Friday, 30 December 2011

Summary Box: Stocks flat amid light trading (AP)

SHARES RISE: Stocks were barely changed Tuesday on mixed economic news and light trading. The Dow Jones industrial average fell 2.65 points to 12,291.

CONSUMERS VS REAL ESTATE: Consumer confidence surged to an eight-month high, but home prices dropped in major cities. Home prices fell in 19 of the 20 cities tracked by the Standard & Poor's/Case-Shiller index. The Conference Board's Consumer Confidence Index soared near a post-recession peak.

SEARS HURTS: Sears plunged 27 percent to $33.38, the most in the S&P 500. The retailer said it would close between 100 and 120 Sears and Kmart stores following poor sales during the holidays.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20111227/ap_on_bi_ge/us_wall_street_summary_box

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