New details released in Conn. shooting
Warrants reveal Adam Lanza’s access to weapons and ammunition at his Newtown home. The gunman loaded four guns, drove to Sandy Hook Elementary, killed 20 first graders and six educators in about five minutes, then killed himself with a Glock. Authorities found autism books and weapon paraphernalia, along with a gun safe and a holiday card showing Nancy Lanza’s purchase of another firearm. Gov Malloy urged a ban on high capacity magazines as Obama pressed gun safety, with a nationwide Day of Demand Action and Bloomberg ads pushing background checks.
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S&P 500 closes at record high on steady gains
The S&P 500 posted a new record close at 1,569.19 as markets extended the recovery from the recession. The Dow also set a fresh high, lifting scores for the quarter, with investors buoyed by strong corporate profits, housing signs, and Fed support amid Cyprus and Italy concerns.
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Public backs adaptation over coast protection costs
A Stanford survey found over four fifths of Americans favor preparing for rising seas but only about one third support government spending on seawalls and beach rebuilding. Most prefer stronger building codes and limited coastal development funded by local property taxes.
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Stanford University
Jon Krosnick
Stanford
Krosnick
Gfk Custom Research
S. Jeffress Williams
University of Hawaii
Thursday Markets Show Drop in Corn and Oil Prices
The day’s market report lists the Dow at 14,578.54 with a 52.38 point rise, while Nasdaq falls. Corn leads losses at 40 cents down to 6.95, soybeans off 49 cents to 14.05, wheat down 10.50 cents to 7.64. Oil climbs 24 cents to 96.68, gold drops 10.30 to 1596.90, silver down 28.9 cents to 28.32, and platinum at 1571.20.
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