A fire caused by a kerosene heater that flipped over in a center for refugees who had fled the Syrian civil war killed seven members of a family, a civil defense spokesman said Wednesday. The center is a temporary shelter for refugees before they are moved to a camp called Zaatari, which has been battered by a flash flood.
World Briefing | Middle East: Jordan: Fire Kills Family at Camp for Syrian Refugees
Label: World
Commentary: Background Checks? Yes, but Leave Video Games Alone
Label: TechnologyCOMMENTARY | I have mixed feelings toward the White House‘s gun violence response. I agree that background checks should be required before people are allowed to buy a firearm and that an assault weapon ban should be reinstated into law. While limiting the number of bullets in a weapon’s magazine will decrease the number of deaths in a mass shooting, the public does not need high-capacity magazines. Therefore any weapon using high-capacity magazines should be banned from public use, not just capping the magazines to 10 bullets.
But violent video games and other media images and scenes real-life violence? These media do not kill people. The shooters kill the people. Those who are mentally unstable may not understand that violent video games are not real life and should not be duplicated in real life. As long as gamers understand the difference between video games and real life, that shouldn’t be touched.
– Edmond, Okla.
Gaming News Headlines – Yahoo! News
Title Post: Commentary: Background Checks? Yes, but Leave Video Games Alone
Url Post: http://www.news.fluser.com/commentary-background-checks-yes-but-leave-video-games-alone/
Link To Post : Commentary: Background Checks? Yes, but Leave Video Games Alone
Rating:
100%
based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment
Baby Boy on the Way for Kara DioGuardi
Label: Lifestyle
Mom & Babies
Celebrity Baby Blog
01/16/2013 at 08:15 PM ET
Cindy Ord/Getty
Kara DioGuardi is going to be a mom!
The Grammy-nominated songwriter, who also served as a judge on American Idol‘s eighth and ninth seasons, confirms to PEOPLE exclusively that she and husband Mike McCuddy will welcome their first child via gestational surrogate in the coming weeks.
“We are eagerly awaiting the healthy and happy birth of our son Greyson James Carroll McCuddy,” DioGuardi, 42, tells PEOPLE.
After years of struggling with fertility issues and multiple failed IVF attempts, the couple, who wed in 2009, decided to explore other paths to parenthood — including adoption and surrogacy.
In the end, says DioGuardi, “We made a personal decision to try with a surrogate. I asked someone we knew, a friend. And on the first try, it worked.”
“We’re praying for our surrogate, that she gets through this and that it’s as easy on her as it can possibly be, because she’s been a gem throughout the whole process,” says the songwriter and music publisher.
“I’ve got two people on my mind: her and the baby. She’s given us this incredible gift.”
– Marisa Laudadio
Large study confirms flu vaccine safe in pregnancy
Label: HealthNEW YORK (AP) — A large study offers reassuring news for pregnant women: It's safe to get a flu shot.
The research found no evidence that the vaccine increases the risk of losing a fetus, and may prevent some deaths. Getting the flu while pregnant makes fetal death more likely, the Norwegian research showed.
The flu vaccine has long been considered safe for pregnant women and their fetus. U.S. health officials began recommending flu shots for them more than five decades ago, following a higher death rate in pregnant women during a flu pandemic in the late 1950s.
But the study is perhaps the largest look at the safety and value of flu vaccination during pregnancy, experts say.
"This is the kind of information we need to provide our patients when discussing that flu vaccine is important for everyone, particularly for pregnant women," said Dr. Geeta Swamy, a researcher who studies vaccines and pregnant women at Duke University Medical Center.
The study was released by the New England Journal of Medicine on Wednesday as the United States and Europe suffer through an early and intense flu season. A U.S. obstetricians group this week reminded members that it's not too late for their pregnant patients to get vaccinated.
The new study was led by the Norwegian Institute of Public Health. It tracked pregnancies in Norway in 2009 and 2010 during an international epidemic of a new swine flu strain.
Before 2009, pregnant women in Norway were not routinely advised to get flu shots. But during the pandemic, vaccinations against the new strain were recommended for those in their second or third trimester.
The study focused on more than 113,000 pregnancies. Of those, 492 ended in the death of the fetus. The researchers calculated that the risk of fetal death was nearly twice as high for women who weren't vaccinated as it was in vaccinated mothers.
U.S. flu vaccination rates for pregnant women grew in the wake of the 2009 swine flu pandemic, from less than 15 percent to about 50 percent. But health officials say those rates need to be higher to protect newborns as well. Infants can't be vaccinated until 6 months, but studies have shown they pick up some protection if their mothers got the annual shot, experts say.
Because some drugs and vaccines can be harmful to a fetus, there is a long-standing concern about giving any medicine to a pregnant woman, experts acknowledged. But this study should ease any worries about the flu shot, said Dr. Denise Jamieson of the Centers for Disease Control and Prevention.
"The vaccine is safe," she said.
___
Online:
Medical journal: http://www.nejm.org
U.S., others ground Boeing Dreamliner indefinitely
Label: Business(Reuters) - Europe, Japan and India on Thursday joined the United States in grounding Boeing Co's 787, a day after a second incident involving battery failure caused one of the Dreamliner passenger jets to make an emergency landing.
The U.S. Federal Aviation Administration (FAA) said on Wednesday it would temporarily ground Boeing's newest commercial airliner and insisted airlines would have to demonstrate the lithium ion batteries were safe before they could resume flying. It gave no details on when that might happen.
It is the first such action against a U.S.-made passenger plane since the McDonnell Douglas DC-10 was grounded in 1979 after a deadly crash in Chicago, analysts said.
Japanese Transport Ministry Vice Minister Hiroshi Kajiyama said the grounding was for an indefinite period, and India's aviation regulator said it was unclear when the aircraft would be back in service. A spokesman for the European Aviation Safety Agency said the region would follow the U.S. grounding order. Poland's LOT Airlines is the only European airline currently operating the 787.
Boeing said in a statement it was confident the 787 was safe and it stood by the plane's integrity.
"Boeing is committed to supporting the FAA and finding answers as quickly as possible. The company is working around the clock with its customers and the various regulatory and investigative authorities. We will make available the entire resources of The Boeing Company to assist," Chief Executive Jim McNerney said.
Passengers leaving United Airlines Flight 1426 in Houston - which had taken off from Los Angeles moments before the FAA announcement - reported an incident-free trip.
"I fly over 100,000 miles a year," said Brett Boudreaux, a salesman from Lake Charles, Louisiana. "That was one of the most relaxing flights I've ever had. I hope they sort it out. It's a hell of a plane."
POTENTIAL COST
Boeing shares fell 2 percent in after-hours trading to $72.75 after the FAA announcement on Wednesday.
"Ultimately, you can view it as a positive thing if they can resolve what the issues are and give people confidence in the safety of the aircraft. In the near-term, though, it's a negative. It's going to force the company to make significant investments," said Ken Herbert, an analyst at Imperial Capital in San Francisco.
The shares of GS Yuasa Corp, a Japanese firm that makes batteries for the Dreamliner, tumbled 4.7 percent in early Thursday trading in Tokyo. The stock has dropped 18 percent since January 7 when one of its batteries exploded in a parked Japan Airlines 787 at Boston Logan International Airport - one of several recent mishaps that have plagued the new lightweight, fuel-efficient jetliner.
Richard Aboulafia, a senior analyst with the Teal Group in Fairfax, Virginia, said the grounding would send jitters through investor circles, but was probably associated with Boeing's decision to build 50 planes before the 787 model entered service, rather than a more serious issue of plane design.
"Most likely it's a very big headache and they're being cautious, but there's still the possibility that it's much worse and much more expensive for Boeing," he said.
"There's clearly a pattern of problems with this aircraft but we don't know yet how many are teething pains and whether or not there's a more serious problem," Aboulafia said. "Most likely we're talking about teething pains based on the haphazard upfront manufacturing process. Building 50-something planes with lots of rework, all completed before certification - that's just a recipe for trouble."
The 787, which has a list price of $207 million, represents a leap in the way planes are designed and built, but the project has been plagued by cost overruns and years of delays. Some have suggested Boeing's rush to get planes built after those delays resulted in the recent problems, a charge the company denies.
BATTERY PROBLEMS
In Wednesday's incident, All Nippon Airways Co Ltd said instruments aboard a domestic flight indicated a battery error, triggering emergency warnings. The incident was described by a transport ministry official as "highly serious" - language used in international safety circles as indicating there could have been an accident. Both ANA and Japan Airlines then grounded their 24 Dreamliners pending checks.
The use of new battery technology is among the cost-saving features of the 787, which Boeing says burns 20 percent less fuel than rival jetliners using older technology.
Lithium ion batteries can catch fire if they are overcharged and, once alight, they are difficult to put out as the chemicals produce oxygen, Boeing's chief engineer for the 787, Mike Sinnett, told reporters last week. He said lithium ion was not the only battery choice, but "it was the right choice".
In Asia, only the Japanese and Air India have the Dreamliner in service, but other airlines are among those globally to have ordered around 850 of the new aircraft. Chile-based LAN also grounded its three 787s in compliance with the FAA warning.
Boeing has said it will at least break even on the cost of building the 1,100 new 787s it expects to deliver over the next decade. Some analysts, however, say Boeing may never make money from the aircraft, given its enormous development cost. Any additional cost from fixing problems discovered by the string of recent incidents would affect those forecasts and could hit Boeing's bottom line more quickly if it has to stop delivering planes, analysts said.
FINANCIAL PRESSURE
Moody's Investors Service said the 787 grounding was a negative credit development for Boeing, but ratings were not expected to be impacted for now. "This could pose new operating and financial pressures for Boeing, including further delay in delivery schedules and future order flow, as well as ongoing reputational risk," noted Russell Solomon, Moody's Senior Vice President and lead analyst for the company.
Barring a prolonged grounding or a severe and uncontained crisis, aircraft industry sources say there is no immediate threat of plane cancellations. Among other reasons, they cite the heavy costs of retraining and investing in new infrastructure, as well as a shortage of alternatives in an industry dominated by just two large jet suppliers.
The Dreamliner's problems could sharpen competition between Boeing and its European rival Airbus, which itself experienced a dip in sales for its A380 superjumbo following problems with wing cracks a year ago. The A380 crisis has since eased and most airlines report the aircraft are flying full.
(Reporting by U.S. and Tokyo bureaux, with additional contributions from other Reuters bureaux; Writing by Ian Geoghegan; Editing by Alex Richardson)
Op-Ed Contributor: How Turkey Can Make Peace With the Kurds
Label: World
THE assassination of three Kurdish activists in Paris last week has raised fears that the true target was peace talks between Turkey and the rebel Kurdistan Workers’ Party, or the P.K.K. But the so-called peace process was already in shambles before the killings, which have not been solved.
Turkey’s prime minister, Recep Tayyip Erdogan, claims that he wants a deal to end nearly 30 years of war between the state and the P.K.K. rebels. But he has yet to take the decisive action needed for a credible peace process. Until he understands that the Kurdish problem in Turkey is about politics and identity, and not just about getting the guerrillas to withdraw from Turkey and give up their weapons, there will be no hope for peace.
The head of Turkish intelligence, Hakan Fidan, has recently been holding talks with the imprisoned P.K.K. leader, Abdullah Ocalan. Turkey’s intelligence services have had discussions with Mr. Ocalan since he was captured in February 1999, but to no avail.
The problem is that Mr. Ocalan may not be the right partner to negotiate with. He is held in extreme isolation on an island prison, with all communication vetted by his jailers. He received a television in his cell for the first time just a few days ago. Visits must be approved, and rarely are. This means that Mr. Ocalan has limited knowledge of developments in the Kurdish region of Turkey. And while he remains the head of the P.K.K., he has no practical control over the rebels’ day-to-day operations.
Even if he were in control, the highly authoritarian Mr. Ocalan is not necessarily the man to ensure democracy for Turkey’s Kurds. During the nearly two decades he was based in Syria, Mr. Ocalan consolidated power by killing or isolating challengers.
A viable peace deal must answer Kurdish demands for human rights in a manner that protects the views of all Kurds, not just those of Mr. Ocalan and the P.K.K. And the best way to do this is through the Kurdish Peace and Democracy Party, known as the B.D.P., which won seats in Turkey’s parliament in 2011 and can genuinely claim to represent Kurdish aspirations.
Mr. Erdogan needs to recognize that the way to peace is through politics. Instead of engaging solely with Mr. Ocalan, as if the P.K.K. rebellion were purely a security problem, he must craft a political process that addresses Kurds’ grievances about cultural rights and autonomy, giving the rebels a reason to lay down their weapons.
To end the conflict, which has killed more than 40,000 people and hampered Turkey’s ability to exert its clout in the Middle East, Turkey needs to do three things.
First, Mr. Erdogan must unequivocally commit to a negotiated process that includes compromises by both sides. While Turkey’s territorial integrity should not be up for debate, everything else should be. Mr. Erdogan has generally been dismissive of Kurdish grievances. In a recent interview, he said there was no need to instruct Kurdish students in their native tongue, because they can already study the language as an elective. Instead of belittling Kurds’ cultural demands, he should demonstrate good faith by pushing through stalled constitutional and legal reforms, including changes to constitutional provisions that restrict the use of the Kurdish language in schools, punish criticism of the Turkish state and define citizenship through the prism of Turkish identity.
Second, Mr. Erdogan needs to understand that disarming the P.K.K. won’t come at the beginning of the peace process, but at the end. He can, and should, ask for a cease-fire agreement, but it cannot be a one-sided call for Kurdish surrender. To silence the P.K.K.’s guns while talks are under way, Turkey will also have to suspend its military operations against rebels in the southeast and in northern Iraq.
Third, Turkey shouldn’t limit itself to negotiating with an imprisoned authoritarian figurehead; it should also negotiate with the B.D.P. Unlike the P.K.K., the B.D.P. has legal recognition. But it also has legitimacy among Kurds due to its close ties to the P.K.K.; its members share the P.K.K.’s political goals of Kurdish autonomy and recognize Mr. Ocalan as a leader of the Kurds. This is what makes the B.D.P. a serious negotiating partner; the party can be an effective conduit for P.K.K. demands and help devise a viable democratic reform package in Parliament.
Aliza Marcus is the author of “Blood and Belief: The PKK and the Kurdish Fight for Independence.”
Tablet Too Small? Try Lenovo’s 27-Inch ‘Table PC’
Label: TechnologyGoogle’s aptly-named Nexus 7 tablet made a splash when it debuted last year, at $ 199 and with a screen 7 inches across. Apple soon released its own iPad Mini to join the increasingly crowded world of miniature tablets, which — at about half the size of a regular iPad — are so small as to be pocketable.
Other manufacturers, however, aren’t taking the “smaller is better” route. Microsoft‘s Surface tablet debuted with a 10.6-inch screen, almost an inch across more than the iPad. And now at the recent Consumer Electronics Show, at least two companies were showing off “tablets” the size of an HDTV.
The “IdeaCentre Horizon Table PC”
That’s the actual name of Lenovo‘s new product, which Lenovo is calling an “interpersonal PC” (yes, that is an interpersonal Personal Computer, in case you were wondering). It’s a Windows 8 tablet, with a screen 27 inches across. It can apparently serve as an iMac-style, all-in-one desktop just fine, but Lenovo wants people to use it flat on their tables, like in a promo video which evokes the original Microsoft Surface.
A $ 10,000 bathtub
That’s basically what the first Surface amounted to — the Microsoft prototype of years ago, which never saw widespread use. It was a super-expensive, bathtub-sized table, with a Windows Vista PC inside and a camera array which optically scanned its top surface. It wasn’t a true touchscreen, in other words, so much as an expensive hack that was mostly just good for demos and reminding people of the desks in “Tron.”
Lenovo’s “Table PC” is smaller than that Surface, but will also be a lot cheaper when it comes out “beginning in early summer,” at $ 1,699. And like in those giddy tech demos, it’s designed for multiple people to use it at once; for things like sorting through vacation photos, or even playing animated digital board games, using physical accessories like special dice. (Lenovo calls this sort of hybrid activity “phygital,” a name which probably won’t catch on.)
What about the games and apps?
Thanks to Microsoft’s push for developers to make tablet apps, the Windows Market is starting to fill with touch titles. Lenovo is mostly pushing its own shop, however, run in partnership with Intel, which has “5,000+ multi-user entertainment apps.” It’s not clear how many of those are actually designed for the Horizon Table PC, but it comes with a selection of entertainment and children’s titles, and with the built-in BlueStacks player it should be able to run certain Android apps as well.
Is 27 inches a little too big?
The Asus Transformer AiO, also shown off at CES, is based on a similar concept. It’s an 18.4-inch all-in-one Windows 8 PC, where the screen can detach and become a huge (but not as huge) tablet. Most of the hardware is in the base station, but it can connect to it wirelessly inside the home, Wii U style. It also converts to an Android tablet, for use separate from the base station.
Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.
Linux/Open Source News Headlines – Yahoo! News
Title Post: Tablet Too Small? Try Lenovo’s 27-Inch ‘Table PC’
Url Post: http://www.news.fluser.com/tablet-too-small-try-lenovos-27-inch-table-pc/
Link To Post : Tablet Too Small? Try Lenovo’s 27-Inch ‘Table PC’
Rating:
100%
based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment
It's a Boy for Elton John
Label: Lifestyle
Mom & Babies
Celebrity Baby Blog
01/15/2013 at 10:00 PM ET
George Pimentel/WireImage
Elton John is a father again!
The musician and David Furnish welcomed their second child, son Elijah Joseph Daniel Furnish-John, via surrogate on Friday, Jan. 11 in Los Angeles, the couple confirm to HELLO.
Born at 6:40 p.m., Elijah weighed in at 8 lbs., 4 oz.
John and Furnish, who married in 2005, are already parents to son Zachary Jackson Levon, 2.
“Both of us have longed to have children, but the reality that we now have two sons is almost unbelievable. The birth of our second son completes our family in a most precious and perfect way,” the couple say in a statement.
“It is difficult to fully express how we are feeling at this time; we are just overwhelmed with happiness and excitement.”
John, 65, has been open about his desire to expand their family.
“I know when he goes to school there’s going to be an awful lot of pressure, and I know he’s going to have people saying, ‘You don’t have a mummy,’” says the singer-songwriter of his decision to have another baby.
“It’s going to happen. We talked about it before we had him. I want someone to be at his side and back him up. We shall see.”
– Sarah Michaud
Risk to all ages: 100 kids die of flu each year
Label: HealthNEW YORK (AP) — How bad is this flu season, exactly? Look to the children.
Twenty flu-related deaths have been reported in kids so far this winter, one of the worst tolls this early in the year since the government started keeping track in 2004.
But while such a tally is tragic, that does not mean this year will turn out to be unusually bad. Roughly 100 children die in an average flu season, and it's not yet clear the nation will reach that total.
The deaths this year have included a 6-year-old girl in Maine, a 15-year Michigan student who loved robotics, and 6-foot-4 Texas high school senior Max Schwolert, who grew sick in Wisconsin while visiting his grandparents for the holidays.
"He was kind of a gentle giant" whose death has had a huge impact on his hometown of Flower Mound, said Phil Schwolert, the Texas boy's uncle.
Health officials only started tracking pediatric flu deaths nine years ago, after media reports called attention to children's deaths. That was in 2003-04 when the primary flu germ was the same dangerous flu bug as the one dominating this year. It also was an earlier than normal flu season.
The government ultimately received reports of 153 flu-related deaths in children, from 40 states, and most of them had occurred by the beginning of January. But the reporting was scattershot. So in October 2004, the government started requiring all states to report flu-related deaths in kids.
Other things changed, most notably a broad expansion of who should get flu shots. During the terrible 2003-04 season, flu shots were only advised for children ages 6 months to 2 years.
That didn't help 4-year-old Amanda Kanowitz, who one day in late February 2004 came home from preschool with a cough and died less than three days later. Amanda was found dead in her bed that terrible Monday morning, by her mother.
"The worst day of our lives," said her father, Richard Kanowitz, a Manhattan attorney who went on to found a vaccine-promoting group called Families Fighting Flu.
The Centers for Disease Control and Prevention gradually expanded its flu shot guidance, and by 2008 all kids 6 months and older were urged to get the vaccine. As a result, the vaccination rate for kids grew from under 10 percent back then to around 40 percent today.
Flu vaccine is also much more plentiful. Roughly 130 million doses have been distributed this season, compared to 83 million back then. Public education seems to be better, too, Kanowitz observed.
The last unusually bad flu season for children, was 2009-10 — the year of the new swine flu, which hit young people especially hard. As of early January 2010, 236 flu-related deaths of kids had been reported since the previous August.
It's been difficult to compare the current flu season to those of other winters because this one started about a month earlier than usual.
Look at it this way: The nation is currently about five weeks into flu season, as measured by the first time flu case reports cross above a certain threshold. Two years ago, the nation wasn't five weeks into its flu season until early February, and at that point there were 30 pediatric flu deaths — or 10 more than have been reported at about the same point this year. That suggests that when the dust settles, this season may not be as bad as the one only two years ago.
But for some families, it will be remembered as the worst ever.
In Maine, 6-year-old Avery Lane — a first-grader in Benton who had recently received student-of-the-week honors — died in December following a case of the flu, according to press reports. She was Maine's first pediatric flu death in about two years, a Maine health official said.
In Michigan, 15-year-old Joshua Polehna died two weeks ago after suffering flu-like symptoms. The Lake Fenton High School student was the state's fourth pediatric flu death this year, according to published reports.
And in Texas, the town of Flower Mound mourned Schwolert, a healthy, lanky 17-year-old who loved to golf and taught Sunday school at the church where his father was a youth pastor.
Late last month, he and his family drove 16 hours to spend the holidays with his grandparents in Amery, Wis., a small town near the Minnesota state line. Max felt fluish on Christmas Eve, seemed better the next morning but grew worse that night. The family decided to postpone the drive home and took him to a local hospital. He was transferred to a medical center in St. Paul, Minn., where he died on Dec. 29.
He'd been accepted to Oklahoma State University before the Christmas trip. And an acceptance letter from the University of Minnesota arrived in Texas while Max was sick in Minnesota, his uncle said.
Nearly 1,400 people attended a memorial service for Max two weeks ago in Texas.
"He exuded care and love for other people," Phil Schwolert said.
"The bottom line is take care of your kids, be close to your kids," he said.
On average, an estimated 24,000 Americans die each flu season, according to the Centers for Disease Control and Prevention. People who are elderly and with certain chronic health conditions are generally at greatest risk from flu and its complications.
The current vaccine is about 60 percent effective, and is considered the best protection available. Max Schwolert had not been vaccinated, nor had the majority of the other pediatric deaths.
Even if kids are vaccinated, parents should be watchful for unusually severe symptoms, said Lyn Finelli of the CDC.
"If they have influenza-like illness and are lethargic, or not eating, or look punky — or if a parent's intuition is the kid doesn't look right and they're alarmed — they need to call the doctor and take them to the doctor," she advised.
___
CDC advice on kids: http://www.cdc.gov/flu/protect/children.htm
Dow, S&P 500 inch up with retailers but Apple drags again
Label: BusinessNEW YORK (Reuters) - The Dow and S&P 500 edged higher on Tuesday after stronger-than-expected retail data, though tech heavyweight Apple dragged on the market for a third day.
Apple was the biggest weight on both the S&P 500 and Nasdaq 100 <.ndx> after reports on Monday of cuts to orders for iPhone parts. Shares declined 3.2 percent to $485.92 and closed below $500 for the first time since February.
Retail stocks advanced after a government report showing retail sales rose more than expected in December was seen as a favorable sign for fourth-quarter growth. A separate report showed manufacturing activity in New York state contracted for the sixth month in a row in January.
"A little better-than-expected news on retail sales once again reinforces that the consumer remains alive and reasonably well," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia, which manages about $54 billion in assets.
Among retailers, American Eagle Outfitters Inc gained 4.8 percent to $20.58 and Gap Inc
Express Inc
The Dow Jones industrial average <.dji> was up 27.57 points, or 0.20 percent, at 13,534.89. The Standard & Poor's 500 Index <.spx> was up 1.66 points, or 0.11 percent, at 1,472.34. The Nasdaq Composite Index <.ixic> was down 6.72 points, or 0.22 percent, at 3,110.78.
Apple's stock has lost about 7 percent in the last three sessions and is down 8.7 percent since the start of the year.
"It's tough to discern exactly what's putting the pressure on it. But at the end of the day, its influence, considering it's still 3 1/2 to 4 percent of the S&P 500 index, is being felt," Luschini said.
"I attribute (it) to just some of the bloom coming off of the rose. They haven't necessarily done anything wrong, as much as others have caught up."
Also keeping investors on edge is the looming debt ceiling debate. On Monday, President Barack Obama rejected any negotiations with Republicans over raising the U.S. debt ceiling. The United States could default on its debt if Congress does not increase the borrowing limit.
Resolving the debt ceiling is more a question of how than if. Investors don't expect a U.S. default, but they are also wary of another eleventh-hour agreement like the one in August 2011.
An expected lackluster earnings season, too, kept investors from taking aggressive bets. Analyst estimates for the quarter have fallen sharply since October. S&P 500 earnings growth is now seen up just 1.8 percent from a year ago, Thomson Reuters data showed.
Homebuilder Lennar
Dell Inc
On the down side, shares of Facebook
Volume was roughly 5.8 billion shares traded on the New York Stock Exchange, the Nasdaq and the NYSE MKT, compared with the 2012 average daily closing volume of about 6.45 billion.
Advancers outpaced decliners on the NYSE by about 17 to 12 and on the Nasdaq by about 13 to 11.
(Additional reporting by Chuck Mikolajczak; Editing by Kenneth Barry and Nick Zieminski)
Copyright © News pretemporal. All rights reserved.
Design And Business Directories