STORRS, Conn. (AP) — Geno Auriemma became the winningest coach in NCAA college basketball history, earning his 1,217th victory as No. 2 UConn beat Fairleigh Dickinson 85-41 on Wednesday night.
Auriemma broke a tie with retired Stanford coach Tara VanDerveer for the most victories all-time. Former Duke coach Mike Krzyzewski holds the men's record with 1,202. Auriemma began his journey with UConn in 1985 and is 1,217-162 in his career. He has only had one losing season — his first one with the Huskies.
The Huskies (4-0) celebrated Auriemma and associated head coach Chris Dailey's 40 years at the school with more than 60 alums, including former UConn greats Sue Bird, Diana Taurasi, Maya Moore and Rebecca Lobo in attendance.
UConn's latest star led the way as Paige Bueckers had 16 points, nine rebounds and five assists. Freshman Sarah Strong had 20 points.
FDU (4-2) hung around for the first few minutes and only trailed 14-12 before UConn scored nine of the final 11 points of the quarter. The Knights didn't get within single digits the rest of the way.
FDU: The Knights won their first four games this season — the first time that happened in 33 years.
UConn: The Huskies are finally starting to get healthy which will give Auriemma a deeper bench as the season progresses.
Azzi Fudd made her return to the UConn lineup after missing the last year with a right knee injury. She checked in with 3:39 left in the first quarter. She received a loud ovation from the crowd when she came into the game.
FDU coach Stephanie Gaitley is 24th on the NCAA wins list and is two victories short of 700.
FDU hosts Saint Peter's on Saturday while UConn heads to the Bahamas to play in a tournament. The Huskies' first game is against Oregon State on Monday.
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Former UConn players Sue Bird, left, and Diana Taurasi, share a laugh during a pregame ceremony honoring Geno Auriemma and longtime assistant Chris Dailey, Wednesday, Nov. 20, 2024, in Storrs, Conn. (AP Photo/Jessica Hill)
TOKYO (AP) — Asian shares were mostly lower on Thursday as regional markets tried to digest the strong and highly anticipated profit report from Nvidia.
Nvidia again topped analysts' expectations. But technology shares in Tokyo declined as they had already risen earlier in anticipation. In after-hours trading, Nvidia’s shares lost 2.5%.
Japan's benchmark Nikkei 225 shed 0.9% to 38,025.66, as shares in semiconductor equipment maker Advantest Corp. dropped 2.6%. Chip maker Tokyo Electron shed 0.5%.
Australia's S&P/ASX 200 slipped less than 0.1% to 8,323.00. South Korea's Kospi rose 0.5% to 2,493.73. Hong Kong's Hang Seng dipped 0.2% to 19,667.42, while the Shanghai Composite rose less than 0.1% to 3,368.80.
Stephen Innes, managing partner at SPI Asset Management, noted the market reaction to Nvidia's results was muted, partly because of the positioning that happened before the release. Its long-term prospects remain complex, he added.
“The bigger question remains: where exactly is the bar for Nvidia now?” Innes said. “This push to integrate AI into every corner of the corporate world risks backfiring when the technology is forced into roles it isn’t fully equipped to handle.”
Trading in the options market suggested Nvidia’s profit report was the most anticipated event left in 2024, more than even the Federal Reserve’s upcoming meeting on interest rates, according to Barclays Capital.
Nvidia has grown into a nearly $3.6 trillion behemoth because of nearly insatiable demand for its chips used in artificial-intelligence technology.
It’s grown so fast, with its stock nearly tripling for the year so far, that pressure has grown for it to show it can keep leapfrogging past analysts’ already high expectations.
On Wall Street, the S&P 500 finished the day virtually unchanged, at 5,917.11 after coming back from a loss of 1%. The Dow Jones Industrial Average eked out a 0.3% gain, to 43,408.47, and the Nasdaq composite slipped 0.1% to 18,966.14.
U.S. retailer Target’s 21.4% tumble followed a report showing weaker profit and revenue for the latest quarter than analysts expected. The retailer also gave a forecast for profit in the upcoming holiday season that was below analysts’ estimates.
Rival Walmart reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season.
Hints about how U.S. consumers are doing are under particular scrutiny, since their spending will help determine if the U.S. economy will continue growing and avoid a recession. Shoppers are contending with high prices across the economy and still-high interest rates.
“I find the Target and Walmart earnings very interesting because we typically see a waterfall type effect when the economy begins to struggle, with shoppers trading down from stores such as Target to Walmart,” said JJ Kinahan, CEO of IG North America.
Comcast rose 1.6% after announcing the spinoff of USA, CNBC, MSNBC and other cable television networks into a standalone company that will have its own stock trading on the market.
All told, the S&P 500 inched up by 0.13, or less than 0.1%, to 5,917.11. The Dow Jones Industrial Average added 139.53 points to 43,408.47, and the Nasdaq composite slipped 21.32 to 18,966.14.
Financial markets are also still absorbing the impacts of Donald Trump’s victory in the presidential election, including expectations that Trump’s policies will drive faster U.S. economic growth and inflation.
Treasury yields held relatively steady in the bond market. The 10-year yield edged up to 4.41% from 4.40% late Tuesday. It has been generally rising from less than 3.70% in September.
In energy trading, benchmark U.S. crude gained 12 cents to $68.87 a barrel. Brent crude, the international standard, added 12 cents to $72.93 a barrel.
In currency trading, the U.S. dollar fell to 155.09 Japanese yen from 155.31 yen. The euro cost $1.0552, down from $1.0546.
AP Business Writer Stan Choe contributed.
Yuri Kageyama is on Threads: https://www.threads.net/@yurikageyama
The facade of the New York Stock Exchange is illuminated on Tuesday, Nov. 19, 2024. (AP Photo/Peter Morgan)
People walk by monitors showing Japan's Nikkei 225 index and Japan's foreign exchange rate against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 21, 2024. (AP Photo/Hiro Komae)
Travelers walk by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. (AP Photo/Hiro Komae)
A woman covering herself from the rain walks by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. (AP Photo/Hiro Komae)
People walk by monitors showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, Nov. 21, 2024. (AP Photo/Hiro Komae)
A woman walks by a monitor showing Japan's foreign exchange rate against the U.S. dollar at a securities firm in Tokyo, Thursday, Nov. 21, 2024. (AP Photo/Hiro Komae)
