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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 24, 2010
Page
6
New York AP reports retailers expect a crowded Christmas Eve as shoppers flock to malls. Analysts cite strong holiday spending, with NRF projecting 451.5 billion dollars nationwide, aiming to top 2007’s peak. Retailers tout one of the busiest days of the year as shoppers seek last minute discounts.
Notable General Motors renews a decade old supply relationship with Stillwater Mining Co after documents filed Thursday show the agreement to provide precious metals for catalytic converters. The move recollects GM’s 2009 bankruptcy era decision to drop Stillwater, a stance criticized by Montana’s lawmakers and Governor Brian Schweitzer for favoring foreign suppliers.
Thursday's market summary lists Dow at 11,573.49 down 11.88 points, Nasdaq at 2,665.60 down 5.88, and S&P 500 at 1,256.77 down 2.07. Bonds rise with 30-Year Treasury yielding 4.48%. Cattle and grain futures gain: Corn at 6.14, Soybeans at 13.50, Wheat at 8.45. Oil trades near 91.51.
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