American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month. While the Dow fell slightly, the other two major US indices advanced, led by the tech-rich Nasdaq, which piled on almost two percent to close above 20,000 points for the first time. The consumer price index (CPI) rose to 2.7 percent last month from a year ago, up slightly from 2.6 percent in October. "With the CPI numbers broadly in line, it is likely that the Fed will not be derailed and will cut rates again next week," Jochen Stanzl, chief market analyst at CMC Markets. "The data is not a showstopper for the current bull run on Wall Street," he added. Ahead of the data, investors priced in an 86 percent chance the Fed will cut interest rates next week by a quarter percentage point. That rose to more than 98 percent after the CPI data was published. Stocks in Paris and Frankfurt rose ahead of the European Central Bank's own interest rate announcement on Thursday, with analysts expecting another cut as it seeks to boost eurozone growth. Investors are also eyeing political developments in France, where officials said President Emmanuel Macron aims to name a new prime minister "within 48 hours" as he seeks to end political deadlock following the ouster of Michel Barnier. In company news, shares in German retail giant Zalando shed more than four percent on Frankfurt's DAX index, after it acquired domestic rival About You in a deal worth around 1.1 billion euros ($1.2 billion). Shares in Zara owner Inditex slid more than six percent after a record quarterly profit for the group fell short of market estimates. Among US companies, Google parent Alphabet earned 5.5 percent as it announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date. That added to gains after Google also announced Tuesday details of a breakthrough quantum chip. Shares in Shanghai rose but Hong Kong gave up an early rally to end in the red. Traders were keeping tabs on China to see if it will announce further measures to support its struggling economy as leaders were to gather Wednesday for a conference to hammer out next year's agenda. President Xi Jinping and other top leaders on Monday announced their first major shift in policy for more than a decade, saying they would "implement a more active fiscal policy and an appropriately relaxed" strategy. Those remarks sparked hopes for more interest rate cuts and the freeing up of more cash for lending. New York - Dow: DOWN 0.2 percent at 44,148.56 (close) New York - S&P 500: UP 0.8 percent at 6,084.19 (close) New York - Nasdaq Composite: UP 1.8 percent at 20,034.89 (close) London - FTSE 100: UP 0.3 percent at 8,301.62 (close) Paris - CAC 40: UP 0.4 percent at 7,423.40 (close) Frankfurt - DAX: UP 0.3 percent at 20,399.16 (close) Tokyo - Nikkei 225: FLAT at 39,372.23 (close) Hong Kong - Hang Seng Index: DOWN 0.8 percent at 20,155.05 (close) Shanghai - Composite: UP 0.3 percent at 3,432.49 (close) Euro/dollar: DOWN at $1.0498 from $1.0527 on Tuesday Pound/dollar: DOWN at $1.2752 from $1.2771 Dollar/yen: UP at 152.40 yen from 151.95 yen Euro/pound: DOWN at 82.31 from 82.42 pence Brent North Sea Crude: UP 1.8 percent at $73.52 per barrel West Texas Intermediate: UP 2.4 percent at $70.29 per barrel burs-jmb/mlmNorth Carolina elections board rejects GOP challenge of 60,000 ballots in state Supreme Court race

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Washington, Nov 30 (PTI): US President-elect Donald Trump has met Canadian Prime Minister Justin Trudeau at his Mar-a-Lago resort in Florida, where they discussed key bilateral issues, including trade, tariffs, border security, and drug trafficking. In a social media post on Friday, Trump described the meeting as "productive", highlighting Trudeau's commitment to address these issues. However, there was no indication of any resolution of the differences between the incoming US administration and the Canadian government. “I just had a very productive meeting with Prime Minister Justin Trudeau of Canada, where we discussed many important topics that will require both countries to work together to address," Trump said. The topics include Fentanyl and drug crisis due to illegal immigration, fair trade deals that do not jeopardise American workers, and the massive trade deficit the US has with Canada, he said. Trump emphasised his administration's commitment to tackling the drug epidemic. “The US will no longer sit idly by as our citizens become victims to the scourge of this drug epidemic, caused mainly by drug cartels, and Fentanyl pouring in from China,” he said. “Too much death and hardship! Prime Minister Trudeau has made a commitment to work with us to end this terrible devastation of US families. We also spoke about many other important topics like energy, trade, and the Arctic. All are vital issues that I will be addressing on my first days back in office, and before,” Trump said. According to The New York Times newspaper, the dinner meeting between the two leaders on Friday included senior Canadian officials and Trump’s close aides. Prominent among them were North Dakota Governor Doug Burgum, Trump's nominee for interior secretary; Howard Lutnick, his pick for commerce secretary; and Mike Waltz, his choice for national security adviser. PTI LKJ SCY SCY (This story is published as part of the auto-generated syndicate wire feed. No editing has been done in the headline or the body by ABP Live.)With the holidays rapidly approaching, many of us are looking forward to big meals, fall festivities , and copious amounts of turkey. But as soon as the plates are cleared and the last slice of pumpkin pie is spoken for, the energy in the room starts to dwindle. Despite all the celebratory fanfare, many of us may end up feeling drowsy, low energy , or just ready for an early night. If you're familiar with this fateful post-Thanksgiving dip in energy, you may also know that turkey tends to take the blame. Word of mouth attributes most of this drowsiness to some mysterious component in the star dish — but does turkey actually make you sleepy? Or are there other culinary culprits at fault? We already know that the "meat sweats" are real, but what about the turkey slump? To help us settle this turkey tale once and for all, we asked a registered dietitian if turkey can actually make you feel tired. And if so — do any of us eat enough of it to feel the effects in the first place? Read on to uncover the truth about turkey, including what else might be making you sleepy on Thanksgiving (and spoiler alert: it's not just the food). Maxine Yeung , MS, RD, is a registered dietitian, certified personal trainer, and national board certified health and wellness coach. Does Turkey Make You Sleepy? The short answer is no — turkey is most likely not to blame for your post-dinner nap. While turkey does contain tryptophan — an essential amino acid tied to mood and sleep — the amount in turkey is still fairly low. According to Maxine Yeung, MS, RD, you can expect about a quarter gram of tryptophan per three ounce portion of cooked turkey breast. "For comparison, two large eggs contain one third gram of tryptophan, which is already more than what you'd get from a single serving of turkey breast," Yeung says. How Much Turkey Would It Take to Make You Tired? Research published in the Journal of Psychiatry & Neuroscience found that a full gram of tryptophan may help those with mild insomnia and a long sleep latency fall asleep faster. A single serving of turkey, however, only contains a fourth of this amount. Building off of this study, it'd take quite a bit of turkey to actually make you tired. "To get that amount, you'd need to eat a minimum of about 1.33 pounds of cooked turkey breast," Yeung explains. "Even then, when tryptophan is consumed as part of food, your body uses it for various functions, which weakens its impact on promoting sleep. This means you'd need to eat even more turkey in one sitting for it to have a noticeable drowsy effect." So don't go blaming the turkey . . . even if you help yourself to seconds. What Makes You Sleepy After a Big Meal? If it's not the turkey, then what might be causing that familiar post-holiday tiredness? Yeung says there's actually a couple possible explanations. How to Avoid Post-Holiday Sleepiness If you'd rather skip the tired, groggy stage of the night, here's a few expert-approved ways to beat the holiday slump. Chandler Plante (she/her) is an assistant health and fitness editor for PS. She has over four years of professional journalism experience, previously working as an editorial assistant for People magazine and contributing to Ladygunn, Millie, and Bustle Digital Group. 18 Friendsgiving Food Ideas For 2024Scottie Barnes returns to Raptors lineup as Toronto stuns Timberwolves 110-105