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Usyk vs. Fury 2: How to watch, betting odds and more about heavyweight title rematch

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Usyk vs. Fury 2: How to watch, betting odds and more about heavyweight title rematch
Sport

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Usyk vs. Fury 2: How to watch, betting odds and more about heavyweight title rematch

2024-12-19 20:47 Last Updated At:20:50

RIYADH, Saudi Arabia (AP) — The rematch is days away. Oleksandr Usyk and Tyson Fury will go at it again on Saturday night in Saudi Arabia.

Usyk won a split decision the first time and became boxing’s first undisputed heavyweight champion in 24 years. Since then, Usyk gave up the IBF title now held by Daniel Dubois.

So, Usyk's WBC, WBA and WBO belts will be on the line at Kingdom Arena — the same Riyadh venue that hosted the first meeting in May.

The 12-round fight is available pay-per-view on DAZN in most countries. The ring walk for Usyk-Fury is expected around 5 p.m. Eastern. That's 10 p.m. London time and 1 a.m. (Sunday) in Riyadh.

According to BetMGM Sportsbook, Usyk is a slight favorite at 3/4 odds to win, and Fury at 11/10 odds to win. The odds for a draw are 15/1.

Usyk secured a narrow victory on two scorecards, 115-112 and 114-113. The other judge favored Fury, 114-113. Through the first seven rounds, Fury was ahead on each scorecard, but Usyk began to rally. Usyk nearly finished off his 6-foot-9 opponent in the ninth, when he was credited with a knockdown before Fury was saved by the bell.

Besides Usyk’s three belts, there are legacies at stake. Usyk is 22-0 and wants cement his place as one of the greats with a decisive victory. The 37-year-old Ukrainian is also representing his country amid Russia's continuing military invasion. Fury (34-1-1) wants to avenge his only professional loss. The 36-year-old Englishman is 5-0 in rematches.

Of course, there's tens of millions of dollars on the line as well. The purse is a reported $190 million, though the fighters' cuts are not known. The paydays could get even bigger if there's a trilogy fight. Fury said this week that if he wins, he'll want a third bout. Usyk said “we'll see.”

Promising heavyweight Moses Itauma puts his undefeated record (10-0, 8 KOs) on the line against Australian Demsey McKean (22-1, 14 KOs). The 19-year-old Slovakia-born southpaw is a big puncher — none of his past six bouts have gone past the second round.

Elsewhere on the undercard, an all-British heavyweight bout features Johnny Fisher (12-0, 11 KOs) vs. David Allen (23-6-2, 18 KOs).

The first fight is scheduled to begin at 11 a.m. Eastern.

AP boxing: https://apnews.com/boxing

FILE - Britain's Tyson Fury, left, punches Ukraine's Oleksandr Usyk during their undisputed heavyweight world championship boxing fight at the Kingdom Arena in Riyadh, Saudi Arabia, May 19, 2024. (AP Photo/Francisco Seco, File)

FILE - Britain's Tyson Fury, left, punches Ukraine's Oleksandr Usyk during their undisputed heavyweight world championship boxing fight at the Kingdom Arena in Riyadh, Saudi Arabia, May 19, 2024. (AP Photo/Francisco Seco, File)

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Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market

2024-12-28 05:05 Last Updated At:05:10

NEW YORK (AP) — Stocks are closing lower as Wall Street ends a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones Industrial Average lost 333 points, or 0.8%. The Nasdaq composite dropped 1.5%. The “Magnificent 7” stocks weighed on the market, led by declines in Nvidia, Tesla and Microsoft. Even with the loss, the S&P 500 had a modest gain for the week and is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. The yield on the 10-year Treasury rose to 4.62%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

NEW YORK (AP) — Technology stocks are dragging down the market Friday as Wall Street closes out a holiday-shortened week.

The S&P 500 fell 1.3%, with more than 90% of stocks in the benchmark index losing ground. The benchmark index was managing to hold onto a modest gain for the week.

The Dow Jones Industrial Average fell 418 points, or 1%, to 42,878 as of 1:43 p.m. Eastern time. The Nasdaq composite fell 1.8%.

Technology stocks were the biggest weight on the market Friday. Semiconductor giant Nvidia slumped 2.7%. Its enormous valuation gives it an outsize influence on indexes. Other Big Tech stocks losing ground included Microsoft, with a 2% decline.

A wide range of retailers also fell. Amazon fell 1.9% and Best Buy slipped 1.8%. The sector is being closely watched for clues on how it performed during the holiday shopping season.

Energy stocks held up better than the rest of the market, with a loss of just 0.1% as crude oil prices rose 1.4%.

The S&P 500 gained nearly 3% over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline.

“There's just some uncertainty over this relief rally we've witnessed since last week,” said Adam Turnquist, chief technical strategist for LPL Financial.

Despite Friday's drop, the market is moving closer to another standout annual finish. The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998.

The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing.

A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week.

The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve's interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024.

Even though Inflation has come closer to the central bank's target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts.

Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation, a bigger U.S. government debt and difficulties for global trade.

Amedisys rose 4.7% after the home health care and hospice services provider agreed to extend the deadline for its sale to UnitedHealth Group. The Justice Department had sued to block the $3.3 billion deal, citing concerns he combination would hinder access to home health and hospice services in the U.S.

The move to extend the deadline comes ahead of an expected shift in regulatory policy under Trump. The incoming administration is expected to have a more permissive approach to dealmaking and is less likely to raise antitrust concerns.

In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader.

Markets in Europe gained ground.

Bond yields held relatively steady. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Thursday. The yield on the two-year Treasury slipped to 4.31% from 4.33% late Thursday.

Wall Street will have more economic updates to look forward to next week, including reports on pending home sales and home prices. There will also be reports on U.S. construction spending and snapshots of manufacturing activity.

FILE - The New York Stock Exchange is shown behind the statue titled "Fearless Girl", Thursday, Dec. 12, 2024, in New York. (AP Photo/Julia Demaree Nikhinson, File)

FILE - The New York Stock Exchange is shown behind the statue titled "Fearless Girl", Thursday, Dec. 12, 2024, in New York. (AP Photo/Julia Demaree Nikhinson, File)

FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)

FIL:E - The New York Stock Exchange is shown in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)

FIL:E - People photograph the New York Stock Exchange in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)

FIL:E - People photograph the New York Stock Exchange in New York's Financial District on Dec. 23, 2024. (AP Photo/Peter Morgan, File)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

People wait in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

People wait in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, Dec. 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)

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