Wall Street indexes end higher, helped by Tesla, megacap growth: Trending news in brief, 7/3
Wall Street indexes end higher, helped by Tesla, megacap growth
(Reuters) — Wall Street’s main stock indexes closed higher on Tuesday, boosted by gains in Tesla and megacap growth stocks, but volumes were thin ahead of the July Fourth holiday and the closely watched release of June nonfarm payrolls on Friday. The U.S. job openings and labor turnover survey, or JOLTS, showed job openings increased in May after posting outsized declines in the prior two months, but layoffs picked up amid slowing economic activity. The data is the first in this week’s series of U.S. job reports, particularly Friday’s release of June nonfarm payrolls, which will be crucial in assessing whether the U.S. labor market remains resilient against the backdrop of decades-high interest rates.
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RFK Jr. has ‘skeletons in closet’ after sexual assault allegation
NEW YORK (Reuters) — Independent U.S. presidential candidate Robert F. Kennedy Jr. said on Tuesday he has “so many skeletons in my closet,” when asked about an allegation in a Vanity Fair article that he sexually assaulted a former family babysitter. Kennedy also denied a picture of him posing with the barbecued carcass of a large animal – which Vanity Fair said appeared to be a dog – belonged to a canine. He said it was the carcass of a goat. Vanity Fair said Kennedy texted the photo to a friend last year, saying the friend might enjoy a restaurant in Korea that served dog on the menu.
Trump demands feds drop criminal cases after ‘SPANKING’
(TNS) — Former President Donald Trump Tuesday demanded that all the criminal cases against him be dropped after the Supreme Court delivered what he called a “high-level SPANKING” of Special Counsel Jack Smith. Continuing his victory lap after the conservative justices gave him a big victory, Trump called on Attorney General Merrick Garland to order an end to the prosecutions for seeking to overturn the 2020 election and improperly taking hundreds of classified documents to his Mar-a-Lago estate. “The Supreme Court gave (Smith) a high level SPANKING!” Trump wrote after midnight Tuesday on his social media site. “Garland ought to call an end to this never ending hoax, and let people focus on bringing back greatness to America.”
UNLV gunman had erectile dysfunction meds in system
(TNS) — A former professor was on pain killers and medication for erectile dysfunction when he gunned down three people at the University of Nevada-Las Vegas. Anthony Polito had 84 nanograms per milliliter of tadalafil, also known as Cialis, and 15 nanograms per milliliter of oxycodone in his bloodstream when he carried out the mass shooting late last year, the Las Vegas Review Journal reported, citing his autopsy report. A typical dose of oxycodone prescribed to adults is between five and 10 milligrams every six hours. according the Mayo Clinic.
LA to pay $21M over botched fireworks detonation by police
LOS ANGELES — Three years after Los Angeles police blew up a South L.A. neighborhood while detonating a cache of fireworks, the city will pay more than $21 million to resolve the claims of many residents who were displaced and are still living in a hotel. The City Council unanimously approved settlements with more than a dozen residents on Tuesday, days after the anniversary of the June 30, 2021, blast.
