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Browns star Myles Garrett practices after missing a day with foot injury, expected to face Jaguars

Sport

Browns star Myles Garrett practices after missing a day with foot injury, expected to face Jaguars
Sport

Sport

Browns star Myles Garrett practices after missing a day with foot injury, expected to face Jaguars

2024-09-14 06:08 Last Updated At:06:11

CLEVELAND (AP) — Myles Garrett plans to make Trevor Lawrence uncomfortable for a few hours.

Garrett returned to practice on a limited basis after resting a foot injury for one day, and the defensive end said Friday he'll play in Cleveland's game at Jacksonville on Sunday.

The NFL's Defensive Player of the Year in 2023, Garrett sat out Thursday's workout as the Browns (0-1) prepared to face Lawrence and the Jaguars (0-1). Garrett had one sack and forced a fumble last weekend in a season-opening loss to Dallas.

Garrett, who has 47 sacks in the last three-plus seasons, didn't disclose any specifics about his injury.

“I wouldn’t say there’s something to worry about, just something for us to manage and, at least for myself, be conscious of and be just a little cautious,” Garrett said after practice.

Garrett was vague when asked if the injury will affect his play.

“We'll see,” he said.

He also declined to reveal when he got hurt.

“Something I was kind of dealing with during the game,” he said. "But the problem didn’t occur during the game.”

Cleveland's defense can't afford to be without Garrett after placing five players on injured reserve this week. Starting safety Juan Thornhill and defensive tackle Maurice Hurst II are among the group that will have to miss a minimum of four games.

End Za'Darius Smith, who plays on the opposite side of Garrett, also was back practicing after missing Thursday's workout with a back issue.

Garrett believes the defense will bounce back this week after a so-so performance in the opener.

Of course, Garrett can set the tone by getting after Lawrence, Jacksonville's rifled-armed quarterback.

Garrett had high praise for Lawrence, complimenting his poise and ability to handle pressure in the pocket. Lawrence has confidence and Garrett said there is only one way to combat that in a QB.

“Hit him,” he said. “Multiple times.”

While the defense plays at less than full strength, Cleveland's offense will be missing tight end David Njoku, who sprained his ankle in the opener and could miss several weeks. Njoku led the Browns in catches and receiving TDs last season.

The Browns also ruled out left tackle Jedrick Wills Jr., who continues to recover from offseason knee surgery. Two-time All-Pro right tackle Jack Conklin is listed as questionable after missing the opener.

Conklin had reconstructive knee surgery last year after tearing numerous ligaments in Week 1.

James Hudson III started on the left side, but the Browns toyed with moving Conklin into that spot and could consider it again this week.

Coach Kevin Stefanski would not reveal the plans for his starters.

"We’ll use the next 24 hours, 48 hours, see how everybody comes out of practice today before we make that determination,” Stefanski said.

AP NFL: http://www.apnews.com/hub/NFL

Cleveland Browns defensive end Myles Garrett responds to questions after the team's NFL football game against the Dallas Cowboys in Cleveland, Sunday, Sept. 8, 2024. (AP Photo/Sue Ogrocki)

Cleveland Browns defensive end Myles Garrett responds to questions after the team's NFL football game against the Dallas Cowboys in Cleveland, Sunday, Sept. 8, 2024. (AP Photo/Sue Ogrocki)

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Stock market today: Wall Street stays stuck in place as it counts down to a rate cut

2024-09-18 05:08 Last Updated At:05:10

NEW YORK (AP) — U.S. stock indexes remained stuck in place on Tuesday as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years.

The S&P 500 edged up by 1.49, or less than 0.1%, to 5,634.58. It remains 0.6% below its all-time closing high set in July, and it briefly rose above that mark during the morning.

The Dow Jones Industrial Average slipped 15.90 points, or less than 0.1%, to 41,606.18 from its own record set the day before, while the Nasdaq composite edged up by 35.93, or 0.2%, to 17,628.06.

Intel helped drive the market with a gain of 2.7% following a series of announcements, including an expansion of its partnership with Amazon Web Services to produce custom chips. Intel also detailed plans to build its foundry business.

That helped offset a 2.2% drop for Philip Morris International, which said it expects to record a loss of $220 million against its third-quarter results because of the sale of its Vectura Group inhaled-therapeutics subsidiary.

The calm movements for the U.S. stock market overall were a sharp departure from prior weeks, during which the S&P 500 briefly fell nearly 10% below its all-time high. At the time, global markets were reeling on worries that a slowing U.S. economy could fall into a recession, along with some technical factors that forced hedge funds around the world to back out of a popular trade all at once.

Since then, excitement has built about an announcement scheduled for Wednesday afternoon from the Federal Reserve. The unanimous expectation on Wall Street is that the Fed will cut the federal funds rate, which has been sitting in a range of 5.25% to 5.50% for more than a year.

Lower rates would make things easier for the economy, which has already begun to slow because it’s become so expensive to borrow money for everything from houses to cars to corporate debt. The Fed has been keeping its main interest rate at a two-decade high in hopes of grinding down on the economy enough to stifle high inflation.

Now that inflation is down substantially from its peak two summers ago, the Fed believes it can shift its focus more toward protecting the job market and economy. The only question is how much the Fed will cut rates by, and that is a delicate balancing act.

While lowering rates gives a boost to the overall economy and to financial markets, it can also give inflation more fuel. Some critics say the Fed is already moving too late to help the economy, while others warn of inflation staying stubbornly higher than it has in the past.

The general expectation on Wall Street is for the Fed to deliver a larger-than-usual cut of half of a percentage point on Wednesday, according to data from CME Group. But it’s not a certainty. Traders are still betting on a 35% probability for a traditional-sized move of a quarter of a percentage point,

Economic reports released Tuesday did little to change those expectations. One said U.S. shoppers spent more at retailers last month than expected. That’s an encouraging signal indicating strength for the heart of the U.S. economy, but details underneath the surface may have been more discouraging. After ignoring automobiles and fuel, sales at U.S. retailers last month were a touch weaker than economists expected.

“This data isn’t going to decide the issue for the Fed, one way or the other,” Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley, said about the size of Wednesday’s rate cut.

A separate report that came later in the morning said U.S. industrial production returned to growth in August and was stronger than economists expected.

In the bond market, the 10-year Treasury yield rose to 3.64% from 3.62% late Monday. The two-year yield, which more closely tracks expectations for the Fed’s actions, rose to 3.59% from 3.56%.

In stock markets abroad, Japan’s Nikkei 225 fell 1% after the value the Japanese yen ticked higher against the U.S. dollar.

The yen has been rising on expectations the Bank of Japan will continue to head in the opposite direction of the Federal Reserve and keep raising interest rates. A stronger yen can hurt the profits of Japan’s big exporters.

Stock indexes rose modestly across much of Europe, while markets were closed in mainland China and South Korea.

AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

The New York Stock Exchange, with a banner for American Eagle Outfitters, is shown on Tuesday, Sept. 17, 2024, in New York. (AP Photo/Peter Morgan)

The New York Stock Exchange, with a banner for American Eagle Outfitters, is shown on Tuesday, Sept. 17, 2024, in New York. (AP Photo/Peter Morgan)

FILE - The American flag hangs from the front of the New York Stock Exchange on Sept. 10, 2024, in New York. (AP Photo/Peter Morgan, File)

FILE - The American flag hangs from the front of the New York Stock Exchange on Sept. 10, 2024, in New York. (AP Photo/Peter Morgan, File)

FILE - A person stands in front of an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, on May 28, 2024. (AP Photo/Eugene Hoshiko, File)

FILE - A person stands in front of an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, on May 28, 2024. (AP Photo/Eugene Hoshiko, File)

FILE - People walk in front of Tokyo Stock Exchange building in Tokyo, on May 28, 2024. (AP Photo/Eugene Hoshiko, File)

FILE - People walk in front of Tokyo Stock Exchange building in Tokyo, on May 28, 2024. (AP Photo/Eugene Hoshiko, File)

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