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Stock market today: Asian shares follow Wall Street lower

Published Wed, 26 Feb 2025 07:17:34 GMT

NEW YORK — Shares were weaker in Asia on Friday, tracking a decline on Wall Street following mixed earnings reports from big companies and more signals the U.S. economy may be slowing. Tokyo’s Nikkei 225 index edged 0.1% to 28,638.24. The Kospi in Seoul dropped 0.8% to 2,542.72. Hong Kong’s Hang Seng gave up 0.6% to 20,274.42. The S&P/ASX 200 in Sydney lost 0.3% to 7,337.40, while the Shanghai Composite shed 0.5% to 3,349.56. On Thursday, the S&P 500 fell 0.6% to 4,129.79 after drifting listlessly earlier this week. The Dow Jones Industrial Average slipped 0.3% to 33,786.62, while the Nasdaq composite dropped 0.8% to 12,059.56. Tesla weighed heavily on the market for a second straight day on worries about how much profit it’s making on each of its electric vehicles. It dropped 9.7% after reporting revenue for the first three months of the year that fell short of analysts’ expectations as it repeatedly cut prices on its models. Several banks also dropped after rep...

Poll: Biden 2024 splits Dems but most would back him in Nov.

Published Wed, 26 Feb 2025 07:17:34 GMT

WASHINGTON (AP) — Only about half of Democrats think President Joe Biden should run again in 2024, a new poll shows, but a large majority say they’d be likely to support him if he became the nominee.The poll by The Associated Press-NORC Center for Public Affairs Research shows that 26% of Americans overall want to see Biden run again — a slight recovery from the 22% who said that in January. Forty-seven percent of Democrats say they want him to run, also up slightly from only 37% who said that in January. The ambivalence among Democratic voters comes as Biden is preparing to formally announce his 2024 reelection campaign as soon as next week, according to people briefed on the discussions. The president has been eyeing Tuesday, April 25 — four years to the day since he entered the 2020 race — although no final decisions have been made. Despite the reluctance of many Democrats to see Biden run for another term, 78% of them say they approve of the job he’s doing as president. And a to...

The Big Weather Story Emerging is One Of Below Normal Temps

Published Wed, 26 Feb 2025 07:17:34 GMT

Temps are to average BELOW NORMAL each of the coming 14 days, which takes up well into the week after next.The chill this weekend will be noticeable with daytime highs not likely to move out of the 40s. It's likely to be the coolest weekend here in a week--one with temps averaging 20-degrees below those we saw last weekend and more than 11-degrees below normal.What's more ANY daytime heating sets the stage for cloud develop in what is to be a very unstable atmosphere with cold air aloft. Temps in such a situation drop faster than usual with height and this encourages air at the bottom of the atmosphere to become unstable and begin to rise and cool. The clouds which form in such an environment can be "convective" and capable of produce scattered instability showers in the warmer hours of the day. What's more, given temps as low as 20 degrees within a mile of the service, it wouldn't be surprising to see any spotty rain showers capable of being mixed with some small hail in spots.THE ...

Severe storms bring flash flooding, hail and tornado warnings

Published Wed, 26 Feb 2025 07:17:34 GMT

AUSTIN (KXAN) -- A complex of severe thunderstorms brought flash flooding and water rescues in north Austin, large hail to many communities, and Tornado Warnings in several counties. Storms continue south of Austin overnight, but will clear the area Friday after a quick early-morning sprinkle.Isolated storm development Thursday afternoon produced brief quarter-size hail in Leander. An evening cold front then brought the main event. Ping pong ball size hail was reported in Fredericksburg, Liberty Hill and La Grange as a lumbering complex of storms made its way southeastward. Storms stalled over north Austin dropping 4.64" in Walnut Creek in north Austin in less than 2 hours, 1.52" of which falls in 15 minutes. This prompted at least 8 water rescues in various north Austin locations. Walnut Creek surged to 23 feet deep, where two people were pulled from the creek. One other water rescue victim went to the hospital. 20-30 cars were stranded for some time at Highway 183 and Duval as peo...

Man describes getting caught in high water during north Austin flash floods

Published Wed, 26 Feb 2025 07:17:34 GMT

AUSTIN (KXAN) — As storms moved through Central Texas, parts of the area were hit with flash flooding. One Austin man spoke with KXAN’s Nabil Remadna about his experience getting stuck in the water near Duval Road and U.S. Highway 183 in north Austin. LIVE BLOG: ATCEMS responding to water rescues in north Austin “It just happened all of a sudden,” the man said. “I was coming down the exit ramp, and I had seen the car in front of me and they kept going. And basically, as I went along, it just got deeper and deeper, and there was no backing out of it.”He said his car eventually stalled out and it began floating away.“I've lived in this area for 10 years, and I've lived in Austin for 21. I've never seen this. I always thought it never would happen here—couldn't happen to us. We see it on the TV, and I know it sounds crazy, but it does.”He said he and everyone else who got stalled were OK, but that the situation was scary.“Physically, I think we're all OK. Everybody that got stalled—w...

BLOG: Storms move out of Central Texas

Published Wed, 26 Feb 2025 07:17:34 GMT

This blog is no longer being updated.(KXAN) -- Severe weather with the potential for hail is expected throughout Central Texas Thursday afternoon and evening.According to the KXAN First Warning Weather team, storms will initially carry a high risk for large hail, but as individual storms develop into a line the hail threat will transition to a straight-line wind risk. KXAN First Warning Weather forecast A Severe Thunderstorm Watch has been issued for all of Central Texas until 10 p.m. A Severe Thunderstorm Watch means conditions are favorable for the development of storms.Weather ResourcesHow to talk to your kids about severe weatherWatches vs Warnings: Understanding how a storm is madeTraffic mapLive Central Texas radarCentral Texas rainfall totalsDownload KXAN Weather AppSign up for KXAN daily forecast newsletter and severe weather alerts newsletterFollow along in our weather blog belowSevere weather live blog11:05 p.m.A complex of storms is moving across the I-35 corridor. Larg...

Avs bounce back from two-goal deficit to even series with Seattle Kraken on Devon Toews’ game-winning goal

Published Wed, 26 Feb 2025 07:17:34 GMT

In the aftermath of a lifeless playoff opener, Bo Byram was careful to differentiate this Avalanche team from last year’s squad.Those Stanley Cup champions? They responded to postseason losses with remarkable poise.“We’re not the same team as last year,” though, Byram pointed out to The Post as a quiet locker room emptied out after a Game 1 playoff loss. He and his teammates have grown tired of the constant comparisons to that title run. This team hadn’t proven anything yet in the face of adversity.This year’s Avalanche unlocked confidence in their ability to respond with a comeback 3-2 win over the Seattle Kraken on Thursday night at Ball Arena. Down 2-0 in the second period and staring at a potential 2-0 series deficit, the Avs found new energy. Their three consecutive goals were capped by Devon Toews’ game-winning rebound with 7:01 remaining in the third.And, as if the game needed any more drama, Colorado killed a penalty in the final thr...

Kraken-Avalanche Game 2 Quick Hits: Alexandar Georgiev’s leg, Devon Toews’ wrist drag Avs out of Stanley Cup ditch

Published Wed, 26 Feb 2025 07:17:34 GMT

Initial observations from the Avalanche’s 3-2 win over the Seattle Kraken in Game 2 of their first-round Stanley Cup playoff series.1. For Devon Toews, Game 2 redemption was sweetWhy are the Stanley Cup Playoffs the best postseason tourney in North American sports? Because a Game 1 goat can turn around and become a Game 2 GOAT. Enter Avs defenseman Devon Toews, whose nifty rebound wrister with 7:01 left in regulation gave the defending NHL champs the eventual game-winner and their first lead of the series. Just two nights earlier, the veteran blueliner’s sloppy pass led directly to a Seattle goal in a spirit-crushing, 3-1 defeat in Game 1. As a position group, Colorado’s defensemen still look rusty on the whole. But with Toews’ Thursday night laser and Cale Makar recovering from a slow start to pick up an assist and get into a rare scrap, they’re trending up as they hit road.2. Georgiev giveth, and, thankfully, taketh awayWhether he wants it or not, the game finds Avs netminde...

PHOTOS: Colorado Avalanche top Seattle Kraken in Game 2 of NHL Stanley Cup Playoffs

Published Wed, 26 Feb 2025 07:17:34 GMT

The Avalanche staged a comeback 3-2 win over the Seattle Kraken on Thursday night at Ball Arena. Down 2-0 in the second period and staring at a potential 2-0 series deficit, the Avs found new energy. Their three consecutive goals were capped by Devon Toews’ game-winning rebound with 7:01 remaining in the third.And, as if the game needed any more drama, Colorado killed a penalty in the final three minutes as Seattle emptied the net.The series moves to the Emerald City for Game 3 — the Kraken’s first home playoff game in franchise history — on Saturday.Click here to read more about tonight’s game.

Warriors bounce back in Game 3, cruise to win vs. Kings without Draymond Green

Published Wed, 26 Feb 2025 07:17:34 GMT

SAN FRANCISCO — Stephen Curry paused after he buried a 3-pointer early in the fourth and pumped his chest Thursday night. Moments later, Donte DiVincenzo picked off the Kings and pushed the ball up the court, with the Warriors’ possession ending with a thunderous dunk by Jonathan Kuminga and a roar from the gold-clad crowd at Chase Center. The Warriors looked like the team they were pegged to be at the beginning of the season. They were locked in on both ends of the floor, made smarter decisions with the ball and were aggressive on the glass. With Warriors superfan and Bay Area rapper E-40 sitting in his usual baseline seats near the team’s bench, Curry’s 36 points and Kevon Looney’s 20 rebounds and nine assists led the Warriors to a 114-97 win and gave Golden State the chance to even the series with Game 4 this weekend. With Draymond Green serving a suspension and Gary Payton II out sick, the Warriors were facing a tough task of containing the Kings...