NEW YORK (AP) — Reactions to the death of Quincy Jones, who died Sunday at age 91:
— "My beloved Q. The world’s beloved Q. The one and only Quincy Jones “discovered” me for “The Color Purple” movie in 1985. My life changed forever for the better after meeting him. I had never experienced, nor have since, anyone who’s heart was so filled with love. He walked around with his heart wide open, and he treated everybody as if they were the most important person he’d ever met. He was the Light. No shadows. He was love lived out loud in human form and he was the first person I ever loved unconditionally. That’s how we signed all our notes to each other, “Unconditionally…” Oprah Winfrey on Instagram.
— “He was supremely talented, and I felt privileged to have known him for many years. He was friends with George Martin, the Beatles’ producer and, between the two of them, produced some very fine music. Quincy or ‘Quince’ or ‘Q’, as he was known, always had a twinkle in his eye and had a very positive, loving spirit which infected everyone who knew him. His work with Michael Jackson is, of course, legendary and he had so many other strings to his musical bow,” Paul McCartney on Instagram.
— "Quincy is the reason why I decided to become a record producer. His records were my go-to when I started engineering. All of the time that I spent hanging out with him was priceless and I love how open he was- the advice he gave me, the conversations we had have helped me in my life and career. Forever inspired by the incomparable Quincy Jones,” Dr. Dre, on Instagram.
— “I was honored to call Quincy a friend. I will always remember his generosity of spirit, his selfless support, and his deep kindness. Our world has lost a giant. But in his melodies, and in the lives he touched, Quincy’s legacy will live on forever,” Vice President Kamala Harris, in a statement Monday.
— “Quincy Jones is the true definition of a Mentor, a Father and a Friend. He pointed me toward the greatest parts of myself. He defended me. He nurtured me. He encouraged me. He inspired me. He checked me when he needed to. He let me use his wings until mine were strong enough to fly,” - Will Smith on Instagram.
— “I am speechless at the moment. What this man means to me goes extremely deep. What a life. What an expression of authenticity. What a teacher. I am humbled that I was given the gift of your openness and friendship. I am still processing,” Lenny Kravitz on X.
— “My fans know how important Quincy was to the fabric of my music. I was given the opportunity to write a foreword to his book and tried to capture what he meant to me as a human. Let’s celebrate his life today,” Abel Tesfaye/The Weeknd on X.
— “I woke up today to the Terrible news that we lost Quincy Jones.. Genius is a description loosely used but Rarely deserved. Point blank, Quincy was the MAN. I won my 1st Grammy with Quincy and I live with his Wisdom daily,” Ice-T on X.
— “My Celestial twin Quincy was a titan in the musical world. He was a wonderful and unique human being, lucky to have known him,” Michael Caine on X (Both Caine and Jones were born March 14, 1933).
— “Quincy Jones was a musical genius who transformed the soul of America – one beat, one rhythm, and one rhyme at a time. ... He was a great unifier, who believed deeply in the healing power of music to restore hope and uplift those suffering from hunger, poverty, and violence, in America and the continent of Africa,” President Joe Biden in a statement Monday.
— “His music appealed to listeners of every race and every age. And by building a career that took him from the streets of Chicago to the heights of Hollywood, Quincy paved the way for generations of Black executives to leave their mark on the entertainment business,” former President Barack Obama on X.
— “Today, we say goodbye to the legendary Quincy Jones—a musical giant whose genius reshaped our world and left an enduring legacy. Rest well, Quincy. #legend,” Morgan Freeman on X.
— “R.I.P to my mentor #QuincyJones, you’re the reason I became a composer at 16… Long live the musical king,” Wyclef Jean on X
— “He asked, where are you from? Philly I replied, his eyes twinkled and he talked about the Uptown Theater. I was so thrilled to meet Mr. American Music himself. I literally kneeled because he was a King. Thank you Mr. Quincy Jones for giving us all the sound,” Colman Domingo on X.
— “A masterful musician, composer, and orchestrator, who left his mark on the American musical culture. A man of soulfulness and swing. 'If music be the food of love , play on,'” Wendell Pierce on X.
— “We’ve lost a pure unadulterated genius. 20th century music carries his imprint,” playwright Lynn Nottage on X.
— “Quincy Jones was so much more than just a musical genius. He was a raconteur, film artist, and a good man. We were very lucky to have had him,” Lee Grant on X.
— “My hero. truly one of the greatest minds the music world has ever known. he was so kind to me, so wonderful, such an influence. his legacy and his music will live forever. thank you for everything, Q. you were the dude,” Harry Connick Jr. on Instagram.
Ice-T, Michael Caine pay tribute to Quincy Jones
FILE - In this Sept. 23, 2014 file photo, Producer Quincy Jones, of the documentary film "Keep On Keepin' On," poses for a portrait, in New York, Sept. 23, 2014. (Photo by Drew Gurian/Invision/AP, File)
Ice-T, Michael Caine pay tribute to Quincy Jones
NEW YORK (AP) — Stocks edged higher in midday trading on Wall Street Friday, keeping the market on track for its fifth gain in a row.
The S&P 500 was up 0.1% and is solidly on track for a weekly gain that will erase most of last week's loss.
The Dow Jones Industrial Average climbed 226 points, or 0.5%, and the Nasdaq composite slipped 0.2% as of 11:32 a.m. Eastern.
Several retailers jumped after giving Wall Street encouraging financial updates.
Gap soared 9.3% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 3.6% after raising its earnings forecast for the year.
EchoStar, parent company of the Dish satellite television provider, fell 3.3% after DirecTV called off its purchase of the company.
Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.3%.
A majority of stocks in the S&P 500 were gaining ground, but those gains were kept in check by slumps for several big technology companies.
Nvidia fell 3%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology.
Intuit, which makes TurboTax and other accounting software, fell 4.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations.
Facebook owner Meta Platforms fell 1.3% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm.
European markets were mostly higher and Asian markets ended mixed. Crude oil prices rose.
Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday.
In the crypto market, Bitcoin fell back a bit after surpassing $99,000 for the first time on Thursday. It has more than doubled this year and was most recently trading around $98,600, according to CoinDesk.
Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street.
Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending.
Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October.
The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020.
Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday.
A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.
FILE - The New York Stock Exchange is shown on Wednesday, Nov. 20, 2024, in New York. (AP Photo/Peter Morgan, File)
FILE - People walk under a sidewalk shed near the New York Stock Exchange on Oct. 30, 2024. (AP Photo/Peter Morgan, File)
A currency trader stands near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 22, 2024. (AP Photo/Lee Jin-man)
Currency traders watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 22, 2024. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 22, 2024. (AP Photo/Lee Jin-man)