Market Update Close: Unlike the last few sessions, which succumbed to late-afternoon selling pressures, the major averages found renewed buying interest heading into the finish. Acting as sources of support that helped closed nine out of ten economic sectors higher and offset some negative news on the corporate front were tame economic data, falling bond yields and a decline in crude. Before the bell, Nov. personal income and spending both rose 0.3%, which were about what economists expected and consistent with current Q4 real GDP expectations of about 3% growth. More notably, though, the core PCE...
Keeping It Real Before you start a self-improvement program, check in with the people who know you best.
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General Health Tip
Drink Up! By the time you're conscious of feeling thirsty, your body is already dehydrated. It's essential to drink adequate fluids -- at least 6 cups of water every day.
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The news that a team of British climbers had reached the summit of Everest seemed an auspicious sign for the reign of newly crowned Queen Elizabeth II.
JESSICA'S DIVA DEMANDS
Jessica Simpson, 25, likes to act clueless, but she can swing her celebrity weight like a pro. According to a studio source, weeks before the press tour for The Dukes of Hazzard began, "we were bombarded with a six-page pamphlet of demands for Jessica from the office of her dad, Joe Simpson." Among Jessica's requests: paid accommodations for her hairstylist and assistant in the same hotel as Jessica; a wardrobe budget estimated in the thousands of dollars; cases of Evian water; and paid private... •JEN FREAKS OVER ANGELINA'S NEW BABY •JULIA STILES, GWYNETH PALTROW AND MORE!
US high court nominee urged eavesdropping immunity U.S. Supreme Court nominee Samuel Alito is shown on December 2, 2005. Alito once argued that the country's top law enforcement official should be immune from legal action for authorizing domestic wiretapping if it was done in the interest of national security, newly released documents show. (Jonathan Ernst/Reuters)
2:03 pm PT Market Wrap :The markets major averages spent the session locked within a very narrow range that surrounded the flat line. Some potential catalysts did emerge, but trading action was monotonous amid volume that was slimmer than usual as many traders headed into the holiday weekend a day early. Nonetheless, the indices managed to hold their own following yesterdays gains. More...
1:02 pm PT Optimal Group announces that Henry Karp will step down as President and Chief Operating Officer on Dec. 31, 2005 (OPMR) 19.90 +0.13:
1:01 pm PT Patterson Companies announces resignation of head of Dental Business (PDCO) 34.60 +0.10:Co announced the resignation of Scott R. Kabbes, president of the Patterson Dental Supply unit, effective December 31, 2005. Co cites "his desire to pursue more entrepreneurial endeavors, as well as spend more time with his family."
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