LONDON (AP) &mdash,www.magasinnewerafrance.net; The Olympic torch has begun its tour of London — and to everyone's relief, the weather is cooperating.After weeks of unseasonably chilly temperatures and miserable rain, the sun came out Saturday as thousands of people turned out to watch the flame begin its seven-day trip of the Olympic host city.The torch arrived late Friday in the city with a dramatic entrance, abseiled from a helicopter by a Royal Marine to the Tower of London on the shore of the River Thames.After a night locked inside the Jewel House of the 11th century landmark, the torch started a journey through London that took it from a historic ship to a shiny new shopping mall.From the Royal Observatory in Greenwich, the home of Greenwich Mean Time (GMT),Converse Jack Purcell, the torch was carried to the Cutty Sark, a newly restored 140-year-old ship docked in the Thames.Nadia Comaneci, the legendary Romanian gymnast who won nine Olympic medals in the 1976 and 1980 games, and former basketball player John Amaechi took the torch to the roof of the North Greenwich Arena,chaussure Ugg, the venue for the gymnastics events and basketball finals."You know it doesn't seem like it's been 36 years ago," Comaneci, the first female gymnast to be awarded a perfect 10 score in an Olympic gymnastics event, told the BBC. "It's hard to believe that what I've done then people still remember. So I'm very honored to be here,basket nike air max."Phillips Idowu,All Star Robert Indiana, a champion triple jumper for Team Great Britain, later took the torch to the Westfield mall, Europe's biggest, next to the Olympic Park.Saturday's torch relay also included stints from London's youngest and oldest torchbearers: 12-year-old Chester Chambers, and 101-year-old Fauja Singh,UGG classic Cardy bottes 5819. Like most other torchbearers, they were nominated by their communities.The torch, which has already traveled across Britain for more than 60 days, will continue to tour London's streets until it ends its journey at the Olympic Stadium for the opening ceremony in the capital on July 27.
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NEW YORK (AP) — Stocks are mostly lower in midday trading following an unexpected contraction in U,Casquette New Era pas cher.S. manufacturing last month. Concerns about automatic tax increases in the New Year caused factory orders to decline.The Dow Jones industrial average was down 21 points to 13,004 shortly before noon Monday.The Standard and Poor's 500 was flat at 1,Femmes Air Max 2011,416. The Nasdaq composite rose 3 points to 3,013.The Institute for Supply Management reported that U.S,New Era red bull. manufacturing declined in November.Businesses expressed concerns about the "fiscal cliff,",www.magasinnewerafrance.net; a series of sharp government spending cuts and tax increases scheduled to start Jan,chaussure Ugg. 1 unless an agreement is reached to cut the budget deficit.Supervalu rose following a report that private equity firm Cerberus is considering options for buying parts of the struggling grocery store chain,Hommes Nike Lunar.
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NEW YORK (AP) — A rally that drove major stock indexes up 7 percent this week stalled Thursday. Stock indexes ended slightly lower, a day after the market posted its biggest gain in two and a half years.Goldman Sachs and other banks, the previous day's star-performers, gave up some of their gains. Costco, Nordstrom and other retailers rose after reporting stronger sales for November.The Dow Jones industrial average fell 25.65 points, or 0.2 percent, to close at 12,020.03. Travelers Cos. Inc. lost 2.2 percent, the biggest drop of the Dow's 30 stocks. Boeing Co. had the biggest gain, 3.3 percent.The Dow soared 490 points Wednesday, its seventh-best gain on record, on news that central banks around the world slashed borrowing costs for banks in order to shore up the European financial system and prevent the region's debt crisis from getting worse.If a major European bank were to fail or if one or more countries defaulted, investors fear it could result in a freeze-up in global lending markets like the one that occurred in 2008 when Lehman Brothers collapsed.Another rise in applications for weekly unemployment benefits dampened the mood Thursday. The Labor Department said initial applications rose to 402,buy converse online,000 last week, the second weekly increase in a row. The figures didn't change expectations for the government's monthly labor report, which comes out Friday. Economists forecast that the unemployment rate will remain at 9 percent.The S&P 500 index slipped 2.37, or 0.2 percent, to 1,244.59. The Nasdaq inched up 5.86, or 0.2 percent, to 2,626.Investors often turn cautious following giant leaps, said Sam Stovall, chief equity strategist at S&P Capital IQ. The Dow shot up 813 points in the first three days of the week as fears ebbed that Europe's debt crisis would turn into a global panic. Another trigger for the rally that started Monday was news that a record number of shoppers went to stores over the Thanksgiving weekend."It's almost like rooting for a football team that won by a very big score," Stovall said. The next day, people are likely wondering whether the big victory was a one-off event or the start of a lasting trend."Lately, it seems like nothing lasts that long," Stovall said,UGG Gants. News out of Europe has sent stocks swinging from large gains to deep losses. One week ago,All Star Robert Indiana, the S&P 500 was down 7.9 percent for the year. The index is now within 13 points of breaking even.Daily moves in the S&P 500 index have been three times more volatile in the past 13 weeks compared with the long-term average, Stovall said,Femmes Air Max Tailwind. Since 2000, the S&P 500 index moved up or down by 2 percent an average of 14 days every three months. Over the past 13 weeks, that's happened 45 times.Traders took little encouragement Thursday from a better manufacturing report. The Institute for Supply Management said that manufacturing grew last month at the fastest pace since June,Homme Supra Cuttler.The euro inched higher against the dollar as investors became less fearful about Europe's financial problems. Borrowing rates for France and Spain eased after both countries had successful auctions of new debt.In corporate news:&mdash,NIKE AIR MAX 2013; Macy's Inc., Costco Wholesale Corp., Limited Brands Inc. and other retailers reported sales that surpassed Wall Street estimates. Nordstrom Inc. jumped 4 percent. Costco rose 2.1 percent.— Kohl's Corp. slumped 6.4 percent. The department store chain reported that a key revenue measure dropped sharply in November and fell far below Wall Street forecasts. Sales at stores open at least a year fell 6.2 percent; analysts had expected an increase.