FDA chief says U S beef supply safe after mad cow case
San Antonio Texas FDA commissioner Dr Mark McClellan argued that existing safety systems ensured the U S beef supply remains safe following the first mad cow case in Washington state He noted all infected cow parts were accounted for and stressed science based standards for trade partners and consumer protection Other topics included FDA actions on ephedra and curbing online scams in dietary supplements markets
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Crude futures slip after U S oil stock data
New York and London crude markets eased as U S petroleum data showed an unexpected distillate stock build while crude inventories fell to their lowest since at least 1982. Brent and WTI settled slightly lower as traders weighed anticipated natural gas storage figures against tight oil supplies.
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Dow Mixed On Eve Of Earnings And Jobs Data
Wall Street closed mixed as the Dow slipped 9.63 to 10,529.03 while the S and P 500 rose to 1,126.33 and the Nasdaq gained 20.31 to 2,077.68. Investors awaited December retail sales and the December employment report, with techs supported by Intel optimism and profits pressured at Alcoa ahead of earnings.
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