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Winter's Dawn: Celebrating the Solstice

The Winter Solstice, which occurred on December 21st, marks the shortest day and longest night of the year, signaling the official start of winter. Mary Walrath-Holdridge and Julia Gomez from USA TODAY explore the significance of this astronomical event and how it is celebrated across different cultures. The solstice, occurring when the North Pole is tilted furthest away from the sun, brings the least amount of daylight and the longest night. This year, the solstice fell on December 21st at 4:21 a.m. EST, marking the astronomical beginning of winter in the Northern Hemisphere. Historically, the Winter Solstice has been a time of celebration and reflection. Ancient civilizations, such as the Romans with their Saturnalia festival and the Norsemen with their bonfires, honored the return of the sun and the promise of longer days ahead. Today, people continue to observe the solstice with various traditions, including gatherings, feasts, and rituals that pay homage to the natural cycles of l...
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Stock Market Rebounds After 3-Day Rout: Tech Stocks Lead the Way

US stocks are poised for a rebound after a three-day rout that wiped out a significant portion of this year’s gains. Here are the key highlights:

  • Futures Surge: Futures tied to the S&P 500 (ES=F) are up 0.9%, while Nasdaq futures (NQ=F) rose 1%. Dow Jones Industrial Average futures (YM=F) also climbed 0.8%.

  • Monday’s Plunge: Stocks suffered heavy losses on Monday due to fresh concerns about the US economy and labor market. The S&P 500 had its worst day since 2022, capping its worst start to any month since 2002.

  • Early Signs of Recovery: Despite the recent volatility, early signs point to a recovery. Major tech stocks, including Nvidia (NVDA), Tesla (TSLA), Microsoft (MSFT), and Meta (META), are showing gains today.

  • Cryptocurrencies Bounce Back: Bitcoin (BTC-USD) is up 7%, crossing the $55,000 level again.

  • Fed Pressure: The Federal Reserve remains a key factor. Traders expect a 50-basis-point rate cut at the next meeting.

The coming days will provide crucial signals for the market’s direction. 

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