Wall Street Mixed After Housing Report Alters Tone
Wall Street closed a volatile week with mixed results as a government report showing a sharp drop in new home sales raised concerns about ongoing housing weakness. The Dow ticked up 0.05 percent to 13365.87, the S P 500 rose 0.14 percent to 1478.49, while the Nasdaq fell 0.09 percent to 2674.46 for the day and the week sees the Dow down 0.63 percent, the S&P 0.65 percent, and the Nasdaq 0.55 percent. NetscapeNavigator will be shut down on February 1 after a 13year run under AOL Time Warner, with users urged to switch to Firefox though downloads remain available and security updates end.
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Netscape Navigator
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New home sales slump to 12 year low in November
The Commerce Department reports new home sales fell 9 percent in November to a seasonally adjusted annual rate of 647,000, the worst pace since April 1995. Analysts warned the housing market remains in a crash, fueling recession fears as foreclosures rise and mortgage access tightens.
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Local grain prices from Ottawa area elevators
Friday market roundup from Ottawa Cooperative Association shows wheat at 8.64 from Edgerton Overbrook and Lawrence elevators, corn at 4.20, milo 4.20, and soybeans 11.23. Midland and Lawrence North report gaps for wheat and milo but same corn and soybeans pricing. Continuous regional prices across Edgerton Overbrook Lawrence South elevators reflect mixed NA reports for some grains.
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Edgerton
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