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Auckland Lights Up the Sky: Welcoming 2025 with Spectacular Fireworks and Light Show

  As the clock struck midnight on December 31, 2024, Auckland became the first major city to welcome 2025 with a breathtaking display of fireworks and a vibrant light show. Thousands of revelers gathered in the downtown area and atop the city's iconic volcanic peaks to witness the dazzling spectacle. The fireworks, launched from the towering Sky Tower, painted the night sky with vibrant colors, while the light show paid tribute to Auckland's Indigenous tribes. This celebration follows a year marked by significant protests over Māori rights in New Zealand. Auckland's early celebration, 18 hours ahead of New York's Times Square ball drop, set the stage for a global wave of New Year's festivities. In Australia, over a million people are expected at Sydney Harbor for their traditional fireworks, while other cities around the world are gearing up to ring in the new year with their unique cultural celebrations. As the world continues to embrace 2025, Auckland's specta...

Stock Markets Today: October 4, 2023 . How Wall Street bounced back from a slump


                                

Wall Street recovered some of its losses on Wednesday, thanks to easing bond yields and lower oil prices. The S&P 500 rose 0.8%, after hitting a four-month low on Tuesday. The Dow Jones Industrial Average gained 0.4%, while the Nasdaq composite outperformed with a 1.4% increase. Stocks have been under pressure from soaring Treasury yields, which make borrowing more expensive and reduce the appeal of stocks. The yield on the 10-year Treasury fell to 4.73% from 4.80% on Tuesday, following reports of weaker-than-expected hiring and slower growth in the services sector. These reports suggested that the U.S. economy may be cooling down, which could ease inflation fears and persuade the Federal Reserve to be more cautious with interest rate hikes. The Fed has already raised its main interest rate to the highest level since 2001, and signaled that it may keep it higher next year than previously anticipated.

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