Barrett stars as Raptors beat Celtics 110-97 to snap 10-game losing streak against Boston

TORONTO (AP) — RJ Barrett had 22 points and 10 rebounds, and the Toronto Raptors snapped a 10-game losing streak against Boston with a 110-97 victory over the Celtics on Wednesday night.

Jakob Poeltl added 16 points and 11 rebounds as the Raptors won consecutive games for the third time. Scottie Barnes scored 18 points.

Toronto, which beat Golden State on Monday, has yet to win three straight this season.

Peyton Pritchard scored 20 points, Kristaps Porzingis had 18 and Jayson Tatum added 16 for Boston. The Celtics shot 16 for 46 from 3-point range.

It was Boston's first loss to Toronto since March 28, 2022. Brown, Tatum and Horford were among four Celtics regulars who missed that defeat.

Toronto’s third win in 19 games was a major turnaround from the Raptors’ previous meeting with the Celtics. Toronto lost by a franchise-worst 54 points, 125-71, on Dec. 31 at Boston.

Raptors guard Immanuel Quickley sat for the second straight game. He has a left hip injury.

Celtics: Boston lost for the third time in its past five. It is 7-7 since starting the season 21-5.

Raptors: Guard Ochai Agbaji needed three stitches to close a cut on his right hand after being injured in the second quarter. He did not return.

Jamal Shead’s 3 with 7:36 to play capped a 12-4 Toronto run to start the fourth quarter and gave the Raptors a 100-86 lead, their biggest of the game at that point.

Porzingis (4 for 5) and Pritchard (4 for 8) combined to go 8 for 13 from 3-point range, but the rest of the Celtics went a combined 8 for 33.

Both teams play again Friday. Boston hosts Orlando, and Toronto visits Milwaukee.

AP NBA: https://apnews.com/hub/nba

Boston Celtics' Kristaps Porzingis (8) is called for a foul as Toronto Raptors' Davion Mitchell (45) defends during second half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Boston Celtics' Derrick White (9) shoots over Toronto Raptors' Gradey Dick (1) during second half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Boston Celtics' Jayson Tatum (0) runs into Toronto Raptors' Jakob Poeltl (19) during the second half of an NBA basketball game in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Boston Celtics' Jayson Tatum (0) drives as Toronto Raptors' Kelly Olynyk (41) defends during the second half of an NBA basketball game in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Boston Celtics' Jayson Tatum (0) shoots over Toronto Raptors' Kelly Olynyk as Bruce Brown looks on during the second half of an NBA basketball game in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett, left, makes a bounce pass past Boston Celtics' Derrick White, right, during the first half of an NBA basketball game in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' Gradey Dick (1) is fouled by Boston Celtics' Derrick White (9) during first half NBA basketball action in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett (9) strips the ball from Boston Celtics' Jaylen Brown (left) during first half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett, left, makes a bounce pass past Boston Celtics' Derrick White, right, during the first half of an NBA basketball game in in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett (9) drives at Boston Celtics' Jrue Holiday (4) during first half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett (9) drives between Boston Celtics' Al Horford (left) and Kristaps Porzingis (right) during first half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett (9) makes a pass as Boston Celtics' Al Horford defends during the first half of an NBA basketball game in Toronto on Wednesday, Jan. 15, 2025. (Frank Gunn/The Canadian Press via AP)

Boston Celtics' Jayson Tatum (0) makes a pass as Toronto Raptors' Scottie Barnes (4) defends during first half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

Toronto Raptors' RJ Barrett (9) drives as Boston Celtics' Kristaps Porzingis (8) defends during first half NBA basketball action in Toronto on Wednesday, January 15, 2025. (Frank Gunn/The Canadian Press via AP)

NEW YORK (AP) — Stocks of credit-card companies are tumbling on Monday after President Donald Trump threatened moves that could eat into their profits. The rest of Wall Street, meanwhile, was showing only modest signals of concern after tensions ramped to a much higher degree between the White House and the Federal Reserve.

The S&P 500 edged down by 0.1% from its all-time high as U.S. stocks drifted through mixed morning trading, while prices for gold and other investments that tend to do well when investors are nervous rose. The value of the U.S. dollar also dipped against the euro and other currencies amid concerns that the Fed may have less independence in setting interest rates to keep inflation under control.

The Dow Jones Industrial Average was down 179 points, or 0.4%, as of 10 a.m. Eastern time, and the Nasdaq composite was nearly unchanged.

Some of the market's sharpest drops came from credit-card companies, as Synchrony Financial, Capital One Financial and American Express all fell between 4% and 7%. They sank after Trump said he wanted to put a 10% cap on credit-card interest rates for a year. Such a move could eat into profits for credit card companies.

But it was a separate move by Trump that was grabbing more attention on Wall Street. Over the weekend, the Federal Reserve's chair, Jerome Powell, said the U.S. Department of Justice subpoenaed the Fed and threatened a criminal indictment over his testimony about renovations underway at its headquarters.

With an unusual video statement released on Sunday, Powell said his testimony and the renovations are “pretexts” for the threat of criminal charges, which is really “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.”

The Fed has been locked in a feud with the White House about interest rates. Trump has been loudly calling for lower interest rates, which would make borrowing cheaper for U.S. households and companies and could give the economy a kickstart.

The Fed did cut its main interest rate three times last year and has indicated more cuts may be arriving this year. But it’s been moving slowly enough that Trump has nicknamed Powell “Too Late.”

In a brief interview with NBC News Sunday, President Donald Trump insisted he didn’t know about the investigation into Powell. When asked if the investigation is intended to pressure Powell on rates, Trump said, “No. I wouldn’t even think of doing it that way.”

Powell’s term as chair ends in May, and Trump administration officials have signaled that he could name a potential replacement this month. Trump has also sought to fire Fed governor Lisa Cook.

The Fed has traditionally operated separately from the rest of Washington, making its decisions on interest rates without having to bend to political whims. Such independence, the thinking goes, gives it freedom to make unpopular moves that are necessary for the economy’s long-term health.

Keeping interest rates high, for example, could slow the economy and frustrate politicians looking to please voters. But it could also be the medicine needed to get high inflation under control.

In the bond market, the yield on the 10-year Treasury ticked up to 4.19% from 4.18% late Friday. A less independent Fed and higher inflation in the long term could also erode the value of the U.S. dollar, and it slipped 0.3% against the euro and 0.4% against the Swiss franc.

In stock markets abroad, indexes rose across much of Europe and Asia. Stocks jumped 1.4% in Hong Kong and 1.1% in Shanghai for two of the world’s bigger gains following reports that Chinese leaders were preparing more help for the economy.

AP Business Writers Matt Ott and Elaine Kurtenbach contributed.

Traders work on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)

James Lamb works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)

Specialist Anthony Matesic works on the floor of the New York Stock Exchange, Thursday, Jan. 8, 2026. (AP Photo/Richard Drew)

Daniel Kryger works on the floor at the New York Stock Exchange in New York, Friday, Jan. 9, 2026. (AP Photo/Seth Wenig)

Dealers watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)

A dealer walks 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 dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)

Dealers talk 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 dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)

A dealer walks near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Monday, Jan. 12, 2026. (AP Photo/Lee Jin-man)