Experts: Kids are resilient in coping with trauma


WASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.


Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?


For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering anxiety, depression, post-traumatic stress disorder.


But after the grief and fear fades, psychiatrists say most of Newtown's young survivors probably will cope without long-term emotional problems.


"Kids do tend to be highly resilient," said Dr. Matthew Biel, chief of child and adolescent psychiatry at MedStar Georgetown University Hospital.


And one way that younger children try to make sense of trauma is through play. Youngsters may pull out action figures or stuffed animals and re-enact what they witnessed, perhaps multiple times.


"That's the way they gain mastery over a situation that's overwhelming," Biel explained, saying it becomes a concern only if the child is clearly distressed while playing.


Nor is it unusual for children to chase each other playing cops-and-robbers, but now parents might see some also pretending they're dead, added Dr. Melissa Brymer of the UCLA-Duke National Center for Child Traumatic Stress.


Among the challenges will be spotting which children are struggling enough that they may need professional help.


Newtown's tragedy is particularly heart-wrenching because of what such young children grappled with — like the six first-graders who apparently had to run past their teacher's body to escape to safety.


There's little scientific research specifically on PTSD, post-traumatic stress disorder, in children exposed to a burst of violence, and even less to tell if a younger child will have a harder time healing than an older one.


Overall, scientists say studies of natural disasters and wars suggest most children eventually recover from traumatic experiences while a smaller proportion develop long-term disorders such as PTSD. Brymer says in her studies of school shootings, that fraction can range from 10 percent to a quarter of survivors, depending on what they actually experienced. A broader 2007 study found 13 percent of U.S. children exposed to different types of trauma reported some symptoms of PTSD, although less than 1 percent had enough for an official diagnosis.


Violence isn't all that rare in childhood. In many parts of the world — and in inner-city neighborhoods in the U.S., too — children witness it repeatedly. They don't become inured to it, Biel said, and more exposure means a greater chance of lasting psychological harm.


In Newtown, most at risk for longer-term problems are those who saw someone killed, said Dr. Carol North of the University of Texas Southwestern Medical Center, who has researched survivors of mass shootings.


Friday's shootings were mostly in two classrooms of Sandy Hook Elementary School, which has about 450 students through fourth-grade.


But those who weren't as close to the danger may be at extra risk, too, if this wasn't their first trauma or they already had problems such as anxiety disorders that increase their vulnerability, she said.


Right after a traumatic event, it's normal to have nightmares or trouble sleeping, to stick close to loved ones, and to be nervous or moody, Biel said.


To help, parents will have to follow their child's lead. Grilling a child about a traumatic experience isn't good, he stressed. Some children will ask a lot of questions, seeking reassurance, he said. Others will be quiet, thinking about the experience and maybe drawing or writing about it, or acting it out at playtime. Younger children may regress, becoming clingy or having tantrums.


Before second grade, their brains also are at a developmental stage some refer to as magical thinking, when it's difficult to distinguish reality and fantasy. Parents may have to help them understand that a friend who died isn't in pain or lonely but also isn't coming back, Brymer said.


When problem behaviors or signs of distress continue for several weeks, Brymer says it's time for an evaluation by a counselor or pediatrician.


Besides a supportive family, what helps? North advises getting children back into routines, together with their friends, and easing them back into a school setting. Studies of survivors of the Sept. 11 terrorist attacks found "the power of the support of the people who went through it with you is huge," she said.


Children as young as first-graders can benefit from cognitive-behavioral therapy, Georgetown's Biel said. They can calm themselves with breathing techniques. They also can learn to identify and label their feelings — anger, frustration, worry — and how to balance, say, a worried thought with a brave one.


Finally, avoid watching TV coverage of the shooting, as children may think it's happening all over again, Biel added. He found that children who watched the 9/11 clips of planes hitting the World Trade Center thought they were seeing dozens of separate attacks.


___


EDITOR'S NOTE — Lauran Neergaard covers health and medical issues for The Associated Press in Washington.


Read More..

Wall St slips as "cliff" talks sour, but hopes remain

NEW YORK (Reuters) - U.S. stocks fell on Wednesday as talks to avert a fiscal crisis by the end of the year turned sour following recent progress, even as the market's moderate decline points to expectations that a deal will be reached.


President Barack Obama and congressional Republicans are struggling to come up with a deal to avoid early 2013 tax hikes and spending cuts that many economists say could pull the U.S. economy back into recession.


House Speaker John Boehner said his chamber will pass a proposal that Obama had already threatened to veto as it spares many wealthy Americans from tax hikes needed to balance the budget. Obama has already agreed to reductions in benefits for senior citizens.


"My guess is they're close to a deal, and right before, it looks like the deal is about to blow up either on manufactured or legitimate reasons," said Uri Landesman, president of hedge fund Platinum Partners in New York.


He said if the market thought the deal was off, the S&P 500 would slide below 1,400. It stands now near 1,440, nor far from a two-month high.


The CBOE volatility index <.vix> surged 10.2 percent to trade above 17, but has remained relatively stable. Its 14- 50- and 200-day averages are all within 1.2 points.


Landesman said the VIX's stability indicates "the bulls have control of this market still."


The Dow Jones industrial average <.dji> fell 63.01 points, or 0.47 percent, to 13,287.95. The S&P 500 <.spx> lost 7.77 points, or 0.59 percent, to 1,439.02. The Nasdaq Composite <.ixic> dropped 4.97 points, or 0.16 percent, to 3,049.56.


General Motors bucked the overall weakness to surge 6.7 percent to $27.20 after the company said it will buy back 200 million of its shares from the U.S. Treasury, which plans to sell the rest of its GM stake over the next 15 months.


Banks and energy shares - groups that outperform during periods of economic expansion - have led recent gains, indicating a shift to focusing on a growing economy as Wall Street looks past the budget talks.


The S&P 500 added 2.3 percent over the past two sessions, the first time it has marked two straight days of 1 percent gains since late July.


Defensive sectors led the downside on Wednesday, with the S&P health care sector index <.gspa> down 0.9 percent.


Oracle shares helped cap losses in the Nasdaq after it reported earnings that beat expectations on strong software sales growth. Oracle jumped 3.7 percent to $34.09.


Knight Capital Group Inc climbed 6 percent to $3.53 after it agreed to be bought by Getco Holdings in a deal valued at $1.4 billion. The stock, which nearly collapsed after a trading error in August, remains down about 70 percent so far this year.


Data showed homebuilding permits touched their highest level in nearly 4-1/2 years in November. The PHLX housing index <.hgx> fell 0.6 percent, but is up nearly 70 percent this year as the housing market has turned the corner.


(Reporting by Rodrigo Campos; Editing by Jan Paschal)



Read More..

Egypt opposition protests against constitution


CAIRO (Reuters) - Opponents of Egyptian President Mohamed Mursi staged protests in Cairo on Tuesday against an Islamist-backed draft constitution that has divided Egypt but looks set to be approved in the second half of a referendum this weekend.


Several hundred protesters outside the presidential palace chanted "Revolution, revolution, for the sake of the constitution" and called on Mursi to "Leave, leave, you coward!". While the protest was noisy, numbers were down on previous demonstrations.


Mursi obtained a 57 percent "yes" vote for the constitution in the first part of the referendum last weekend, state media said, less than he had hoped for.


The opposition, which says the law is too Islamist, will be encouraged by the result but is unlikely to win the second part this Saturday, which is to be held in districts seen as even more sympathetic towards Mursi's Muslim Brotherhood.


The National Salvation Front opposition coalition said there were widespread voting violations last Saturday and called for protests to "bring down the invalid draft constitution".


The Ministry of Justice said it was appointing judges to investigate complaints of voting irregularities.


Opposition marchers converged on Tahrir Square, cradle of the revolution that toppled Hosni Mubarak almost two years ago, and Mursi's presidential palace, still ringed with tanks after earlier protests.


A protester at the presidential palace, Mohamed Adel, 30, said: "I have been camping here for weeks and will continue to do so until the constitution that divided the nation, and for which people died, gets scrapped."


The build up to the first day of voting saw clashes between supporters and opponents of Mursi in which eight people died. Recent demonstrations in Cairo have been more peaceful, although rival factions clashed on Friday in Alexandria, Egypt's second biggest city.


RESIGNATION


Egypt's public prosecutor resigned under pressure from his opponents in the judiciary, dealing a blow to Mursi and drawing an angry response from his supporters in the Muslim Brotherhood.


In a statement on its Facebook page, the Islamist group that propelled Mursi to power in an election in June, said the enforced departure of public prosecutor Talaat Ibrahim was a "crime" and authorities should not accept the resignation.


Further signs of opposition to Mursi emerged when a judges' club urged its members not to supervise Saturday's vote. But the call is not binding and balloting is expected to go ahead.


If the constitution is passed, national elections can take place early next year, something many hope will help end the turmoil that has gripped Egypt since the fall of Mubarak.


The closeness of the first referendum vote and low turnout give Mursi scant comfort as he seeks to assemble support for difficult economic reforms.


"This percentage ... will strengthen the hand of the National Salvation Front and the leaders of this Front have declared they are going to continue this fight to discredit the constitution," said Mustapha Kamal Al-Sayyid, a professor of political science at Cairo University.


Mursi is likely to become more unpopular with the introduction of planned austerity measures, Sayyid told Reuters.


To tackle the budget deficit, the government needs to raise taxes and cut fuel subsidies. Uncertainty surrounding economic reform plans has already forced the postponement of a $4.8 billion loan from the International Monetary Fund. The Egyptian pound has fallen to eight-year lows against the dollar.


Mursi and his backers say the constitution is needed to move Egypt's democratic transition forward. Opponents say the document is too Islamist and ignores the rights of women and of minorities, including Christians who make up 10 percent of the population.


Demonstrations erupted when Mursi awarded himself extra powers on November 22 and then fast-tracked the constitution through an assembly dominated by his Islamist allies and boycotted by many liberals.


The referendum has had to be held over two days because many of the judges needed to oversee polling staged a boycott in protest. In order to pass, the constitution must be approved by more than 50 percent of those voting.


(Additional reporting by Tamim Elyan and Edmund Blair; Writing by Giles Elgood; Editing by Alison Williams)



Read More..

EU’s Almunia sets deadline for Google antitrust plan






BRUSSELS (Reuters) – The European Union set Google an ultimatum on Tuesday, giving it a month to come up with detailed proposals to resolve a two-year investigation into complaints that it used its power to block rivals, including Microsoft.


The EU’s antitrust chief, Joaquin Almunia, delivered the deadline in a meeting with Google Executive Chairman Eric Schmidt in Brussels.






If it fails to address the complaints, the world’s most popular search engine could face a lengthy battle with what is arguably the world’s most powerful antitrust authority. If found guilty, it could mean a fine of up to 10 percent of its revenue, or $ 4 billion.


“Since our preliminary talks with Google started in July, we have substantially reduced our differences regarding possible ways to address each of the four competition concerns expressed by the Commission,” Almunia said in a statement.


“On the basis of the progress made, I now expect Google to come forward with a detailed commitment text in January 2013.”


Almunia said he would seek feedback from rivals and users once he has received Google’s proposal.


Google said it continues to work co-operatively with the Commission.


The European Commission has been examining informal settlement proposals from Google since July but has not sought feedback from the complainants, suggesting it is not convinced by what Google has put on the table so far.


The EU watchdog’s two-year investigation has centered on complaints that Google unfairly favored its services over its rivals in search results, and that it may have copied material from travel and restaurant websites without permission.


The Commission is also looking into whether Google restricted advertisers from transferring their data to rivals.


The Commission’s decision to press Google to offer more far-reaching concessions comes in sharp contrast to the case U.S. regulators have against the company.


Sources told Reuters the U.S. Federal Trade Commission could drop their investigation into Google without requiring any major change in how the company does business.


(Reporting by Foo Yun Chee; Editing by Robin Emmott, Louise Heavens and Nick Zieminski)


Tech News Headlines – Yahoo! News





Title Post: EU’s Almunia sets deadline for Google antitrust plan
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




Read More..

'Comfort Dogs' Relieve Emotional Stress in Grieving Newtown









12/18/2012 at 04:00 PM EST







A comfort dog meets with children in Newtown, Conn.


Courtesy K-9 Parish Comfort Dogs


The call came late on Friday night that Newtown, Conn., needed them.

Five specially trained golden retrievers and eight handlers arrived on Saturday to comfort those touched by tragedy, Vida Johnston, director of operations for Lutheran Church Charities's K-9 Comfort Dogs of Addison, Ill., tells PEOPLE.

Since then, they've been on the ground wherever the community needs them – comforting children and adults with cuddles and nuzzles.

"A parent will say, 'Thank you so much, I saw my child smile – and they haven't smiled for days,' " Johnston says. "The kids are telling the dogs about their own pets, they're [helping] them laugh, they're helping some of that burden drop off a bit. And the dogs just lay there, saying the more the merrier."

With Christmas just days away, the comfort dogs – pups trained not to bark and to be canine good citizens – are helping to relieve the pain in a way that only dogs can.

"At a high school school today the reaction was overwhelming," says Johnston, who hears the tales from her bevy of handlers. "Dogs have the amazing ability to zero in on the person in front of them that has the greatest need. They can have six or seven people sitting there and they go to the one who has the loss. The dogs know; it's amazing to watch."

The furry troupe has grown to eight dogs (a ninth will join them Tuesday) and they plan to stay in Newtown through Saturday, providing comfort and stress relief at schools and at vigils, or wherever else they're called.

And while the children have benefitted a lot from canine comfort, adults are also quietly yielding to their charms as well.

"We're finding the adults are holding it in," says Johnston, "and then they see the dogs and you see them visibly start to release that tension."

To learn more about the Lutheran Church Charities's K-9 Comfort Dogs program, click here.

Read More..

Experts: No link between Asperger's, violence


NEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.


Asperger's is a mild form of autism often characterized by social awkwardness.


"There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant clinical professor at the University of California, Los Angeles.


Little is known about Adam Lanza, identified by police as the shooter in the Friday massacre at a Newtown, Conn., elementary school. He fatally shot his mother before going to the school and killing 20 young children, six adults and himself, authorities said.


A law enforcement official, speaking on condition of anonymity because the person was not authorized to discuss the unfolding investigation, said Lanza had been diagnosed with Asperger's.


High school classmates and others have described him as bright but painfully shy, anxious and a loner. Those kinds of symptoms are consistent with Asperger's, said psychologist Eric Butter of Nationwide Children's Hospital in Columbus, Ohio, who treats autism, including Asperger's, but has no knowledge of Lanza's case.


Research suggests people with autism do have a higher rate of aggressive behavior — outbursts, shoving or pushing or angry shouting — than the general population, he said.


"But we are not talking about the kind of planned and intentional type of violence we have seen at Newtown," he said in an email.


"These types of tragedies have occurred at the hands of individuals with many different types of personalities and psychological profiles," he added.


Autism is a developmental disorder that can range from mild to severe. Asperger's generally is thought of as a mild form. Both autism and Asperger's can be characterized by poor social skills, repetitive behavior or interests and problems communicating. Unlike classic autism, Asperger's does not typically involve delays in mental development or speech.


Experts say those with autism and related disorders are sometimes diagnosed with other mental health problems, such as depression, anxiety, bipolar disorder or obsessive-compulsive disorder.


"I think it's far more likely that what happened may have more to do with some other kind of mental health condition like depression or anxiety rather than Asperger's," Laugeson said.


She said those with Asperger's tend to focus on rules and be very law-abiding.


"There's something more to this," she said. "We just don't know what that is yet."


After much debate, the term Asperger's is being dropped from the diagnostic manual used by the nation's psychiatrists. In changes approved earlier this month, Asperger's will be incorporated under the umbrella term "autism spectrum disorder" for all the ranges of autism.


__


AP Writer Matt Apuzzo contributed to this report.


___


Online:


Asperger's information: http://1.usa.gov/3tGSp5


Read More..

Wall Street up on economy bets as it looks past "cliff"

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as investors positioned for a better economic environment as confidence grew a deal would be struck in Washington regarding the ongoing budget negotiations.


The gains added to Monday's rally, giving the S&P 500 its best two-day run in a month.


Sectors poised to grow during economic expansion led gains as investors remain confident that Washington will come to an agreement to avoid the "fiscal cliff" --a series of spending cuts and tax hikes before the end of the year that could hurt economic growth.


The PHLX oil services sector index <.osx> jumped 2.6 percent with six of its 15 components up 3 percent or more.


"The view is that the economy is getting better and that is always good for energy demand," said Shawn Hackett, president at Hackett Financial Advisors in Boynton Beach, Florida.


"Risk takers get into the sector, betting on a bump in rig counts."


Hackett said the United States would avoid "whatever the cliff means" for the economy, allowing investors to focus on economic growth.


Financial stocks also rose sharply, as traders bet on a greater demand for loans and a steepening of the yield curve. U.S. government debt sold off Tuesday, with the benchmark yield briefly hitting its highest since late October.


The S&P financial sector <.gspf> added 1 percent.


The Dow Jones industrial average <.dji> rose 108.19 points, or 0.82 percent, to 13,343.58. The S&P 500 <.spx> gained 14.40 points, or 1.01 percent, to 1,444.76. The Nasdaq Composite <.ixic> added 41.24 points, or 1.37 percent, to 3,051.85.


President Barack Obama's most recent offer to Republicans in the ongoing budget talks makes concessions on taxes and social programs spending. House Speaker John Boehner said the offer is "not there yet," though he remains hopeful about an agreement. Senate Democrats, however, have expressed concern about cuts to Social Security.


Shares of firearm makers sank in the aftermath of a school shooting in Newtown, Connecticut, on Friday that killed 20 children and six adults.


Smith and Wesson fell 10.8 percent to $7.72 on its largest ever daily volume, though it was still up 77 percent so far this year. Sturm Ruger and Co slid 8.2 percent Tuesday to $40.39.


Technology shares rose led by Apple , up 2.3 percent above $530 after losing nearly 13 percent in the last two weeks. The S&P Information Technology Index <.gspt> rose 1.5 percent.


Arbitron Inc surged 23.6 percent to $47 after Nielsen Holdings NV agreed to buy the media and marketing research firm in a deal worth $1.26 billion. Nielsen rose 3.1 percent to $30.55.


(Reporting by Rodrigo Campos; Editing by Nick Zieminski)



Read More..

Connecticut Shooting: First Funerals Are Held for Noah Pozner and Jack Pinto









12/17/2012 at 03:20 PM EST







Noah Pozner (left) and Jack Pinto


AP; Landov


Friends and family said goodbye on Monday to two of the 27 victims of the massacre at Sandy Hook Elementary school in Newtown, Conn.

Noah Pozner and Jack Pinto, both 6, were the first laid to rest.

"Today is extremely emotional," Noah's aunt, Victoria Haller, tells PEOPLE. "My sister-in-law has been pretty much a wreck, which you can imagine. It's the worst thing in the world to lose a child."

Pozner, a loving boy who was inseparable from his siblings, had his services at Abraham L. Green and Son Funeral Home in Farfield, Conn., with his burial at B'nai Israel Cemetery in Monroe, Conn.

The entrance to the funeral home was adorned with white balloons. A large oak tree across from the home was covered with a sign that says, "Our hearts are with you Noah."

Pozner's twin sister, Arielle, along with older sister Sophia, 8, both survived the shooting.

Pinto, known for his love of the New York Giants, had his services at Honan Funeral Home in Newtown, and his burial at Newtown Village Cemetery.

On Saturday, his favorite player – wide receiver Victor Cruz – dedicated his game to Pinto, writing, "Jack Pinto, My Hero" on one of his cleats, and "Jack Pinto This one is 4 U!" on his gloves.

Friday morning's massacre took the lives of 20 children – 12 girls and eight boys. The gunman, identified as 20-year-old Adam Lanza, took his own life. His mother was also found killed in a different location.

Sandy Hook was closed on Monday. Other schools in the area will open on Tuesday, and the district has reportedly made plans to send surviving Sandy Hook students to a school in a neighboring town, but there is no date set.

Other victims of the tragedy have funeral dates set for later this week.

Reporting by MARY GREEN

Read More..

Experts: No link between Asperger's, violence


NEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.


Asperger's is a mild form of autism often characterized by social awkwardness.


"There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant clinical professor at the University of California, Los Angeles.


Little is known about Adam Lanza, identified by police as the shooter in the Friday massacre at a Newtown, Conn., elementary school. He fatally shot his mother before going to the school and killing 20 young children, six adults and himself, authorities said.


A law enforcement official, speaking on condition of anonymity because the person was not authorized to discuss the unfolding investigation, said Lanza had been diagnosed with Asperger's.


High school classmates and others have described him as bright but painfully shy, anxious and a loner. Those kinds of symptoms are consistent with Asperger's, said psychologist Eric Butter of Nationwide Children's Hospital in Columbus, Ohio, who treats autism, including Asperger's, but has no knowledge of Lanza's case.


Research suggests people with autism do have a higher rate of aggressive behavior — outbursts, shoving or pushing or angry shouting — than the general population, he said.


"But we are not talking about the kind of planned and intentional type of violence we have seen at Newtown," he said in an email.


"These types of tragedies have occurred at the hands of individuals with many different types of personalities and psychological profiles," he added.


Autism is a developmental disorder that can range from mild to severe. Asperger's generally is thought of as a mild form. Both autism and Asperger's can be characterized by poor social skills, repetitive behavior or interests and problems communicating. Unlike classic autism, Asperger's does not typically involve delays in mental development or speech.


Experts say those with autism and related disorders are sometimes diagnosed with other mental health problems, such as depression, anxiety, bipolar disorder or obsessive-compulsive disorder.


"I think it's far more likely that what happened may have more to do with some other kind of mental health condition like depression or anxiety rather than Asperger's," Laugeson said.


She said those with Asperger's tend to focus on rules and be very law-abiding.


"There's something more to this," she said. "We just don't know what that is yet."


After much debate, the term Asperger's is being dropped from the diagnostic manual used by the nation's psychiatrists. In changes approved earlier this month, Asperger's will be incorporated under the umbrella term "autism spectrum disorder" for all the ranges of autism.


__


AP Writer Matt Apuzzo contributed to this report.


___


Online:


Asperger's information: http://1.usa.gov/3tGSp5


Read More..

Optimism about "cliff," financial shares lift market

NEW YORK (Reuters) - U.S. stocks climbed on Monday on rising hopes that negotiations over the "fiscal cliff" were making progress and that a deal could be reached in days.


After weeks of stalemate, President Barack Obama and Republican House Speaker John Boehner met at the White House on Monday, raising hopes that Washington will be able to head off steep tax hikes and spending cuts that threaten the economy.


All of the S&P 500's 10 sectors were higher, led by financials. The S&P Financial Index <.gspf> gained 1.5 percent, and shares of Bank of America rose 2.6 percent to $10.86 while Citigroup gained 3.1 percent to $38.79.


Boehner has edged closer to Obama's position by proposing to extend lower tax rates for everyone who earns less than $1 million. Still, his position remains far from that of President Obama.


"Trumping everything right now are the fiscal cliff talks. It seems like progress is being made. I think it's getting to the nitty gritty, and I think that's what the market is reacting to," said Alan Lancz, president of Alan B. Lancz & Associates Inc. in Toledo, Ohio.


"The bet right now is that something will come by the end of this week."


Investors worry the U.S. economy could slide into recession if the tax and spending changes are implemented.


The Dow Jones industrial average <.dji> was up 54.81 points, or 0.42 percent, at 13,189.82. The Standard & Poor's 500 Index <.spx> was up 10.19 points, or 0.72 percent, at 1,423.77. The Nasdaq Composite Index <.ixic> was up 22.44 points, or 0.76 percent, at 2,993.78.


Both the S&P 500 and Nasdaq briefly rose more than 1 percent earlier in the session.


If the S&P 500 ends higher, it would end a two-day losing streak that came after a six-day run of gains. Despite the uncertainty, the S&P has performed well in the last month, grinding higher in mostly light volume.


Advancing stocks included the homebuilding sector <.djushb>, which rose 3.7 percent.


Clearwire Corp agreed to sell the rest of the company to Sprint Nextel Corp for a slightly sweetened $2.2 billion offer just days after minority shareholders criticized the previous bid as too low. Clearwire tumbled 12.8 percent to $2.94, while Sprint was down 0.7 percent to $5.51.


Apple Inc shares edged up after recent losses, rising 0.6 percent to $512.88. Two firms cut their price targets on the stock Monday.


The tech giant said it sold more than 2 million of its new iPhone 5 smartphones in China during the three days after its launch there on Friday, but the figures did not ease worries about stiffer competition. Apple shares have tumbled more than 25 percent in about three months.


Compuware Corp rose 13 percent to $10.78 after hedge fund Elliott Management offered to buy the business software maker for $2.3 billion and S&P Capital IQ raised the target price and moved it to "hold" from "strong sell.


(Reporting by Gabriel Debenedetti and Caroline Valetkevitch; Editing by Kenneth Barry and Nick Zieminski)



Read More..