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NEW YORK (AP) — Stocks fell sharply on Wall Street Thursday as high-flying technology companies took a tumble after months of spectacular gains. The benchmark S&P 500 lost 3.5%, its biggest loss since June, and the tech-heavy Nasdaq fell 5%. Both indexes set record highs a day earlier. Apple, the most valuable U.S. company, slumped 8%. Big Tech companies have made outsize gains this year as investors bet that they would continue posting huge profits, even with many coronavirus restrictions still in place, as people spend more time online with their devices. Some worry those tech companies will be hit hard in a souring US-China relationship and any future tariffs, according to CNN. Treasury yields fell as cautious investors shifted money into bonds. 770

New York, New Jersey and Connecticut are imposing a 14-day quarantine on incoming travelers from states with a high transmission rate of the coronavirus."We worked really hard to get the viral transmission rate down, and we don't want to see it go up," New York Gov. Andrew Cuomo said. "So we are jointly instituting that travel advisory today."The travel advisory will apply to states with two criteria: States that have an infection rate above 10 cases per 100,000 people and states where 10% of the total population test positive. Both criteria are measured on a seven-day rolling average.As of Wednesday, the states that the travel advisory applies to include Alabama, Arizona, Arkansas, Florida, North Carolina, South Carolina, Washington, Utah and Texas.This story was originally published by Lauren Cook and Mark Sundstrom on WPIX. 846

NEW YORK CITY, NY -- New York Police Department Deputy Inspector Stewart Loo says he's going to do something about hate crimes targeting Asian Americans in the city.He says it's close to his heart."This hit home for me because I have friends, families who are legitimately afraid to go outside because they have feared for their safety.”The new task force was introduced Tuesday by Chief of Detectives Rodney Harrison."This task force has been built and will continue to build trust and understanding between the NYPD and Asian New Yorkers,” he said.The task force was put together in response to a rise in hate crime attacks on the Asian community amid the coronavirus pandemic. A result of the harsh rhetoric surrounding the virus, which is believed to have originated in Wuhan, China, before spreading around the globe.Some Asian New Yorkers bore the violent backlash of rhetoric gone wrong. There have been 21 attacks in the city since March."Asian New Yorkers were attacked on trans, buses, [in] parks, restaurants and walking in their own neighborhoods,” said Harrison. He praised the hate crimes task force for clearing about 17 arrests but admitted the reluctance on the part of some victims to follow up with the active investigations due to language barriers, cultural differences, or even fear of the police.This story was first reported by Craig Treadway at WPIX in New York. 1395

NEW YORK CITY — In what New York City's mayor is calling a "Christmas miracle," an NYPD officer is conscious and communicating after he was shot in the back in Brooklyn while responding to a 911 call for a domestic dispute, police said.The incident occurred in the Crown Heights neighborhood of Brooklyn on Thursday night.Police said the alleged shooter has been arrested and the gun was recovered. A bulletproof vest protected the 27-year-old officer, who was rushed to a local hospital after being shot near Prospect Place and Ralph Avenue. It went into the vest, but didn't penetrate the officer's skin, NYPD Commissioner Dermot Shea said.The shooter allegedly threatened his girlfriend, New York City Mayor Bill de Blasio said.The girlfriend's mother repeatedly called 911, begging for police to come, Shea said. She said the boyfriend had threatened to shoot the home up. As officers on the scene interviewed the daughter, her boyfriend arrived.He shot an officer and then ran, Shea said. Other officers pursued and arrested him a few blocks away. Body camera video shows officers repeatedly tell the shooter to drop his gun. He put it down on the sidewalk and was taken into custody."Because the NYPD was there, that woman is alive right now," de Blasio said. "Because our officer put himself in harm's way, an innocent woman is alive."The officer’s precise condition wasn’t immediately clear, but police officials said the officer was awake and responsive and has since been released from the hospital.De Blasio and Shea spoke to the officer's parents."They felt that this was a Christmas miracle that their son was alive and well," de Blasio said.The NYPD asked people to avoid the area. People were advised to expect a police presence in the area."It's Christmas Eve. This is a time when you would expect peace, you would expect harmony," de Blasio said.This story was originally published by Aliza Chasan on WPIX in New York City. 1948

NEW YORK — Jean Kennedy Smith, the youngest sister and last surviving sibling of President John F. Kennedy, died at 92, her daughter confirmed to the New York Times. Smith died Wednesday at her Manhattan home, her daughter Kym told the Times. Smith served as ambassador to Ireland for five years under President Bill Clinton. She also founded an arts education program that supports artists with physical or mental disabilities. She was the eighth of nine children born to Joseph P. and Rose Kennedy, and she tragically outlived several of them by decades. 564