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Early gains mostly fade as Wall Street wobbles into 2026

NEW YORK (AP) - U.S. stocks wavered as Wall Street had a wobbly start to the new year. The S&P 500 rose 0.2% Friday, coming off a gain of more than 16% in 2025. The Dow rose 319 points, or 0.7%, but the Nasdaq was roughly flat, weighed down by losses for Microsoft and Tesla. Foreign markets fared better and benchmarks in Britain and South Korea hit records.

Top Asia Pacific Breaking News Stories

BANGKOK (AP) – Myanmar’s military-appointed election body has begun announcing the winners of the first phase of its three-part general election, saying that the military-backed party has won the majority of seats, as widely expected. Critics of the current system say that the election is designed to add a facade of legitimacy to the status quo.

Today in History: January 3, the 'Curse of the Bambino' begins

Today is Saturday, Jan. 3, the third day of 2026. There are 362 days left in the year. Today in history: On Jan. 3, 1920, Boston Red Sox owner Harry Frazee sold the contract of Babe Ruth to the New York Yankees, beginning a championship era for the Yankees and decades of heartache for Red Sox fans.

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