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NEW YORK (AP) — U.S. stocks rose to records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq composite climbed 0.8% to set its own record. Treasury yields eased after the jobs report showed stronger hiring than expected but also an uptick in the unemployment rate. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — U.S. stocks are drifting around their records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation . The S&P 500 rose 0.2% and was just above its all-time high set on Wednesday. It’s rolling toward the close of a third straight winning week in what’s likely to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average was down 108 points, or 0.2%, as of 1:51 p.m. Eastern time, and the Nasdaq composite climbed 0.7%. Stocks held relatively steady as the latest jobs report strengthened expectations among traders that the Federal Reserve will cut interest rates again at its next meeting in two weeks. While the report showed U.S. employers hired more workers than expected last month, it also said the unemployment rate unexpectedly ticked up to 4.2% from 4.1%. “This print doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December,” according to Lindsay Rosner, head of multi-sector investing within Goldman Sachs Asset Management. The Fed began easing its main interest rate from a two-decade high in September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set an all-time high 56 times so far this year. And the Fed is part of a global surge: 62 central banks have lowered rates in the past three months, the most since 2020, according to Michael Hartnett and other strategists at Bank of America. Still, the jobs report may have included some notes of caution for Fed officials underneath the surface. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, pointed to average wages for workers last month, which were a touch stronger than economists expected. While that’s good news for workers who would always like to make more, it could also keep upward pressure on inflation. “This report tells the Fed that they still need to be careful as sticky housing/shelter/wage data shows that it won’t be easy to engineer meaningfully lower inflation from here in the nearer term,” Wren said. So, while traders are betting on a nearly 90% probability the Fed will ease its main rate in two weeks, they’re much less certain about how many more cuts it will deliver next year, according to data from CME Group. For now, the hope is that the job market can help U.S. shoppers continue to spend and keep the U.S. economy out of a recession that had earlier seemed inevitable after the Fed began hiking interest rates swiftly to crush inflation. Several retailers offered encouragement after delivering better-than-expected results for the latest quarter. Ulta Beauty rallied 10.4% after topping expectations for both profit and revenue. The opening of new stores helped it boost its revenue, and it raised the bottom end of its forecasted range for sales over this full year. Lululemon stretched 17.9% higher following its own profit report. It said stronger sales outside the United States helped it in particular, and its earnings topped analysts’ expectations. Retailers overall have been offering mixed signals on how resilient U.S. shoppers can remain amid the slowing job market and still-high prices. Target gave a dour forecast for the holiday shopping season, for example, while Walmart gave a much more encouraging outlook. A report on Friday suggested sentiment among U.S. consumers may be improving more than economists expected. The preliminary reading from the University of Michigan's survey hit its highest level in seven months. The survey found a surge in buying for some products as consumers tried to get ahead of possible increases in price due to higher tariffs that President-elect Donald Trump has threatened. In tech, Hewlett Packard Enterprise jumped 10.8% for one of the S&P 500's larger gains after reporting stronger profit and revenue than expected. Tech stocks broadly were one of the main reasons the S&P 500 climbed this past week, as Salesforce and other big companies talked up how much of a boost they’re getting from the artificial-intelligence boom. In the bond market, the yield on the 10-year Treasury yield slipped to 4.16% from 4.18% late Thursday. In stock markets abroad, France’s CAC 40 rose 1.3% after French President Emmanuel Macron announced plans to stay in office until the end of his term and to name a new prime minister within days. Earlier this week, far-right and left-wing lawmakers approved a no-confidence motion due to budget disputes, forcing Prime Minister Michel Barnier and his cabinet to resign. In Asia, stock indexes were mixed. They rallied 1.6% in Hong Kong and 1% in Shanghai ahead of an annual economic policy meeting scheduled for next week. South Korea’s Kospi dropped 0.6% as South Korea’s ruling party chief showed support for suspending the constitutional powers of President Yoon Suk Yeol after he declared martial law and then revoked that earlier this week. Yoon is facing calls to resign and may be impeached. Bitcoin was sitting a little above $101,000 after briefly bursting above $103,000 to a record the day before. AP Writers Matt Ott and Zimo Zhong contributed.

CARSON, Calif. — Joseph Paintsil and Dejan Joveljic scored in the first half, and the LA Galaxy won their record sixth MLS Cup championship with a 2-1 victory over the New York Red Bulls on Saturday. After striking twice in the first 13 minutes of the final with goals from their star forwards, the Galaxy nursed their lead through a scoreless second half to raise their league's biggest trophy for the first time since 2014. MLS' most successful franchise struggled through most of the ensuing decade, even finishing 26th in the 29-team league last year. But the Galaxy turned everything around this season with a high-scoring new lineup that finished second in the Western Conference and then streaked through the playoffs with a playoff-record 18 goals in five games to win another crown. “I’m just so proud of this group after the challenges that we (had) and the way they bounced back and competed as a group,” Galaxy coach Greg Vanney said. “We spent a lot of energy at the start, but I’m just so proud of these guys. They’ve cemented themselves as legends in this club.” Sean Nealis scored for the seventh-seeded Red Bulls, whose improbable postseason charge ended one win shy of their first Cup championship. With the league's youngest roster, New York fell just short of becoming the lowest-seeded team to win MLS' playoff tournament under first-year German coach Sandro Schwarz. “I love these guys,” Schwarz said. “Some guys, they are crying. In the big picture, that’s a start. Sometimes when you lose the final, it’s tough, but you use this experience to create the next energy, the next intensity.” The Galaxy won this title without perhaps their most important player. Riqui Puig, the playmaking midfielder from Barcelona who ran their offense impressively all season long, tore a ligament in his knee last week in the Western Conference final. Puig watched this game in a suit, but his teammates hadn't forgotten him: After his replacement, Gastón Brugman, set up LA's opening goal with a superb pass, Paintsil held up Puig's jersey to their fans during the celebration. “I was really waiting for this moment,” said Paintsil, who scored his 14th goal of an impressive season. “I’m much more, 10 times faster than them, and Gaston saw the space. ... It was really a good thing. We did it for Riqui, and we did it for our family that came, and our supporters.” Just four minutes later, Joveljic sprinted past four New York defenders and chipped home the 21st goal of his outstanding year as the Galaxy’s striker. Brugman was named the MLS Cup MVP after a commanding performance in midfield. The Uruguayan hadn't started a match for the Galaxy since Oct. 5, playing only as a postseason substitute before the final. Galaxy goalkeeper John McCarthy made four saves to win his second MLS title in three seasons. He was the MVP of the 2022 MLS Cup Final for the Galaxy's crosstown rival, Los Angeles FC. Paintsil put the Galaxy ahead in the ninth minute when he ran onto that sublime pass from Brugman and pounded home his 14th MLS goal — including four in the playoffs — in the Ghanaian forward's outstanding first season. Just four minutes later, Joveljic sprinted past four New York defenders and chipped home the 21st goal of his outstanding year as the Galaxy's striker. Nealis got New York on the scoreboard in the 28th minute when he volleyed home a ball that got loose in LA's penalty area after a corner. The Galaxy's usually shaky defense gave up another handful of good chances before reaching halftime with a tenuous lead. The second half was lively, but scoreless. Red Bulls captain Emil Forsberg hit the outside of the post in the 72nd minute, while LA's Gabriel Pec and Galaxy substitute Marco Reus nearly converted chances a few moments later. The ball got loose again in the Galaxy's penalty area in the third minute of extra time, but two Red Bulls couldn't finish. The Galaxy bench rushed onto the field and prematurely celebrated a victory in the seventh minute of injury time, only to be herded back off for another 30 seconds of play. After Galaxy owner Phil Anschutz received the MLS Cup that bears his name because of his steady financial support of the league during its shaky years, Galaxy captain Maya Yoshida carried the trophy onto a stage filled with his teammates for a celebration amid fireworks and confetti. The Galaxy extended their lead over DC United (4) for the most MLS Cup championships in league history. The Red Bulls remain one of three original MLS franchises never to win the title, along with FC Dallas and the New England Revolution. The Galaxy's Greg Vanney became the fourth coach to win an MLS title with two clubs. The former Galaxy player also won it all with Toronto in 2017. The Galaxy finished 17-0-3 this season at their frequently renamed suburban stadium, where the sellout crowd of 26,812 for the final included several robust cheering sections of traveling Red Bulls supporters hoping to see their New Jersey-based club's breakthrough on MLS' biggest stage. Just last season, the Galaxy's own supporters boycotted the team at certain matches, fed up with years of mismanagement and no progress. The club famous for employing global stars from David Beckham and Zlatan Ibrahimovic to Robbie Keane and Javier "Chicharito" Hernández swiftly rebuilt itself into a contender this season by spending big to get lesser-known young talents from around the world. The Galaxy signed Pec from Brazil and Paintsil out of Belgium. The duo combined with incumbent Serbian striker Joveljic to form a potent attack that could outscore almost any MLS opponent. But the Galaxy also relied heavily on Puig, their Catalan catalyst and one of MLS' best players. Puig stayed in last week's game after injuring his knee, and he even delivered the decisive pass to Joveljic for the game's only goal. Get local news delivered to your inbox!Notable quotes by Jimmy Carter

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Cam Carter put LSU ahead for good with a jumper 1:08 into the third overtime and the Tigers came away with a wild 109-102 win over UCF on Sunday in the third-place game of the Greenbrier Tip-Off in White Sulphur Springs, W.Va. Carter's make sparked a 5-0 spurt for LSU (5-1), which mounted a ferocious second-half rally that began after Darius Johnson drilled a 3-pointer to put the Knights up 52-34 with 12:57 to play in regulation. UCF (4-2) got back within two in the third overtime, but it never found a way to draw even. Vyctorius Miller and Jordan Sears sealed the victory, combining for three buckets down low that gave the Tigers a 106-99 cushion with 17 seconds remaining. Carter was the late-game hero for LSU, scoring the final four points of regulation to forge a 70-70 tie. He also knocked down a go-ahead 3-pointer with 3:19 left in the first extra session to give the Tigers a 76-75 advantage. Sears gave LSU a four-point edge with a triple of his own with 2:10 to go, but the Tigers failed to stay in front, and UCF's Keyshawn Hall kept the game going by sinking two free throws with six seconds remaining to make it 82-82. Neither team led by more than three in the second overtime, with Hall again coming to the Knights' rescue. He made two layups in the final 52 seconds of the frame to knot things at 93 and send the teams to a third OT. Few could have predicted 15 minutes of extra basketball after UCF put together a 25-3 first-half run that lifted it to a 38-18 advantage with 2:12 left until the break. LSU responded with seven unanswered points, but the Knights still led comfortably, 40-25, at intermission. Sears finished with a game-high-tying 25 points to go along with nine boards, while Jalen Reed recorded a 21-point, 13-rebound double-double for the Tigers. Carter netted 20 points, Miller had 16 and Dji Bailey chipped in 14. Johnson collected 25 points, six rebounds, eight assists and five steals for UCF. Hall totaled 21 points and 10 boards, and Jordan Ivy-Curry supplied 20 points. LSU outshot UCF 43.2 percent to 40.7 percent and had narrow advantages from behind the arc (12 made shots to 10) and the free-throw line (21-18). --Field Level MediaThe Milwaukee Bucks , led by MVP-candidate Giannis Antetokounmpo, have surged into playoff positioning after a lackluster opening month. Antetokounmpo has taken a noticeable offensive leap, which may be difficult to imagine. However, the Greek Freak's midrange game has developed formidably and has resulted in the Bucks' superstar ranking second in NBA.com's most recent MVP ladder . Antetokounmpo attempts the fourth-most midrange shots per game , behind only DeMar DeRozan, Brandon Ingram, and Joel Embiid. The longtime Bucks cornerstone is shooting a respectable 47.5 percent from the midrange . Antetokounmpo explained his shift in approach recently , “I’m in an age that I’ve realized that, in order for me to be effective and still be able to help my team win games, I have to switch my game a little bit. I know I’m effective in the paint, but you take a lot of beating. Now, my body today, I feel great. I feel like I haven’t been touched, which is incredible.” Antetokounmpo continued, “...it takes the beating out of me and my teammates want me to keep on shooting them.” Replacing some of Antetokounmpo's drives with midrange attempts should allow the former two-time MVP to remain healthy through the regular season. On Antetokounmpo's drives, he has to embrace contact, which often leads to a foul. However, he is driving at the second-highest rate of his career as 56.5 percent of his shots are taken from within three feet of the hoop. So, where are these midrange shots coming from? Well, Antetokounmpo is shooting the least amount of threes of his career , with just 3.6 percent of his shots coming from deep. He is a career 28.6 percent three-point shooter. So, a shift to more efficient midrange shots makes some sense. Antetokounmpo detailed his midrange volume in a recent postgame media availability, saying, “I think I made like 39 [midrange shots] last year in 73 games. I’ve made 40-something in like 16 games this year.” With the return of Khris Middleton on Friday night , Antetokounmpo could slightly adjust his approach due to Middleton's ability to efficiently knock down shots from anywhere on the court. Although, any threat of a jump-shot has Antetokounmpo borderline unguardable. When his defender is guarding him tightly, he can blow by and get to the rim with ease. When his defender is sagging off, the Greek Freak can now rise up and knock down the jumper confidently. Antetokounmpo adding a cromulent midrange package has him as the league’s most dominant two-way force today. MORE BUCKS NEWS: Milwaukee Bucks telling opponents crazy message in regards to trade offers for Giannis Antetokounmpo

LSU outlasts UCF 109-102 in triple-OT affair

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Bronx native Johnuel “Boogie” Fland, who plays basketball for the University of Arkansas as one of the top freshman standouts, is headed to Madison Square Garden on Tuesday for a tournament game he called “must-see TV.” “It’s gonna be electric,” said Fland in an interview with the Bronx Times. The Jimmy V Classic — a doubleheader tournament named for legendary coach Jim Valvano, who died of cancer in 1993 at age 47 — will be played at MSG as part of Jimmy V Week, which raises money for cancer research. Miami and Tennessee play at 6:30 p.m. with Arkansas taking on Michigan afterwards at 9 p.m. The games will air on ESPN. Arkansas has a 7-2 record as of Dec. 7 and is 14th in the Southeastern Conference (SEC). The Michigan Wolverines are 7-1, ranked seventh in the Big Ten. Photo courtesy Steinlight Media LLC The Jimmy V Classic may be a rare chance for New Yorkers to see Fland play before he is drafted into the NBA — which is all but certain to happen next year. In his young college career, he has already turned plenty of heads. He came to Arkansas as a top-rated point guard out of Archbishop Stepinac High School in White Plains, and his debut game against basketball powerhouse Kansas was “nothing short of spectacular,” according to Sports Illustrated . Fland also garnered recent attention for his clutch performance in the Dec. 3 game against Miami, where he scored 18 points, including a go-ahead three-point shot in the comeback win. Not bad for a kid from the Bronx, who grew up on East 170th Street and Grand Concourse playing AAU ball. Fland’s friends and family are still in the Bronx, and he makes it back to the borough pretty often, he said. Coming out of high school, Fland originally committed to the University of Kentucky, but when Naismith Hall of Fame coach John Calipari resigned to coach for Arkansas instead, Fland followed. Fland said he has a great relationship with Calipari. “He cares,” he said. “[Calipari] said nothing was gonna be handed, I have to go take it. And that’s kind of how the world works.” Moving to Fayetteville, Arkansas, was a pretty big adjustment for a Bronx guy, but Fland called it “an adjustment for the greater,” as the quieter life has helped him focus more on basketball. “I’m actually liking it over here, I love it. The fans are great, the people are great.” As a freshman, he is taking general classes and also thinking about restarting a clothing line he used to have, which he said expresses “the swagger that comes from being in New York and the Bronx.” Fland said he juggles all his responsibilities by “staying focused on the main thing.” “I’ve been doing hoops and school for a long time, so I know how to balance the two,” he said. As for his NBA dreams, Fland said he has no ideal place to land — and wouldn’t even specify the New York Knicks. “Whichever [team] is best for me,” he’ll be happy with, he said. “I’m just happy I got myself into this position, to have a chance to even do that.” Of playing with the Knicks someday, “If it happens, it happens,” Fland said with a laugh. He wants to have a long career, be a positive influence on young people and meet more people in the basketball world. “Not a lot of people in New York have opportunities like these.” His advice to young players growing up in the Bronx? “Just keep working, you know. These opportunities are created by the ones before you. ... You got people rooting for you, and stay true to yourself.” Between the opportunity to play at Madison Square Garden and his NBA dreams likely soon to come true, Fland said he’s grateful to have come this far. “These are the greatest times of my life right now.” Reach Emily Swanson at eswanson@schnepsmedia.com or (646) 717-0015. For more coverage, follow us on Twitter, Facebook and Instagram @bronxtimesThe word “Merci” was projected onto the front of Paris’s Notre Dame Cathedral as it reopened on Saturday, in thanks for its salvation after a devastating fire that brought the 860-year-old building close to collapse five years ago. The first responders who helped preserve the Gothic masterpiece and some of those who subsequently restored it received a standing ovation after the Archbishop of Paris, Laurent Ulrich, struck the doors of Notre Dame three times with his crozier before symbolically reopening the building. “I stand before you to express the gratitude of the French nation, our gratitude to all those who saved, helped and rebuilt the cathedral,” French President Emmanuel Macron said. “Tonight we can together share joy and pride. Long live Notre Dame de Paris, long live the Republic and long live France,” he said. Minutes earlier, the cathedral’s bells rang out and Macron welcomed guests, including US President-elect Donald Trump. Pope Francis said it was a day of “joy, celebration and praise.” In a message read aloud, the pope hoped “the rebirth of this admirable church would constitute a prophetic sign of the renewal of the Church in France.” Notre Dame has been meticulously restored, with a new spire and rib vaulting, its flying buttresses and carved stone gargoyles returned to their past glory and white stone and gold decorations shining brightly once again. Getting Trump to attend, and organizing a meeting between him and Ukraine’s leader Volodymyr Zelensky at the Elysees Palace ahead of the Notre Dame ceremony, was a coup for Macron as he faces a political crisis at home, after parliament ousted his prime minister . Trump shook hands with Britain’s Prince William and heads of state and government as he made his way to the front of the cathedral. He sat next to Macron in the front row. Earlier, guests stood and applauded as Zelensky walked into the cathedral. US billionaire Elon Musk, a close adviser in Trump’s transition team, also attended, as did Italian Prime Minister Giorgia Meloni and former French presidents Francois Hollande and Nicolas Sarkozy. Earlier, tourists, who still cannot go inside the cathedral, snapped pictures with the restored building in the background as final preparations for the event went on inside. “It was very sad to see it burnt down and all black and ashy but amazing to see it rebuilt. Yeah, it’s very special,” said 26-year-old US tourist Amanda Nguyen, from Texas. Some Parisians were particularly thrilled. “What does Notre Dame mean to me? This. Look, it’s here,” said care worker Pascal Tordeux, displaying a tattoo on his arm representing the cathedral. “It means everything.” “I saw the construction every day from my window, the spire being brought down, being brought back. I saw it burn, I saw it rise again. I followed it day by day,” said Tordeux, who lives across the river from Notre Dame. On the evening of April 15, 2019, dismayed Parisians rushed to the scene and TV viewers worldwide watched horrified as the fire raged through the cathedral. “The planet was shaken on that day,” Macron said ahead of Saturday’s event. “The shock of the reopening will – I believe and I want to believe – be as strong as that of the fire, but it will be a shock of hope.” Would-be visitors can now book a free ticket online, on the Cathedral’s website. But on Saturday, the first day bookings could be made for the coming days, all tickets were gone, a message on the site said. Group visits will be allowed next year — from February 1 for religious groups and from June 9 for tourists with guides. The Catholic Church expects the cathedral to welcome 15 million visitors each year. Thousands of experts — from carpenters and stonemasons to stained glass window artists — worked around the clock for the last five years, using age-old methods to restore, repair or replace everything that was destroyed or damaged. “Notre Dame is more than a Parisian or French monument. It’s also a universal monument,” said historian Damien Berne. “It’s a landmark, an emblem, a point of reference that reassures in a globalized world where everything evolves permanently,” said Berne, a member of the scientific council for the restoration. The cathedral’s first stone was laid in 1163, and construction continued for much of the next century, with major restoration and additions made in the 17th and 18th centuries. Victor Hugo helped make the cathedral a symbol of Paris and France when he used it as a setting for his 1831 novel “The Hunchback of Notre Dame.” Quasimodo, the main character, has been portrayed in Hollywood movies, an animated Disney adaptation and in musicals. So much money poured in for the renovation from all over the world — more than 840 million euros ($880 million), according to Macron’s office — that there are still funds left over for further investment in the building.