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2025-01-23   Author: Hua Erjun    Source: http://admin.turflak.no/cpresources/twentytwentyfive/
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STATE COLLEGE, Pa. (AP) — Penn State players have watched Ashton Jeanty make opponents look silly all season. They don't want to be the next defenders Boise State’s star posterizes with jukes, spin moves, stiff arms and heavy shoulders. But they also know that slowing down Jeanty, who finished second in Heisman Trophy voting , will be their toughest task yet when the two teams meet in the College Football Playoff quarterfinal Fiesta Bowl on Dec. 31. “In any other year, I think the guy wins the Heisman,” Penn State coach James Franklin said. “You could make the argument that he should have won it this year. He is hard to tackle. He is compact, 5-(foot)-10, he has the ability to run away from you. He has the ability to make you miss.” Jeanty led the nation with 2,497 rushing yards on 344 carries this season. He scored more touchdowns (30) than any player since Najee Harris scored 30 times with Alabama in 2020. Additionally, Jeanty’s yards after contact (1,889) exceed every FBS running backs’ rushing total since Oklahoma State’s Chuba Hubbard led the NCAA with 2,094 total rushing yards in 2019. Jeanty also forced an NCAA-record 143 missed tackles this season. The junior did it all behind an offensive line that has been forced to shuffle its parts in the wake of numerous injuries. Only left tackle Kage Casey and left guard Ben Dooley have started every game up front for the Broncos this season. “He’s a beast in terms of his production on the field, but then also his durability,” Franklin said. “There’s not too many people that are able to get clean shots on him. All of it is super impressive. But I think the stat that I mentioned earlier, the most impressive stat is the yards after contact.” This could be Jeanty’s biggest challenge to date, too. Although he’s helped Boise State churn out 250 rushing yards per game, good for fifth among FBS programs, the Nittany Lions are well stocked to defend the run. Their defense is seventh nationally allowing just 100 rushing yards per game and has tightened up down the stretch. In its last six games, Penn State is allowing just 2.7 yards per rush and has only given up three rushing touchdowns, two coming in the Big Ten championship game against No. 1 Oregon. “They’ve had our backs throughout the whole year,” Penn State quarterback Drew Allar said. “They have made me a lot better throughout the year, just going against the best defense in America and just glad I got to go against them every day in practice and not against them out on the field in a game setting.” In the opening round of the CFP, Penn State held SMU to just 58 rushing yards on 36 carries. Meanwhile, the Nittany Lions notched 11 of their 50 tackles for loss over the last six games against the Mustangs. Most of those came from a defensive line that regularly rotates run-stuffing tackles Zane Durant, Dvon J-Thomas and Coziah Izzard between dynamic ends Abdul Carter and Dani Dennis-Sutton. Carter alone has 21 1/2 of his team’s 102 stops behind the line of scrimmage this year. He's hoping to add a few against Jeanty and stay off the star back's own long-running highlight reel. “I’m living in my dreams,” Carter said. “I’m having the most fun I ever had playing football and I’ve been playing since I was 8 years old. I’m very blessed. I’m just very humbled to have this opportunity. I just want to keep taking advantage of all the opportunities that I have.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-footballNoneStocks climbed on Monday as tech rallied and investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer. The S&P 500 ( ^GSPC ) gained 0.7%, while the tech-heavy Nasdaq ( ^IXIC ) rose almost 1%. The Dow Jones Industrial Average ( ^DJI ) erased earlier losses to edge almost 0.2% higher. Semiconductor stocks gained, as shares of chipmakers Nvidia ( NVDA ) and Broadcom ( AVGO ) rose more than 3% and 5%, respectively. Robust gains from social media platform Meta ( META ) and EV giant Tesla ( TSLA ) also helped lead the broader market higher. Wall Street is coming off an upbeat Friday but a downbeat — and volatile — week , with all three major averages up above 1% Friday but down around 2% for the week. The Fed played the part of the Grinch, signaling that it will step back its pace of cutting next year, leading stocks to one of the worst days of the year on Wednesday. On Friday, however, the Fed's preferred inflation gauge, the Personal Consumption Expenditures index, showed further cooling on the inflation front — if still some stickiness. Still, the lone dissenter of the Fed's move to cut last week said she voted against cutting rates because "there is more work to do on inflation." For now, according to the CME FedWatch tool, investors are betting on the Fed holding rates steady next month. For its subsequent meeting in March, bets are about 50-50 on a cut vs. a hold. In economic data, US consumer confidence in December tumbled in its largest month-over-month decline since November 2020 amid Americans' growing uncertainty over the economic outlook in the year ahead. But overall, this week's light schedule will provide a bit of a breather and a chance for Wall Street to digest and reflect heading into 2025. Markets will close at 1 p.m. ET on Tuesday, followed by Wednesday's Christmas holiday. The Nasdaq ( ^IXIC ) led the market higher on Monday as tech stocks gained during a shortened trading week. The tech-heavy index climbed almost 1% while the S&P 500 ( ^GSPC ) rose 0.7%. Semiconductor stocks climbed, with shares of AI chip heavyweight Nvidia ( NVDA ) gain more than 3% while Broadcom ( AVGO ) and Taiwan Semiconductor ( TSM ) rallied. Gains in shares of social media platform Meta ( META ) and EV giant Tesla ( TSLA ) also helped lift the Nasdaq and S&P 500. The Dow Jones Industrial Average (^ DJI ) spent most of the session in red territory but managed to close up nearly 0.2%. The 10-year Treasury (^ TNX ) climbed as much as 7 basis points to 4.6% during the session. In economic data, Consumer Confidence in December registered the biggest month-over-month decline since November of 2020. The stock market will close at 1 p.m. ET on Tuesday, followed by Wednesday's Christmas holiday. The Dow Jones Industrial Average (^ DJI ) struggled to lift above the flatline on Monday, weighed by shares of Walmart ( WMT ). The retail giant fell as much as 3% during the session after the Consumer Financial Protection Bureau (CFPB) sued the company along with Branch Messenger, claiming they illegally forced "delivery drivers to use costly deposit accounts" to get paid. Other Dow laggards on Monday included software giant Microsoft ( MSFT ) and sport apparel maker Nike ( NKE ). Shares of video-sharing platform Rumble ( RUM ) extended session gains to as much as 100% Monday afternoon following a $775 million investment from crypto firm Tether ( USDT-USD ). "Tether's investment in Rumble reflects our shared values of decentralization, independence, transparency, and the fundamental right to free expression," Paolo Ardoino, CEO of Tether, said on Friday when the strategic partnership was announced. Rumble shares opened more than 40% higher on Monday. By afternoon trading the stock had soared to its highest level since 2022. Yahoo Finance's Ben Werschkul reports: Elon Musk wants more Democrats involved in the nascent Department of Government Efficiency (DOGE). Rep. Aaron Bean is charged with making that happen. The Florida Republican is a Trump/Musk ally and co-founder of the House’s DOGE caucus, which gathered for its first meeting last week to begin wooing curious Democrats as Congress wrapped up its business for the year. "They're still kind of fearful, they're feeling out DOGE," Bean said of the other side of the aisle in a recent interview. Read more here. Yahoo Finance's Brooke DiPalma reports: Nordstrom ( JWN ) is returning to its private roots after years of earnings struggles and investor indifference. The founding Nordstrom family, who owned a roughly 33% stake, teamed up with retail investor El Puerto de Liverpool, owner of a 10% stake, to take the company private. El Puerto is a real estate and department store conglomerate that has boutiques with known names like Gap, Banana Republic, and Williams Sonoma, among others, in addition to department stores and other format retailers. Both will acquire all outstanding shares in an all-cash deal valued at about $6.25 billion. Read more here. Tech ( XLK ) and Communication ( XLC ) stocks rose modestly on Monday while the rest of the S&P 500 sectors struggled to gain much traction. Chip giant Nvidia ( NVDA ) increased 2%, while social media platform Meta ( META ) also gained more than 2%. The S&P 500 ( ^GSPC ) crossed into green territory to rise 0.2% and the tech-heavy Nasdaq ( ^IXIC ) increased 0.5% by 12:30 p.m. ET. Bitcoin ( BTC-USD ) extended losses on Monday, dropping more than 2.5% over the past 24 hours to touch $93,000 per token. The world's largest cryptocurrency has been on a downward trend since last week when Fed Chair Jerome Powell signaled central bank policymakers will likely scale back rate cuts next year. Bitcoin has fallen more than 10% from its all-time record highs north of $108,000 touched last Tuesday. The token is still up more than 35% since the presidential election on Nov. 5. Semiconductor stocks rose on Monday, with shares of AI chip heavyweight Nvidia ( NVDA ) gaining more than 1% while Broadcom ( AVGO ) and Taiwan Semiconductor ( TSM ) also edged higher. AMD ( AMD ) gained more than 5% after Rosenblatt Securities named the chipmaker a top pick for 2025. Meanwhile, Qualcomm ( QCOM ) shares gained after the company won a legal battle on Friday over a breach of contract dispute with Arm ( ARM ). Shares of the UK-based chip designer fell more than 5% during the session. Consumer Confidence fell short of expectations in December, largely due to how Americans are viewing the economic outlook in the year ahead. The Expectations Index, which includes the short-term outlook for income, business, and labor market conditions, sank 12.6 points to 81.1 in December, its largest month-over-month decline since November 2020. Overall, the Consumer Confidence index reading for December was 104.7, below the 113.2 expected by economists surveyed by Bloomberg. "Consumer views of current labor market conditions continued to improve, consistent with recent jobs and unemployment data, but their assessment of business conditions weakened," Conference Board chief economist Dana Peterson said in the release. "Compared to last month, consumers in December were substantially less optimistic about future business conditions and incomes. Moreover, pessimism about future employment prospects returned after cautious optimism prevailed in October and November." In December, 21.3% of respondents anticipated fewer jobs to be available in the next six months, up from 17.9% the month prior. Meanwhile, expectations for income decreases and worse business conditions in the next six months also moved higher. Markets, which have recently been in a slump amid rising concerns about the uncertainty surrounding policies from the Trump administration and the Federal Reserve in 2025, moved lower after the release. All three major indexes quickly hit their lows of the session before beginning to pare losses. Consumer Confidence expectations fell in December to 104.7, versus estimates for 113.2. The reading came in below all 47 estimates, which ranged from 109.3 to 116.00 across 47 estimates, according to Bloomberg data. Stocks opened mixed to kick off a short trading week as investors assess how the Federal Reserve will handle its interest rate policy next year. The S&P 500 ( ^GSPC ) rose slightly, while the tech-heavy Nasdaq ( ^IXIC ) gained 0.1%. The Dow Jones Industrial Average ( ^DJI ) fell about 0.4%. Consumer Discretionary stocks ( XLY ) gained, while Financials ( XLF ) and Real Estate ( XLRE ) lagged in early trading. Individual movers included AI heavyweight Nvidia ( NVDA ) and Tesla ( TSLA ), up more than 1% and 2%, respectively. Wall Street is coming off a volatile week after Fed Chair Jerome Powell hinted the central bank will scale back its pace of interest rate cuts next year. Economic data : Conference Board Consumer Confidence (December) Earnings : No notable earnings Here are some of the biggest stories you may have missed over the weekend and early this morning: Wall Street reevaluates 'higher for longer' rates: The week ahead Bitcoin posts first weekly decline since Trump's election win Honda stock rises as Nissan merger talks formalize Elon Musk makes 'overstaffed' Fed target in quest for efficiency Biden launches new US trade probe into legacy Chinese chips The Container Store files for Chapter 11 bankruptcy Novo rises as 2025 obesity drug market set to captivate investors

The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . FARMVILLE, Va. (AP) — Keishon Porter had 20 points in North Carolina Central’s 77-70 win against Longwood on Saturday. Porter also contributed three steals for the Eagles (5-8). Po’Boigh King scored 16 points while shooting 6 for 10, including 3 for 6 from beyond the arc. Kelechi Okworogwo finished 4 of 4 from the floor for eight points. Colby Garland led the Lancers (9-3) with 15 points, six assists and four steals. Michael Christmas added 14 points and six rebounds. Elijah Tucker scored 13. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

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