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US stocks drift to more records on a holiday-shortened day of trading

NEW YORK (AP) — US stocks drifted higher to more records on a holiday-shortened day of trading. The S&P 500 rose 0.3%. The Dow Jones Industrial Average climbed 0.6%, and the Nasdaq composite edged up 0.2%. Markets closed early for Christmas Eve and will remain closed for Christmas Thursday. The S&P 500 is up more than 17% this year, driven by optimism about artificial intelligence and deregulatory policies. Investors focus is on the U.S. economy’s direction and Federal Reserve interest rate policy. Unemployment claims fell last week, indicating a still-healthy labor market. Dynavax... Read More

Zelenskyy says he's open to creating demilitarized zone in Ukraine's industrial heartland

KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said he would be willing to withdraw troops from the country’s eastern industrial heartland as part of a plan to end Russia’s war, if Moscow also pulls back and the area becomes a demilitarized zone monitored by international forces.

The proposal offered another potential compromise on control of the Donbas region, which has been a major sticking point in peace negotiations.

Zelenskyy said the U.S. proposed the creation of a “free economic zone," which he said should be demilitarized. But it was... Read More

Fenerbahce president detained in Istanbul drug investigation after positive narcotics test

ANKARA, Turkey (AP) — The president of Fenerbahce, one of Turkey’s leading sports clubs, was taken into custody in Istanbul on Wednesday as part of a widening drug investigation that has ensnared prominent entertainment and media figures, state media reported.

Sadettin Saran, a dual citizen of Turkey and the U.S., was detained just hours after forensic tests detected traces of narcotics in his hair samples, according to state broadcaster TRT.

He had been summoned last week to testify before prosecutors and was sent to a forensic medical facility to provide hair and... Read More

A blast in Gaza wounds a soldier and Israel accuses Hamas of ceasefire violation

JERUSALEM (AP) — An explosive device detonated in Gaza on Wednesday, injuring one Israeli soldier and prompting Israel to accuse Hamas of violating the U.S.-brokered ceasefire. It was the latest incident to threaten the tenuous truce that has held since Oct. 10 as each side accuses the other of violations.

The blast came as Hamas met with Turkish officials in the country's capital, Ankara, to discuss the second stage of the ceasefire. Though the agreement has mostly held, its progress has slowed.

All but one of the 251 hostages taken in the Hamas-led attack on Oct. 7,... Read More

Proud dad Zinedine Zidane watches as Algeria opens Africa Cup with 3-0 win over Sudan

RABAT, Morocco (AP) — France great Zinedine Zidane watched his goalkeeper son’s safe hands as Algeria started its Africa Cup of Nations campaign with a 3-0 win over 10-man Sudan on Wednesday.

Riyad Mahrez scored twice and the 20-year-old Ibrahim Maza scored his first international goal for Algeria, one of the tournament favorites, to move top of Group E.

Zidane, who was at the sweet-smelling Moulay El Hassan Stadium in Rabat to see his son Luca Zidane playing in the Algeria goal, was feted by the crowd every time he was shown on the big screens.

Luca... Read More

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US stocks drift to more records on a holiday-shortened day of trading

Zelenskyy says he's open to creating demilitarized zone in Ukraine's industrial heartland

Fenerbahce president detained in Istanbul drug investigation after positive narcotics test

A blast in Gaza wounds a soldier and Israel accuses Hamas of ceasefire violation

Proud dad Zinedine Zidane watches as Algeria opens Africa Cup with 3-0 win over Sudan

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