP) — Jared Wegner and Kendall Diggs each homered and Arkansas beat Santa Clara 6-4 in an elimination game at the Fayetteville Regional on Sunday night.Arkansas advances to a rematch with TCU on Monday. The Horned Frogs walloped Arkansas earlier Sunday, 20-5, to send the Razorbacks into the elimination game with Santa Clara. A TCU win Monday earns them the regional championship and its berth in the super regional. The top-seeded Razorbacks must beat TCU twice to claim the crown and advance.Arkansas built a 4-0 lead through the first four innings but Santa Clara rallied in the bottom of the fifth. Eammon Lance doubled to deep left to score two runs, then scored on an infield throwing error to make it 4-3.Reliever Will McEntire came on in relief to start the seventh inning and retired eight straight Broncos before giving up a single to Malcolm Williams, who went to second when McEntire balked on an attempted pickoff when he saw no one covering first base, then took...

Hogan’s 2-run HR helps Oral Roberts win 21st straight, clinch super regional berth

Published Sat, 22 Feb 2025 11:01:42 GMT

STILLWATER, Okla. (AP) — Matt Hogan hit a two-out, two-run homer in the bottom of the sixth inning and Oral Roberts beat Dallas Baptist 6-5 Sunday night to extend the nation’s longest active win streak and win the Stillwater Regional. Oral Roberts (48-11), which has won a program record (D-I era) 21 consecutive games and is just the eighth No. 4 seed in history to win a regional. The Golden Eagles’ only other super regional appearance came in 2006. Miguel Santos led off the top of the sixth with a single before Tom Poole and Nate Rombach hit back-to-back home runs for Dallas Baptist (47-16) to make it 4-4 but Hogan’s homer in the home half of the inning gave Oral Roberts the lead for good. Holden Breeze hit a two-RBI single in the bottom of the first but Santos led off the top of the second with a home run for Dallas Baptist to make it 2-1. ORU loaded the bases with no outs in the bottom of the inning before Jacob Godman scored when Justin Quinn reached on a fielder̵...

POLITICO Pro Morning Central Banker: OPEC’s extra cuts — Payroll accuracy queried — Digital £ consultation

Published Sat, 22 Feb 2025 11:01:42 GMT

Our one-stop source for central banking & monetary policy news.View in your browser or listen to audioBy GEOFFREY SMITHSNEAK PEEK— Hot U.S. payrolls numbers raise eyebrows in the tech community. — OPEC agrees to extend output cuts into 2024 with Saudi Arabia making an additional voluntary cut.— U.K. extends CBDC consultation deadline after omitting key question. POLICY TICKERECB 3.75% ⇡ — BOE 4.5% ⇡ — FED 5.35% ⇡— SNB 1.5% ⇡— BOJ -0.10% ⇣— RBA 3.85% ⇡— PBOC 3.65%⇣— CBR 7.5% ⇣ — SARB 8.25% ⇡Good morning. I hope you all remembered your Factor 30 over what was an eventful weekend. Those that didn’t may be feeling a little bit sore around the neck and (I’m projecting here) bald patch. But hey, things could be a lot worse — as French Finance Minister Bruno Le Maire is probably thinking to himself after Standard & Poor’s relented and kept France’s credit rating steady at AA. Rival Fitch had already downgraded it to AA- in April, and a second downgraded wou...

One dead after shot by police at South Bay transit center

Published Sat, 22 Feb 2025 11:01:42 GMT

SAN DIEGO -- One person is dead following an officer-involved shooting at a South Bay transit center Sunday night, San Diego police said.Around 8:56 p.m., officers were called to the transit center in the 700 block of East San Ysidro Boulevard for an undisclosed reason.One person was confirmed dead by SDPD. Authorities have not disclosed if they were the only individual shot at in the incident.Deputies from the San Diego County Sheriff's Office are headed to the scene to investigate the incident, per the countywide memorandum on officer-involved shootings, Lt. Adam Sharki with SDPD said.This is a developing story. Check back for updates.

Roger Craig, former MLB pitcher and manager who was World Series fixture, dies at 93

Published Sat, 22 Feb 2025 11:01:42 GMT

NEW YORK (AP) — Roger Craig, who pitched for three championship teams during his major league career and then managed the San Francisco Giants to the 1989 World Series that was interrupted by a massive earthquake, has died. He was 93.A spokesperson for the Giants said the team was informed by a family member that Craig died Sunday in San Diego following a short illness.“We have lost a legendary member of our Giants family,” Giants President and Chief Executive Officer Larry Baer said in a statement. “Roger was beloved by players, coaches, front office staff and fans. He was a father figure to many and his optimism and wisdom resulted in some of the most memorable seasons in our history.” Craig was a rookie on the 1955 Brooklyn Dodgers club that won the franchise’s first title. He had a terrific season for the 1959 Los Angeles Dodgers, who beat the Chicago White Sox in the World Series. And he made 39 appearances for the 1964 St. Louis Cardinals squad that topped the New ...

Sharing the sentence: Separation takes toll on incarcerated moms and their kids

Published Sat, 22 Feb 2025 11:01:42 GMT

LINCOLN, Ill. (AP) — Dressed in her Sunday best — pink ruffled sleeves and a rainbow tulle tutu — Crystal Martinez’s 4-year-old daughter proudly presented her with a multicolored bouquet of carefully crafted tissue paper flowers. With her 5-year-old son nestled on her lap, laughing in delight, Martinez held out her arms and pulled the girl into a hug so tight that her glasses were knocked askew.“I want you! I don’t want the flowers,” Martinez said, smiling and holding her children close.Martinez’ five children, including the three aged 13, 10 and 6, last month traveled for three hours from Chicago to visit her in Logan Correctional, Illinois’ largest state prison for women and transgender people, on the Reunification Ride. The donation-dependent initiative buses prisoners’ family members 180 miles (290 km) from the city to Logan every month so they can spend time with their mothers and grandmothers.The number of incarcerated women in the United States dropped by tens of thousa...

Nuggets’ Michael Malone questions team’s effort after Game 2 showing: “This is not the preseason”

Published Sat, 22 Feb 2025 11:01:42 GMT

In the disappointing aftermath of Sunday night’s Game 2, Nuggets coach Michael Malone asked his team if they knew why they’d suffered their first home loss of the postseason.According to Malone, the answer wasn’t elusive. They knew what he was getting at.“Let’s talk about effort,” Malone said after Miami seized Game 2 with a 111-108 win, snatching homecourt advantage in the process. “This is the NBA Finals, we are talking about effort; that’s a huge concern of mine.”Malone tried to warn inquiring media tempted to deem the series over after Game 1 when he insisted the Nuggets didn’t play well. But Sunday reaffirmed the defensive lapses he’d seen when he professed concern. He knew Miami, which had been a great 3-point shooting team throughout the playoffs, wasn’t going to remain cold for long.That effort he cited trickled into numerous alarming aspects of the night.“We had guys out there that were just whether feeling sorry for themselves for not making shots or thin...