Investors marked the last trading day of 2005 Friday with the same conundrum they faced all year — trying to find a good reason to buy stocks and coming up short. Stocks fell to their December lows, and the Dow Jones industrials finished the year lower.With little news to spur buying, stocks fell as investors consolidated their meager profits on the year, and as a result, the Dow closed the year with a loss for the first time since 2002, though other major indexes were expected to post modest gains for 2005. The Dow fell 67.32, or 0.6%, to 10,717.50. Broader stock indicators also lost ground. The Standard & Poor's 500 index fell 6.13, or 0.5%, to 1248.29, and the Nasdaq composite index fell 12.84, or 0.6%, to 2205.32. The Dow lost about 0.6% for the year; the S&P 500 is up 3% — or just one-third of last year's 9% advance. And the Nasdaq is up about 1.4% in 2005.... http://www.usatoday.com censor News |
Editor - 17:21:00 12-30-05 |
Ore. Ruling Makes Archdioses' Property Vulnerable in Sex Abuse Cases |
| A bankruptcy judge ruled Friday that the Archdiocese of Portland, not its parishes, owns church assets, dealing a major blow to its efforts to protect church property from lawsuits filed by alleged victims of p.. full News |
Editor - 14:37:00 12-30-05 |
Canada Owes War Veterans C$4.6 Billion, Court Rules |
| The Canadian government owes disabled war veterans more than C$4.6 billion ($3.95 billion) because it failed to invest their savings and pensions properly, a judge in Windsor, Ontario, ruled. The judgment is th.. full News |
Editor - 14:32:00 12-30-05 |
Man Drives to Hospital With a Gun Shot Wound in the Head |
| A man who woke up with a head wound drove himself to a hospital, where doctors found a bullet lodged in his brain. His girlfriend killed herself when she was contacted by police. Glen Thomas Betterley, 53, noti.. full News |
Editor - 12:11:00 12-30-05 |
World Bank warns Chad on oil law |
| The World Bank has warned that it could take action against Chad after the country's parliament changed a law governing the use of oil revenues. World Bank President Paul Wolfowitz said the law was a deciding f.. full News |
Editor - 11:41:00 12-30-05 |
Gaza border reopens after protest |
| The Rafah crossing point between Egypt and the Gaza Strip has been reopened hours after a protest by Palestinian police officers forced it to close. The police, backed by gunmen from the Fatah party, had storme.. full News |
Editor - 11:33:00 12-30-05 |
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