Stocks slip after big gains on Wall Street
Investors pulled back on Tuesday following a Dow Jones rally Monday, with the Dow down 45.41 to 9853.64 as the Nasdaq and S&P 500 eased. Viacom edged higher on takeover rumors while Blockbuster fell, and AT&T moved lower after Betsy Bernard resigned to pursue other opportunities.
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Urban Rehab Board approves demolition of three buildings
The Urban Rehabilitation Standards Review Board in Baytown approved demolishing three buildings and granted a 30 day permit extension for one garage apartment at 200 West Republic. It also postponed decisions on two structures, with updates planned on several addresses and continued hearings for others including 905 Sunset and 3309 Michigan.
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Natural gas prices rise over 10 percent in two days
Prices for natural gas jumped more than 10 percent in two days amid colder weather and signs of recovering demand. January gas on the NYMEX rose to 5.579 dollars per 1000 cubic feet after a 4 percent daily gain, while heating oil also gained. Analysts caution on expectations and OPEC policy looming near meetings.
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