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NEW YORK , Dec. 9, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") is clarifying the float-adjusted liquidity ratio (FALR) eligibility criteria used in the S&P U.S. Indices and Dow Jones U.S. Total Stock Market Indices Methodologies. No constituent changes for any U.S. companies currently in the S&P Composite 1500 indices or Dow Jones U.S. Total Stock Market indices will occur, as this simply clarifies and provides more transparency to the existing FALR rule. Current Updated A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and U.S. consolidated volume (excluding dark pools), annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and all publicly reported U.S. consolidated volume (excluding dark pools) , annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. The below excerpt is the full U.S. Liquidity criteria language, including the clarification: Liquidity. A float-adjusted liquidity ratio (FALR), defined as the annual dollar value traded divided by the float-adjusted market capitalization (FMC), is used to measure liquidity. Using composite pricing and all publicly reported U.S. consolidated volume, annual dollar value traded is defined as the average closing price multiplied by the historical volume over the 365 calendar days prior to the evaluation date. This is reduced to the available trading period for IPOs, spin-offs or public companies considered to be U.S. domiciled for index purposes that do not have 365 calendar days of trading history on a U.S. exchange. In these cases, the dollar value traded available as of the evaluation date is annualized. Eligibility differs depending on the index: IMPACTED INDICES Index Name Index Codes S&P Composite 1500 Index 1500 S&P 500 500 S&P 400 400 S&P 600 600 Dow Jones U.S. Total Stock Market Index DWCF IMPLEMENTATION TIMING The clarification is effective today, Monday, December 9, 2024 . Please note that the S&P U.S. Indices Methodology and Dow Jones U.S. Total Stock Market Indices Methodology on S&P DJI's website are updated with the clarified language. For more information about S&P Dow Jones Indices, please visit www.spglobal.com/spdji . ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji . FOR MORE INFORMATION: S&P Dow Jones Indices index_services@spglobal.com Media Inquiries spdji.comms@spglobal.com View original content: https://www.prnewswire.com/news-releases/sp-dow-jones-indices-float-adjusted-liquidity-ratio-clarification-for-certain-us-indices-302326759.html SOURCE S&P Dow Jones Indices
SentinelOne (NYSE:S) Reports Q3 In Line With Expectations But Stock Drops 10.7%
Friday Local Scores (Nov. 22) And Saturday ScheduleRobert F. Kennedy Jr.’s false claims linking autism to childhood vaccinations are receiving new scrutiny now that President-elect Donald Trump has selected him to lead the Department of Health and Human Services, a sprawling agency with a budget of $1.7 trillion that oversees research into both autism and vaccines. The myth that autism is caused by childhood vaccines — proposed in 1998 by a British doctor who was later banned from practicing medicine in the United Kingdom — has been thoroughly debunked . Hundreds of studies have found vaccines to be safe . The World Health Organization estimates that over the past 50 years, immunizations have saved 154 million lives around the world. Kennedy, who espouses a number of health-related conspiracy theories , has pointed to vaccines to explain the substantial rise in autism diagnoses in recent decades, which have ballooned from an estimated 1 in 150 children in 2000 to 1 in 36 today. Research suggests that much of that increase is due to increasing awareness and screening for the condition; changing definitions of autism to include milder conditions on the spectrum that weren’t recognized in previous years; as well as advances in diagnostic technology. “For a very long time, the anti-vaccine movement has been exploiting families of autistic people, promoting a market for pseudo-scientific treatments that don’t provide the answers they’re looking for and that can expose autistic people to real harm,” said Ari Ne’eman, co-founder of the nonprofit Autistic Self Advocacy Network and an assistant professor of health policy and management at the Harvard T.H. Chan School of Public Health. “More discredited conspiracy theories linking autism and vaccines are not the answer.” Timothy Caulfield, research director at the University of Alberta’s Health Law Institute in Canada, who studies health misinformation, said that people often are more willing to believe conspiracy theories about conditions such as autism, whose causes are complex and not fully understood, than diseases with clear causes. People seem less inclined to speculate, for example, about alternative explanations for Down syndrome, which causes intellectual disabilities and has long been known to be caused by an extra copy of chromosome 21. “It’s really a shame because there are vulnerable families [of people with autism] who need our support,” said Judith Miller, a clinical psychologist and senior scientist and training director at the Center for Autism Research at Children’s Hospital of Philadelphia. “Every dollar and hour spent trying to debunk a conspiracy theory is a dollar and an hour lost that could have been spent trying to understand how to help families.” A complex condition Finding the causes of autism is complicated, because it’s not a single disorder, said Manish Arora, a professor of environmental medical and climate science at the Icahn School of Medicine at Mount Sinai in New York. “Autism is a spectrum, not a single narrow disease,” Arora said. “It’s many, many things under one umbrella.” Although people diagnosed with autism often have similar strengths and challenges, “there are many paths to autism and many presentations of autism,” Miller said. Scientists have found a variety of risk factors for autism — most of which exist before birth — but there is no single cause for a neurological and developmental condition that affects how people interact with others, communicate, learn and behave. A number of the traits sometimes seen in people with autism — such as being sensitive to loud noises, for example, or finding it difficult to interpret social cues — are also found in people who have not been diagnosed with autism. Doctors diagnose autism based on a person’s behavior, noting that there is no simple test for the condition, as there is for Covid or diabetes, said Arora, founder and CEO of a start-up company that researches biomarkers for autism and other neurological conditions. Finding the cause of an infectious disease — such as influenza, which is caused by the flu virus — is much more straightforward. While researchers continue to study the factors that influence the development of autistic traits, “the one thing we know doesn’t cause autism is vaccines,” said Catherine Lord, a psychologist and researcher at the Center for Autism Research and Treatment at the UCLA David Geffen School of Medicine. Genetic vulnerability Doctors have long known that genes play a large role in autism, simply by noting that autism can run in families. For example, in identical twins — who share all of their DNA — if one twin has autism, the other usually does, as well. In the case of fraternal twins — who share about half their DNA — if one fraternal twin has autism, the chance that the other will have autism ranges from 53% to 67%, according to an analysis of research studies. Scientists have identified more than 100 genes related to autism, Miller said, and genes are believed to play a role in 60% to 80% of cases. “The genetics of autism have never been better understood,” said Dr. Gregory Cejas, medical director of the Autism Clinical Center and Fragile X Clinic at the Washington University School of Medicine. “We’re making leaps and bounds about known genetic causes of autism.” Yet genes clearly don’t explain every case of autism. Autism is very different from conditions like sickle cell anemia or cystic fibrosis, which are caused by a single gene. Scientists believe that people develop autistic traits due to a combination of genetic vulnerability and environmental exposures, Lord said. “People have found many, many different genetic patterns associated with autism, but none of them are only associated with autism and none of them are always associated with autism,” Lord said. For example, fragile X syndrome — caused by a mutated gene on the X chromosome — is the most common known cause of autism. But only a fraction of children with the genetic mutation actually develop autism, Miller said. It’s possible that this mutation leaves some people more vulnerable to developing autistic characteristics, while others with the same mutations don’t develop autistic traits, because they are shielded by protective factors that have not yet been identified. Some people blamed the measles-mumps-rubella vaccine with autism because symptoms of the condition often occur at around 12 to 15 months of age, the same time toddlers get that immunization. But Miller notes that “most of the genetic conditions that affect our life and health aren’t apparent at birth. Symptoms or characteristics won’t show up until later, but the genetic code will have been with us the whole time.” Prenatal vulnerability Many of the known risk factors for autistic characteristics occur before birth or at the time of delivery, Arora said. Babies who experience complications at birth , such as their umbilical cord becoming wrapped around their neck, have a higher risk of autism. So do babies born prematurely , perhaps because of something that happened in the womb. Children are more likely to be diagnosed with autism if they have older fathers and possibly if they have older mothers, Miller said. It’s not clear if something in the biology of older parents causes a child to have a higher risk of autism, or if socioeconomic issues could play a role. It’s possible that older parents have better access to health care, making it more likely for their child to receive an autism diagnosis. A mother’s health influences her child’s autism risk in several ways, according to multiple studies: Children have a greater chance of being diagnosed with autism if their mothers were exposed to high levels of air pollution or developed a serious infection , such as the flu or pneumonia, while pregnant. While Ne’eman, of the Autistic Self Advocacy Network, said he’s not opposed to basic biological research on autism or its causes, he said those studies do little to help people with autism overcome the barriers they face in their everyday lives. He notes that only 8.4% of the $419 million spent on autism research in the United States is devoted to support and services for people with autism. “We need an autism research agenda,” he said, “that reflects the true priorities of autistic people and our families: supports across the lifespan and inclusion in the community.”
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Viggo Wanted Back For New “Gollum” FilmSeibert misses an extra point late as the Commanders lose their 3rd in a row, 34-26 to the Cowboys LANDOVER, Md. (AP) — Austin Seibert missed his second extra point of the game with 21 seconds left after Washington’s Jayden Daniels and Terry McLaurin connected on an 86-yard touchdown, Dallas’ Juanyeh Thomas returned the ensuing onside kick attempt for a touchdown, and the Cowboys pulled out a 34-26 victory Sunday that extended the Commanders’ skid to three games. Seibert was wide left on the point-after attempt following a bad snap. On the ensuing onside kick attempt, Juanyeh Thomas returned it 43 yards for a touchdown as the Cowboys ended their losing streak at five in improbable fashion. Earlier in the fourth quarter, KaVonte Turpin returned a kickoff 99 yards for a TD. Patrick Mahomes and Chiefs win at the buzzer again, topping Panthers 30-27 on Shrader's field goal CHARLOTTE, N.C. (AP) — Patrick Mahomes threw for 269 yards and three touchdowns, Spencer Shrader kicked a 31-yard field goal as time expired and the Kansas City Chiefs beat the Carolina Panthers 30-27 to reach double-digit wins for the 10th straight season. The Chiefs bounced back from last week’s 30-21 loss at Buffalo and won at the buzzer yet again in a season of narrow escapes. Noah Brown caught two TD passes and DeAndre Hopkins also had a touchdown catch. Bryce Young finished 21 of 35 for 262 yards and a touchdown for the Panthers, who had their two-game winning streak snapped. From Maui to the Caribbean, college hoops' Thanksgiving tournaments a beloved part of the sport College basketball is ready for its Thanksgiving Week closeup. The schedule is full of early season tournaments that could create buzzworthy marquee matchups. And many of those come in warm-weather locations. The Maui Invitational in Hawaii turns 40 years old this year. It opens Monday with a field that includes two-time reigning national champion and second ranked UConn. The Battle 4 Atlantis men's tournament in the Bahamas opens Wednesday. It has a field topped by No. 3 Gonzaga. There are also multiple women's events in the Bahamas featuring ranked teams, including the fourth Atlantis women's tournament. AP Top 25: Alabama, Mississippi out of top 10 and Miami, SMU are in; Oregon remains unanimous No. 1 Alabama and Mississippi tumbled out of the top 10 of The Associated Press college football poll and Miami and SMU moved in following a chaotic weekend in the SEC. Oregon is No. 1 for the sixth straight week and Ohio State, Texas and Penn State held their places behind the Ducks. The shuffling begins at No. 5, where Notre Dame returned for the first time since Week 2 after beating Army for its ninth straight win. No. 6 Georgia and No. 7 Tennessee each moved up two spots. Miami, SMU and Indiana round out the top 10. Thitikul finishes eagle-birdie to win CME Group Tour Championship and claim record $4M prize NAPLES, Fla. (AP) — Down by two shots with two holes to play, Jeeno Thitikul knew exactly what was needed to capture the biggest prize in women’s golf history. And a eagle-birdie finish for the second straight day made it happen. Thitikul claimed the record-setting $4 million first-place check by winning the CME Group Tour Championship on Sunday. It was the biggest money prize in women’s golf history. Thitikul shot a 7-under 65 on Sunday and finished the week at 22 under, one shot ahead of Angel Yin (66). Yin had a two-shot lead walking to the 17th tee, only to wind up settling for the $1 million runner-up check. Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup title MALAGA, Spain (AP) — Jannik Sinner clinched Italy's second consecutive Davis Cup title and capped his breakthrough season at the top of tennis by beating Tallon Griekspoor 7-6 (2), 6-2 for a 2-0 win over the Netherlands in the final of the team competition in Malaga, Spain. Matteo Berrettini won Sunday's opening singles match 6-4, 6-2 against Botic van de Zandschulp. The Italians are the first country to win the Davis Cup twice in a row since the Czech Republic in 2012 and 2013. The No. 1-ranked Sinner stretched his unbeaten streak in singles to 14 matches and 26 sets. Netherlands reached the Davis Cup final for the first time. Verstappen still manages to win 4th straight F1 title in one of worst seasons of his Red Bull career LAS VEGAS (AP) — Max Verstappen won an unbelievable 19 races last season that included an incredible streak of 10 in a row in what would arguably go down as one of the greatest years in Formula 1 history. And yet it is this year’s eight-win season — his lowest victory total since 2020 — that Verstappen considers a career-defining campaign. Those eight wins were enough to win him a fourth consecutive F1 championship on Saturday night with his easy drive at the Las Vegas Grand Prix. The championship made Verstappen only the sixth driver in F1 history to win four or more titles. Maverick McNealy birdies the last hole at Sea Island to finally become PGA Tour winner ST. SIMONS ISLAND, Ga. (AP) — Maverick McNealy is finally a winner on the PGA Tour, and it took a shot he won't soon forget. McNealy was part of a four-way tie for the lead when he drilled a 6-iron to 5 feet on the final hole at Sea Island for birdie and a 68. That gave him a one-shot victory over Daniel Berger, Nico Echavarria and Florida State sophomore Luke Clanton. Berger and Henrik Norlander moved into the top 125 to keep full PGA Tour cards for next year. Clanton continued to show his promise. It was his second runner-up finish and fourth top 10 this year. When Harbaugh brothers meet for 3rd time Monday, Archie Manning can relate to Jack Harbaugh EL SEGUNDO, Calif. (AP) — Archie Manning can empathize with what Jack Harbaugh will be going through again on Monday night. For the first time in 11 years, the 85-year-old patriarch of the Harbaugh family has to be a neutral observer with Jim’s Los Angeles Chargers hosting John’s Baltimore Ravens in the third matchup between the coaching brothers. John Harbaugh has won the previous two matchups. Manning, more than anyone, knows the attention and conflicting emotions of these games. He had to go through it three times when his sons, quarterbacks Peyton and Eli Manning, faced off. Jack and Jackie Harbaugh attended the first two meetings but will not be at Monday’s game. Salah double sends Liverpool 8 points clear in Premier League as United draws first game with Amorim Mohamed Salah has sent Liverpool eight points clear in the Premier League by scoring twice to help his team rally to a 3-2 win over Southampton. It was a 10th victory in 12 league games for Liverpool, which took advantage of defending champion Manchester City’s 4-0 loss at home to Tottenham on Saturday. Salah scored in the 65th and 83rd minutes. Only Manchester United’s class of 1993-94 has had a larger lead than Arne Slot’s Liverpool at this stage of a Premier League campaign. Ruben Amorim is trying to recreate those glory days and his first game in charge of United ended in a 1-1 draw at Ipswich. Marcus Rashford scored after 81 seconds for United.
By MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | Ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Veteran Daniel Penny, acquitted in NYC subway chokehold, will join Trump’s suite at football game The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.