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Holiday Ginger Cookies Recipe

  Ingredients: - 2 1/4 cups all-purpose flour - 2 tsp ground ginger - 1 tsp baking soda - 1 tsp ground cinnamon - 1/2 tsp ground cloves - 1/4 tsp salt - 3/4 cup unsalted butter, softened - 1 cup granulated sugar - 1 large egg - 1 tbsp water - 1/4 cup molasses - 1/4 cup additional granulated sugar for rolling Instructions: 1. Preheat Oven: Preheat your oven to 350°F (175°C). Line baking sheets with parchment paper. 2. Combine Dry Ingredients: In a medium bowl, whisk together the flour, ginger, baking soda, cinnamon, cloves, and salt. 3. Cream Butter and Sugar: In a large bowl, using an electric mixer, beat the butter and 1 cup of sugar until light and fluffy. Add the egg, water, and molasses, and beat until well combined. 4. Mix Ingredients: Gradually add the dry ingredients to the wet ingredients, mixing until just combined. 5. Form Dough Balls: Roll the dough into small balls, about 1 inch in diameter. Roll each ball in the additional granulated sugar to coat. 6. Bake: Place the...
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Stock Market Update: Earnings Season Sparks Volatility

 

As the trading week kicks off, US stock futures are on a slippery slope, with investors closely monitoring corporate earnings reports. Here’s a snapshot of what’s happening in the financial world:

1. Earnings in Focus

Investors are keeping a keen eye on earnings announcements from major US retailers. Walmart and Home Depot are stepping into the spotlight. Walmart, often considered a bellwether for consumer spending, will provide valuable insights into the health of the US economy. Meanwhile, Home Depot’s results hint at consumer demand amid persistent inflation concerns. The recent data has challenged the notion of a smooth economic recovery, leading to cautious optimism.

2. Nvidia’s Turning Point

Wednesday’s earnings report from Nvidia, a tech giant specializing in AI-focused chips, looms large. As one of the market’s megacap stocks, Nvidia’s performance could sway overall sentiment. Investors are hoping for positive news, but any shortfall might trigger broader stock market pullbacks.

3. Discover Financial Services Acquisition

Discover Financial Services shares surged nearly 13% in premarket trading after news broke that Warren Buffett-backed Capital One plans to acquire the credit card issuer in a $35 billion deal. If successful, this merger would create the sixth-largest US bank by assets.

4. China’s Property Crisis and Rate Cuts

China’s central bank made a record cut to its key mortgage rate in an effort to address a worsening property crisis. The move adds to the muted mood in global markets.

Market Indices

  • Dow Jones Industrial Average (DJIA): 38,627.99 (-0.37%)
  • S&P 500 (S&P): 5,005.57 (-0.48%)
  • NASDAQ Composite (NASDAQ): 15,775.65 (-0.82%)


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