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The US market opened lower on Thursday, December 26, as Wall Street witnessed investors sticking with their existing portfolio, contributing to lighter trading volumes. At 9:30 am (EDT), the stock markets for the United States opened lower, with the Dow Jones Industrial Average dropping 0.22 per cent to 43,201.85 points, compared to 43,297.03 points at Tuesday's market close. The stock market was closed on account of the Christmas holiday on Wednesday, December 25. Dow Jones stocks Even though the index opened lower, the top gainers for the early trading session were Boeing Co., Honeywell International Inc., UnitedHealth Group Inc., Verizon Communications, Walt Disney Co., Apple Inc., Procter and Gamble Co., 3M Co., Johnson and Johnson, Nike Inc., International Business Machines Corp., Merch & Co. Inc., American Express Co., McDonald's Corp, and Amgen. Home Depot Inc., Amazon.com Inc., Coca-Cola Co., Goldman Sachs Group Inc., Nvidia Corp., Sherwin-Williams Co., Salesforce Inc., Walmart Inc., Caterpillar Inc., JPMorgan Chase & Co., Microsoft Corp., Cisco Systems Inc., Visa Inc., Travelers Cos. Inc., and Chevron Corp were amongst the top losers, in the early session. S&P 500 The S&P 500 index opened 0.25 per cent lower at 6,024.97 points on Thursday, compared to its previous close of 6,040.04 points. Companies like Walgreens Boots Alliance Inc., CVC Health Corp., Target Corp., Lamb Weston Holdings Inc., Broadcom Inc., Starbucks Corp., Ulta Beauty Inc., FedEx Corp., Dollar Tree Inc., and Best Buy Co. Inc. were the early trade gainers of the day. Other stocks include Fair Isaac Corp., Netflix Inc., Pool Corp., Williams Cos., Targa Resources Corp., GE Vernova Inc., Tesla Inc., Axon Enterprise Inc., Cintas Corp., and Royal Caribbean Group were the top laggards, according to Marketwatch data. Nasdaq Composite The Nasdaq Composite opened 0.26 per cent lower at 19,979.251 points, compared to 20,031.13 points in the previous market session. SKK Holdings Ltd., Millenium Group International Holdings Ltd., SciSparc Ltd., Zoomcar Holdings Inc., Palladyne AI Corp., SEALSQ Corp., Coeptis Therapeutics Holdings Inc., reAlpha Tech Corp., TruGolf Holdings Inc., and Color Start Technology Co Ltd. were the early trade gainers. While, Kidpik Corp., Molecular Templates Inc., Baosheng Media Group Holdings Ltd., SaverOne 2014 Ltd., Neuphoria Therapeutics Inc., Direct Digital Holdings Inc., Hour Loop Inc., Meiwu Technology Co. Ltd., and Brera Holdings PLC were the losers for the day.Stock market today: Rising tech stocks pull Wall Street to another record
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Secretary of State Sarah Godlewski and state Treasurer John Lieber present a large check to educators to represent the $70 million disbursement from the Common School Fund to public school libraries across state. (Courtesy of Secretary of State Sarah Godlewski) Wisconsin school libraries and media resources will receive a record $70 million in funding from the Board of Commissioners of Public Land, Secretary of State Sarah Godlewski announced Thursday. The agency’s contribution from the Common School Fund breaks the record for largest ever provided, which was set last year when the BCPL provided $65 million from the fund. “I’m proud of our record-breaking distribution. It comes at a time when schools are being asked to do more with less, and our strategic investments and collaborative efforts are making a difference to ensure that every student—no matter where they live—has access to the books, technology, and tools they need to succeed,” Godlewski said in a statement. The BCPL manages state trust funds created as Wisconsin sold off millions of acres of land granted to the state government in the 19th century. The agency also manages timber sales for 77,000 acres of land still under state control. The Common School Fund is the “only dedicated funding source for many of Wisconsin’s public school libraries,” according to a news release. The amount of funds provided to school libraries through the fund has substantially increased in recent years. In 2020, libraries received $38.2 million through the fund. “Today’s milestone reflects the dedication of our team and the strategic investments we’ve made to ensure the fund continues to grow for future generations,” Godlewski said. “We’ve diversified hundreds of millions of dollars to include Wisconsin-based venture funds that support new and growing businesses. This is a win-win for our state: the Common School Fund bolsters Wisconsin’s economy, and the financial returns directly support our schools and libraries, reinforcing our commitment to educational excellence and opportunity.” At an event in Brown Deer Thursday afternoon, Godlewski, state Treasurer John Leiber and educators celebrated the learning resources the money will be able to provide. “Without the support from the common school funds, many school libraries would not have the necessary resources to stay up-to-date and provide the digital resources necessary for our students’ continued learning. The BCPL work ensures that these schools are not left behind, and that all students in Wisconsin, no matter their background, have access to the educational opportunities they deserve,” said Wisconsin Educational Media and Technology Association President Jennifer Griffith. Funds disbursed through the BCPL have been criticized in recent years because the land provided to the state by the federal government in the 1800s was taken from the state’s Native American tribes. In February, data collected by the non-profit media outlet Grist showed that funds disbursed through the BCPL’s Normal School Fund to the state’s public universities came from profits made from land taken largely from the Ojibwe tribe, the Wisconsin Examiner reported . SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
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