Futures
Rochester Police's Workforce Dev Program Grads for Law Enf
2024-12-09
The Rochester Police Department is celebrating a significant event as 10 individuals graduated from its workforce development program. This achievement not only marks a milestone for these graduates but also reflects the department's commitment to developing local talent for a career in law enforcement. Each graduate has dedicated hundreds of volunteer hours to the community, laying a solid foundation for their future roles. Six will join the Rochester Police Department, and four are set to join the Monroe County Sheriff’s Office. Their next step is the police academy, where they will continue to hone their skills and prepare for the challenges ahead. Click here to discover more about the career opportunities offered by the RPD. Additionally, the Rochester Police Department has recently adjusted its recruitment campaign to address the officer shortage, further demonstrating their dedication to serving the community.

Empowering Local Talent in Law Enforcement

Graduates' Volunteer Work

The graduates of the Rochester Police Department's workforce development program have shown remarkable dedication through their hundreds of volunteer hours in the community. This selfless service has not only made a positive impact on the lives of those they served but has also prepared them for the demands of a career in law enforcement. By giving back to the community, they have demonstrated their values and commitment, which will serve them well in their future roles.

Volunteering has allowed these graduates to gain valuable experience and build relationships within the community. They have worked on various projects and initiatives, ranging from community outreach programs to crime prevention efforts. This hands-on experience has equipped them with the skills and knowledge needed to effectively serve and protect the community.

Career Paths

With six graduates set to join the Rochester Police Department and four joining the Monroe County Sheriff’s Office, these individuals are embarking on exciting career paths in law enforcement. The RPD and the Sheriff’s Office provide diverse opportunities for growth and development, allowing these graduates to pursue their passions and make a difference in their communities.

Joining the police force is a challenging and rewarding career choice. Graduates will undergo rigorous training at the police academy, where they will learn the necessary skills and knowledge to perform their duties effectively. They will also have the opportunity to work with experienced officers and learn from their expertise, further enhancing their skills and knowledge.

Department's Commitment

The Rochester Police Department's decision to invest in a workforce development program is a testament to their commitment to developing local talent and serving the community. By providing these graduates with the necessary training and support, the department is ensuring that they have the tools they need to succeed in their careers.

This commitment extends beyond the graduation ceremony. The department will continue to provide ongoing support and training to these graduates as they begin their careers. This includes mentorship programs, professional development opportunities, and access to resources and support services. By doing so, the department is helping these graduates to thrive and make a positive impact in their communities.

Stock Futures Little Changed After S&P 500, Nasdaq's Record Retreat
2024-12-09
Stock futures on Monday evening were hovering near the flatline. This came after both the S&P 500 and Nasdaq Composite had pulled back from their record highs. The broad market index futures slipped by 0.07%, while Nasdaq 100 futures inched down by the same percentage. Dow Jones Industrial Average futures lost 26 points, which is equivalent to 0.06%. In extended trading, Oracle shares took a significant dive, slumping more than 7%. The database software company's fiscal second-quarter results failed to meet Wall Street's estimates. During the regular session, the major averages also experienced a decline. The S&P 500 and the Nasdaq Composite slid about 0.6% each, dropping from their recent records as Nvidia shares declined. A regulator in China initiated an investigation into the chip giant Nvidia over possible violations of the country's antimonopoly law. Tech giants like Meta Platforms, Amazon, and Netflix also ended the session in the red.Laureate Tengler Investments CEO Nancy Tengler stated, "We have heard that the tech trade has been on and off for five years, yet there has not been a better place to be. Yes, the market is broadening, which is good, but without tech, the market and the economy struggle."On the economic report front, the National Federation of Independent Business's small business survey is scheduled to be released on Tuesday morning. The major event of this week is the U.S. consumer price index report, which is due on Wednesday and could have a significant impact on how the Federal Reserve proceeds with interest rates at its December 17-18 meeting. Economists polled by Dow Jones predict that headline inflation rose by 0.3% in November and 2.7% over the previous 12 months.Several notable companies are also reporting their results on Tuesday. These include GameStop and Dave & Buster's Entertainment.Now let's take a look at some of the companies making headlines in extended trading:

Oracle

The computer technology company's stock slipped by 5% after it slightly missed fiscal second-quarter earnings estimates. The firm reported adjusted earnings of $1.47 per share, while analysts polled by LSEG were expecting $1.48 per share. However, Oracle's revenue of $14.1 billion matched analysts' estimates.

MongoDB

Shares of the database company added more than 9% after it raised its fourth-quarter forecast. MongoDB now expects adjusted earnings per share to be in the range of 62 cents to 65 cents, while analysts polled by LSEG were looking for 58 cents per share. The firm also expects revenue in the current quarter to be between $515 million and $519 million, against a forecast of $509 million.

Vail Resorts

The operator of ski resorts saw its shares jump close to 3% after posting a narrower-than-expected loss in the fiscal first quarter. Vail reported an adjusted loss of $4.61 per share on revenue of $260 million. Analysts polled by LSEG were expecting a loss of $5.00 per share and revenue of $253 million.Read the full list here.— Brian Evans

Stock Futures Open with Minimal Changes

Stock futures showed minimal changes on Monday. This followed the pullback of both the S&P 500 and Nasdaq Composite from their respective highs. S&P 500 futures ticked down by 0.03%, while Nasdaq 100 futures lost 0.01%. Futures tied to the Dow Jones Industrial Average remained near the flatline.— Brian Evans
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US Stock Futures Steady as Tech Losses Weigh; CPI Eyed
2024-12-10
In recent times, the global financial landscape has been significantly influenced by a confluence of factors. One such crucial aspect is the heightened geopolitical uncertainty surrounding a regime change in Syria. After over 20 years of the Bashar al-Assad government's rule, a significant shift has occurred, rattling risk sentiment across the board.

Market Indicators and Their Fluctuations

The S&P 500 Futures witnessed a decline of 0.1%, settling at 6,061.75 points. Simultaneously, the Nasdaq 100 Futures also fell by 0.1% to 21,476.0 points by 18:27 ET (23:27 GMT). However, the Dow Jones Futures managed to steady at 44,469.0 points. This week, the spotlight is firmly on the consumer price index inflation data due on Wednesday. It is expected that inflation remained relatively upbeat in November. Headline CPI is anticipated to increase slightly from 2.6% year-on-year to 2.7%, while core CPI, which excludes volatile items, is likely to remain at 3.3%.Although inflation had been on a steady downward trajectory earlier in 2024, it has shown more stickiness in recent months due to the resilience of the U.S. economy. This has sparked some uncertainty regarding the outlook for interest rates. Markets are still hopeful for a 25 basis point rate cut by the Federal Reserve next week. Nevertheless, the long-term outlook for rates has now become more uncertain, with the expectations of inflationary policies under the incoming President Donald Trump adding another layer of complexity.

Technology Stocks and Their Performance

After a strong run-up in recent weeks, losses in technology stocks emerged as the most significant weight on Wall Street on Monday. NVIDIA Corporation (NASDAQ:NVDA) was among the biggest decliners, falling 2.6% during the session and down 0.6% in aftermarket trade following reports of a China probe regarding antitrust concerns. Oracle Corporation (NYSE:ORCL) also faced a setback, tumbling nearly 8% in aftermarket trade after its quarterly earnings missed the high street estimates. The increased competition in the sector from heavyweights like MSFT and AMZN took a toll on the firm.While the firm is expected to benefit from the growing demand in the artificial intelligence industry, Monday's miss indicated that earnings might not be as robust as investors had anticipated. These losses in the tech sector led to a 0.6% decline in the S&P 500 to 6,052.85 points and a 0.6% fall in the NASDAQ Composite to 19,741.30 points. The Dow Jones Industrial Average also dropped 0.5% to 44,401.93 points.

Afterhours Movers and Their Surges

Among other afterhours movers, MongoDB (NASDAQ:MDB) witnessed a remarkable 10% surge on stronger-than-expected quarterly earnings. C3.ai Inc (NYSE:AI) also rallied by 15% after its quarterly earnings exceeded estimates due to the robust AI-fueled demand. Eli Lilly and Company (NYSE:LLY) added 0.8% after announcing a new $15 billion share buyback and hiking its dividend. These afterhours movements showcase the diverse nature of the market and the impact of various factors on different stocks.Overall, the current market scenario is a complex interplay of geopolitical events, inflation data, and sector-specific performances. Investors and market participants need to closely monitor these developments to make informed decisions in an ever-changing economic environment.
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