Dow transports surge as Kansas City Southern’s stock extends record rally

The Dow Jones Transportation Average DJT, +1.29% surged 1.4% in morning trading Monday, and is now outperforming the Dow Jones Industrial Average DJIA, -0.02% this year, as Kansas City Southern’s stock KSU, +1.16% shot up toward a fifth-straight record close. The Dow transports are now up 16.1% year to date, while the Dow industrials, which is up 21 points, or 0.1%, in morning trading, has gained 14.9% this year. Kansas City Southern’s stock climbed 1.5%, after running up 7.3% on Friday, after the railroad operator reported third-quarter profit and revenue that rose above expectations. The shares have run up 12% amid a five-day win streak, and have shot up 54.3% this year.

Man in MAGA hat arrested after allegedly spraying protestors with bear spray

Authorities in Southern California say a supporter of Donald Trump was arrested after spraying bear repellent on a small crowd protesting the president at the Santa Monica Pier.

Santa Monica police say pro- and anti-Trump demonstrators were shouting at each other Saturday when a scuffle broke out.

A video posted online shows a man wearing a “Make America Great Again” hat circling the crowd and then unleashing a torrent of spray from a canister. Officials say nobody was seriously hurt by the repellent, which is similar to pepper sprays used by police.

The Los Angeles Times reports authorities arrested a man who could face charges including violating the terms of his parole from a previous weapons violation. His name was not released.

Investigators are trying to determine whether a second man also sprayed the crowd.

Same-sex marriage and abortion will be legal in Northern Ireland

Same-sex marriage and abortion will become legal in Northern Ireland for the first time, how WhatsApp is linked with huge protests in Lebanon, and dirty air is linked with spikes in heart attacks.

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Warren vows to ban federal funding for new charter schools

Democratic presidential candidate Elizabeth Warren has announced an education proposal pledging to spend hundreds of billions of dollars on public schools while ending all federal funding to create new charter schools.

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The Massachusetts senator said Monday she’ll “adequately and equitably” fund K-12 education using a “wealth tax” of 2% on households worth $50 million that has become a centerpiece of her campaign.

Warren also promises to revive the Department of Education’s Office of Civil Rights to better combat discrimination in public schools.

And she says that as president she would ensure public funding goes only to public schools. She says she also would halt any federal funding for new charter schools while banning for-profit charter schools and requiring existing charter schools meet accountability rules currently required of traditional public schools.

Infosys stock slammed after it says it has received whistleblower complaints alleging unethical practices

U.S.-listed shares of Indian IT and outsourcing company Infosys INFY, -13.72% fell 12% Monday, after the company said it has received anonymous whistleblower complaints alleging unethical practices. "These have been placed before the Audit Committee as per the Company’s practice and will be dealt with in accordance with the Company’s whistleblower policy which can be found at" https://www.infosys.com/investors/corporate-governance/Documents/whistleblower-policy.pdf, the company said in a statement. The statement came after a report in India’s The Economic Times that an anonymous group had sent letters to the company’s board and to the U.S. Securities and Exchange Commission alleging the company was using unethical means to boost short-term earnings. The group said it has emails and voice recordings to substantiate their claims. Infosys ADRs have fallen 2% in 2019, while the S&P 500 SPX, +0.48% has gained 19%.

Gold falls marginally by ₹30; silver up ₹150

In the international market, gold prices were trading flat at $1,488.76 an ounce and silver was trading at $17.67 per ounce

Gold prices on Monday fell marginally by ₹30 to ₹38,955 per 10 gram in the national capital on a weak global trend, according to HDFC Securities.

The precious metal had closed at ₹38,985 per 10 gram on Saturday.

“Spot gold prices for 24 karat in Delhi was trading marginally down by ₹30 to ₹38,955 in absence of festival buying and weak global prices,” HDFC Securities, senior analyst – Commodities, Tapan Patel said.

Silver prices, however, moved up by ₹150 to ₹46,750 per kg from ₹46,600 per kg.

In the international market, gold prices were trading flat at $1,488.76 an ounce and silver was trading at $17.67 per ounce.

“The international gold prices traded lower as the U.S. and China are narrowing the trade differences in order to pen down key phase 1 trade deal in November 2019,” he added.

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Thailand's king strips 'disloyal' royal consort of titles, military ranks

Thailand's King Maha Vajiralongkon has stripped his royal consort of her titles and military ranks, a palace statement said on late Monday.

Sineenat Wongvajirapakdi, 34, had breached a code of conduct for courtiers and was disloyal to the king, the statement said.

The announcement came just months after she was appointed the Royal Noble Consort by the king in July.