Guangzhou Journal | Changing of the Guard: With Focus on Unity, China Looks to Nationalist Past


Shiho Fukada for The New York Times


Tourists at the Whampoa Military Academy, on Changzhou Island in Guangzhou.







GUANGZHOU, China — It was 1926, not long after the fall of the Qing dynasty, and much of China had been divided among warlords. In the south, leaders of the young Kuomintang mustered an army. At its head rode Chiang Kai-shek, who called to his side officers he had helped train, and together they marched north to take down the warlords, one by one.




The Northern Expedition was one of the first major tests for graduates of the Whampoa Military Academy, founded just two years earlier on quiet Changzhou Island, about 10 miles east of central Guangzhou, then known to the West as Canton. Mr. Chiang was the academy’s first commandant, appointed by Sun Yat-sen, the idealistic firebrand who wanted to build an army that would unite China.


The academy, now a collection of two-story white buildings near an active naval yard, stands as one of the most potent symbols of the nationalist movement led by Mr. Sun, which has strong contemporary echoes in the rallying cry that Xi Jinping made to his fellow Chinese after taking over in November as general secretary of the Communist Party.


Mr. Xi has spoken of a “great revival of the Chinese nation,” apparently to be accomplished through further opening the economy, tackling official corruption and building up the military. This month, on his first trip outside Beijing, Mr. Xi traveled to several cities here in Guangdong Province; the tour included visits with senior officers of the People’s Liberation Army and a photo opportunity on a naval destroyer. Though he did not visit the Whampoa academy, the message Mr. Xi was telegraphing was the same one Mr. Sun had relayed a century ago.


“When Sun Yat-sen founded the Whampoa academy, his goal was to unite China and to revive China as a nation, which is exactly the same mission that Secretary Xi is on,” said Zeng Qingliu, a historian with the Guangzhou Academy of Social Sciences who wrote a television script for a drama series on Whampoa. “Under that goal and that mission, Chinese people from all over the world and across the country were attracted to Whampoa.”


In fits and starts since the end of the Mao era, the Communists and the Kuomintang, who decamped to Taiwan after losing the civil war in 1949, have been engaging in rapprochement. The Whampoa academy represents an era when the two sides cooperated for a greater good, and recent exhibitions organized there by a museum portray the Kuomintang in a relatively conciliatory light. That, too, has resonance with Mr. Xi’s clarion call, which is meant to inspire all Chinese, even those outside the mainland, including in Taiwan, to take part in the Communist-led project of reviving the motherland.


The first class at Whampoa had 600 students, 100 Communists among them, Mr. Zeng said. Prominent Russian advisers worked at the school. Zhou Enlai was the political director, and other famous Communists held posts or trained there. But the school was never under the party’s control.


The Kuomintang moved it to the city of Nanjing in 1927, after a split with the Communists, and then to the southwestern city of Chengdu, after the Japanese occupied Nanjing, then known as Nanking. After the Kuomintang moved to Taiwan, they established a military academy there that they called the successor to Whampoa. But when historians speak of Whampoa, they mean the original incarnation of the school, before it moved from Guangzhou, Mr. Zeng said.


Japanese bombs decimated the campus in 1938; it was not rebuilt until after 1984, when plans were made to establish a museum. The white buildings interlaced with thick wooden beams are recreations of the originals. A statue of Mr. Sun overlooks the site from a hill. Military enthusiasts, history buffs and other tourists reach the museum by a 10-minute ferry ride from a quiet pier on the east side of Guangzhou.


On a recent afternoon, a young woman guided a handful of soldiers. They walked along a balcony on the second floor and peered into the recreated rooms, including a dormitory with dozens of simple beds on wooden floorboards, a dining room and Mr. Sun’s office.


Outside the main gate, not far from a black wall inscribed with the names of fallen soldiers, tour groups posed for photographs. Then they walked slowly through the gallery rooms to gaze at the black-and-white photos and paintings that showed, from a party-approved perspective, the history of China’s 20th-century wars.


This year, there was a special exhibition on Chinese soldiers who had fought the Japanese in southwest China, along the Burma Road. The exhibition included photographs of Lt. Gen. Claire Lee Chennault, the American aviator who led the “Flying Tigers” unit in that theater. One showed him with Mr. Chiang.


Mia Li contributed research.



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Apple still said to account for 87% of North American tablet traffic as Kindle Fire, Nexus 7 gain






Apple’s (AAPL) share of the global tablet market is in decline now that low-cost Android slates are proliferating, but the iPad still appears to be the most used tablet by a huge margin. Ad firm Chitika regularly monitors tablet traffic in the United States and Canada and in its latest report, Apple’s iPad was responsible for almost 90% of all tablet traffic across the company’s massive network.


[More from BGR: Samsung looks to address its biggest weakness in 2013]






Using a sample of tens of millions of impressions served to tablets between December 8th and December 14th this year, Chitika determined that various iPad models collectively accounted for 87% of tablet traffic in North America. That figure is down a point from the prior month but still represents a commanding lead in the space.


[More from BGR: New purported BlackBerry Z10 specs emerge: 1.5GHz processor, 2GB RAM, 8MP camera]


The next closest device line, Amazon’s (AMZN) Kindle Fire tablet family, had a 4.25% share of tablet traffic during that period, up from 3.57% in November. Samsung’s (005930) Galaxy tablets made up 2.65% of traffic, up from 2.36%, and Google’s (GOOG) Nexus 7 and Nexus 10 tablets combined to account for 1.06% of tablet traffic in early December.


“Despite these gains by some of the bigger players in the tablet marketplace, there has been a negligible impact to Apple’s dominant usage share,” Chitika wrote in a post on its blog.


This article was originally published by BGR


Gadgets News Headlines – Yahoo! News





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It's a Girl for Kings of Leon's Nathan Followill




Celebrity Baby Blog





12/27/2012 at 11:50 AM ET



Nathan Followill and Jessie Baylin Welcome First Child
Splash News Online


Christmas came late for this King!


Nathan Followill and his wife Jessie Baylin welcomed daughter Violet Marlowe Followill on Wednesday, Dec. 26 in Nashville, his rep confirms to PEOPLE.


“Mom, Dad and baby are doing well and are so in love!” a rep for the band says.


Violet, who was born at 4:01 p.m. weighing 7 lbs., 13 oz, is the first child for the Kings of Leon drummer, 33, and the singer/songwriter, 28, who announced the pregnancy in June.


“I’m beyond excited/anxious,” Followill, who wed Baylin in November 2009, Tweeted at the time of the announcement.



Baby girl is in good company — she joins cousins Dixie Pearl, the daughter of frontman Caleb Followill and Lily Aldridge, and Knox Cameron Patrick, the son of guitarist Matthew Followill.


– Anya Leon with reporting by Kevin O’Donnell


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Kenya hospital imprisons new mothers with no money


NAIROBI, Kenya (AP) — The director of the Pumwani Maternity Hospital, located in a hardscrabble neighborhood of downtown Nairobi, freely acknowledges what he's accused of: detaining mothers who can't pay their bills. Lazarus Omondi says it's the only way he can keep his medical center running.


Two mothers who live in a mud-wall and tin-roof slum a short walk from the maternity hospital, which is affiliated with the Nairobi City Council, told The Associated Press that Pumwani wouldn't let them leave after delivering their babies. The bills the mothers couldn't afford were $60 and $160. Guards would beat mothers with sticks who tried to leave without paying, one of the women said.


Now, a New York-based group has filed a lawsuit on the women's behalf in hopes of forcing Pumwani to stop the practice, a practice Omondi is candid about.


"We hold you and squeeze you until we get what we can get. We must be self-sufficient," Omondi said in an interview in his hospital office. "The hospital must get money to pay electricity, to pay water. We must pay our doctors and our workers."


"They stay there until they pay. They must pay," he said of the 350 mothers who give birth each week on average. "If you don't pay the hospital will collapse."


The Center for Reproductive Rights, which filed the suit this month in the High Court of Kenya, says detaining women for not paying is illegal. Pumwani is associated with the Nairobi City Council, one reason it might be able to get away with such practices, and the patients are among Nairobi's poorest with hardly anyone to stand up for them.


Maimouna Awuor was an impoverished mother of four when she was to give birth to her fifth in October 2010. Like many who live in Nairobi's slums, Awuor performs odd jobs in the hopes of earning enough money to feed her kids that day. Awuor, who is named in the lawsuit, says she had saved $12 and hoped to go to a lower-cost clinic but was turned away and sent to Pumwani. After giving birth, she couldn't pay the $60 bill, and was held with what she believes was about 60 other women and their infants.


"We were sleeping three to a bed, sometimes four," she said. "They abuse you, they call you names," she said of the hospital staff.


She said saw some women tried to flee but they were beaten by the guards and turned back. While her husband worked at a faraway refugee camp, Awuor's 9-year-old daughter took care of her siblings. A friend helped feed them, she said, while the children stayed in the family's 50-square-foot shack, where rent is $18 a month. She says she was released after 20 days after Nairobi's mayor paid her bill. Politicians in Kenya in general are expected to give out money and get a budget to do so.


A second mother named in the lawsuit, Margaret Anyoso, says she was locked up in Pumwani for six days in 2010 because she could not pay her $160 bill. Her pregnancy was complicated by a punctured bladder and heavy bleeding.


"I did not see my child until the sixth day after the surgery. The hospital staff were keeping her away from me and it was only when I caused a scene that they brought her to me," said Anyoso, a vegetable seller and a single mother with five children who makes $5 on a good day.


Anyoso said she didn't have clothes for her child so she wrapped her in a blood-stained blouse. She was released after relatives paid the bill.


One woman says she was detained for nine months and was released only after going on a hunger strike. The Center for Reproductive Rights says other hospitals also detain non-paying patients.


Judy Okal, the acting Africa director for the Center for Reproductive Rights, said her group filed the lawsuit so all Kenyan women, regardless of socio-economic status, are able to receive health care without fear of imprisonment. The hospital, the attorney general, the City Council of Nairobi and two government ministries are named in the suit.


___


Associated Press reporter Tom Odula contributed to this report.


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Dow falls more than 1 percent


NEW YORK (Reuters) - The Dow fell 1 percent as stocks added to losses on Thursday. The Nasdaq and S&P 500 earlier declined more than 1 percent, with worries about the U.S. "fiscal cliff" after Senate Majority Leader Harry Reid warned the United States appeared poised to head over it.


The Dow Jones industrial average <.dji> was down 143.83 points, or 1.10 percent, at 12,970.76. The Standard & Poor's 500 Index <.spx> was down 17.60 points, or 1.24 percent, at 1,402.23. The Nasdaq Composite Index <.ixic> was down 38.09 points, or 1.27 percent, at 2,952.07.


(Reporting By Caroline Valetkevitch; Editing by Kenneth Barry)



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Shinzo Abe Selected as Japan’s Prime Minister





TOKYO — Parliament formally elected Shinzo Abe as prime minister on Wednesday, ending a three-year break from decades of near-constant rule by his conservative Liberal Democratic Party.




The victory puts Mr. Abe, 58, a former prime minister and an outspoken nationalist, at Japan’s helm as it faces the growing burden of its aging population, years of industrial decline and the challenge of an increasingly assertive China. The change in prime ministers is the seventh in six years, a high turnover that is itself a sign of the nation’s inability to escape its long economic funk.


Mr. Abe won the support of 328 members of the 480-seat lower house, a total that included votes from the Liberal Democrats’ coalition partner, a small Buddhist party.


Mr. Abe’s pro-business party won a landslide victory over the left-leaning Democratic Party in lower-house elections on Dec. 16. Earlier on Wednesday, Prime Minister Yoshihiko Noda and his cabinet resigned to make way for the new leader.


Despite Mr. Abe’s vows to strengthen control of a chain of islands in the East China Sea that both Japan and China claim, he has played down any confrontations between Tokyo and its Asian neighbors since the elections, instead focusing his agenda on lifting Japan’s economy out of recession before the upper-house elections next summer.


Mr. Abe has vowed to encourage growth quickly by offering 10 trillion yen, or about $120 billion, in public works and other emergency stimulus spending. He has also promised to force the central bank to move more aggressively to combat deflation and to weaken the value of the yen, actions that would offer relief to beleaguered export industries by making Japanese products cheaper abroad.


The measures are intended to revive the economy ahead of the elections in June, to give Mr. Abe’s party a better chance of winning the upper house and, with it, control of Parliament. Mr. Abe will have to hurry to retain the support of Japan’s weary voters, who have shown themselves quick to turn against leaders who fail to deliver on promises of change.


Immediately after the vote on Wednesday, Mr. Abe began appointing a cabinet filled with relatively young and unknown faces. While many of these appointees are Mr. Abe’s friends, the fresh lineup is also apparently intended to emphasize that the party has changed since it was driven from power three years ago.


Among the few veterans in the cabinet is Taro Aso, 72, a former prime minister, who was appointed finance minister. The post of foreign minister went to Fumio Kishida, 55, a former minister in charge of Okinawan affairs. He is expected to try to smooth ties with the United States, which have been frayed by a dispute over an American air base on Okinawa.


Mr. Abe will face other early challenges, like bridging a rift within his party over whether Japan should join a new regional free-trade agreement led by the United States. The pact, called the Trans-Pacific Partnership, is supported by business leaders but opposed by farmers, two groups that are among the staunchest supporters of the Liberal Democrats.


Another challenge will be responding to China’s stepped-up efforts to assert its claims to the disputed islands, which Japan calls the Senkaku and China calls the Diaoyu. Chinese ships and, more recently, aircraft now make almost daily incursions into Japanese-controlled waters and airspace near the islands, with no signs of letting up.


Mr. Abe has been vague about whether he will shift his energies to his long-held desire to rewrite Japan’s antiwar Constitution to allow for a full-fledged military.


Mr. Abe and other conservatives say such a step is needed for Japan to stand up for itself in light of China’s growing strength, and to share more of the regional security burden with the United States. However, the move could also be seen as provocative by China and South Korea, two victims of Japan’s World War II-era militaristic policies.


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Police using Twitter to offer virtual ridealongs






SIOUX FALLS, S.D. (AP) — Riding side by side as a police officer answers a call for help or investigates a brutal crime during a ridealong gives citizens an up close look at the gritty and sometimes dangerous situations officers can experience on the job.


But a new approach to informing the public about what officers do is taking hold at police departments across the United States and Canada 7/8— one that is far less dangerous for citizens but, police say, just as informative.






With virtual ridealongs on Twitter, or tweetalongs, curious citizens just need a computer or smartphone for a glimpse into law enforcement officers‘ daily routines.


Tweetalongs typically are scheduled for a set number of hours, with an officer — or a designated tweeter like the department’s public information officer— posting regular updates to Twitter about what they are seeing as they perform their normal on-duty routine. The tweets, which also include photos and links to videos of the officers, can encompass an array of activities — everything from an officer responding to a homicide to a noise complaint.


Police departments say virtual ridealongs reach a wider range of people at once and help add transparency to the job.


“People spend hard-earned money on taxes to allow the government to provide services. That’s police, fire, water, streets, the whole works, and there should be a way for those government agencies to let the public know what they’re getting for their money,” said Steve Allender, chief of the Rapid City Police Department in South Dakota, which started offering tweetalongs several months ago after watching departments like those in Seattle, Kansas City, Mo., and Las Vegas do so.


On the Wednesday before Thanksgiving, Tarah Heupel, the public information officer for the Rapid City Police Department, rode alongside Street Crimes Officer Ron Terviel as he patrolled Rapid City. Heupel posted regular updates every few minutes about what Terviel was doing, including the officer citing a woman for public intoxication, responding to a call of three teenagers attempting to steal cough syrup and body spray from a store and locating a man who ran from the scene of an accident. Photos were included in some of the tweets.


Michael Taddesse, a 34-year-old university career specialist in Arlington, Texas, has done several ridealongs with police and regularly follows multiple departments that conduct tweetalongs.


“I think the only way to effectively combat crime is to have a community that is engaged and understands what’s going on,” he said.


Ridealongs where “you’re out in the elements” are very different than sitting behind a computer during a tweetalong and the level of danger is “dramatically decreased,” he said. But in both instances, the passenger gains new information about the call, what laws may or may not have been broken and what transpires, he added.


For police departments, tweetalongs are just one more way to connect directly with a community through social media.


More than 92 percent of police departments use social media, according to a survey of 600 agencies in 48 states conducted by the International Association of Chiefs of Police’s Center for Social Media. And Nancy Kolb, senior program manager for IACP, called tweetalongs a “growing trend” among departments of all sizes.


There is no set protocol and departments are free to conduct the tweetalong how they see fit, she said.


In Ontario, Canada, the Niagara Regional Police Service conducted their first virtual ridealong in August over a busy eight-hour Friday night shift. The police department‘s followers were able to see a tweet whenever the police unit was dispatched to one of the more than 140,000 calls received that night.


Richard Gadreau, the social media officer for the police department, said officers routinely take people out on real ridealongs, but there is a waiting list and preference is given to people interested in becoming an officer.


With tweetalongs, many calls also mean many tweets. Kolb said departments are cognizant of cluttering peoples’ Twitter feeds.


That’s why the Rapid City Police Department decided to create a separate account for the tweetalong, Allender said.


Kolb also said officers are careful not to tweet personal or sensitive information. Officers typically do not tweet child abuse or domestic abuse cases, and they usually only tweet about a call after they leave the scene to protect officers and callers.


But Allender, the chief of police in Rapid City, said tweetalongs also show some of the more outrageous calls police deal with on a regular basis — like the kid who breaks out the window of a police car while the officer is standing on the sidewalk.


“Real life is funnier than any comedy show out there and not to make fun of people, embarrass them or humiliate them, but people do funny things,” Allender said. “… I mean, that guy deserves a little bit of ridicule, and everyone who would be watching would agree. That’s just good clean fun to me.”


___


Follow Kristi Eaton on Twitter at http://twitter.com/kristieaton


Social Media News Headlines – Yahoo! News





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Kim Kardashian Tries a New Hair Color







Style News Now





12/26/2012 at 11:30 AM ET











Kim Kardashian Hair
SPW/Splash News Online. Inset: Startraks


The bangs may have been fake (turns out they were just clip-ins), but Kim Kardashian‘s new hair shade is definitely for real.


Just before Christmas, the reality star decided to go back to her roots — literally — and color her mane a super-deep brown, almost black hue.


For the past few months (while filming Kim and Kourtney Take Miami) the star had been sporting light caramel locks, but Kardashian was clearly ready for a change.


“After Miami I was honestly just soooo over it being light and listened to the suggestions to take my hair back to my natural color!” the star wrote on her website.


Hmm … wonder who it was offering up the suggestions … Her boyfriend and occasional stylist Kanye West, perhaps? After all, he’s supposedly the one responsible for getting her to wear so much black in her wardrobe.


The last time Kardashian had hair this dark was in August, and we’re happy to see her go back to her natural color. Tell us: Do you prefer Kardashian with dark or light hair?


–Jennifer Cress


PHOTOS: SHARE YOUR THOUGHTS ON 2012′s CELEBRITY HAIR MAKEOVERS!




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Predicting who's at risk for violence isn't easy


CHICAGO (AP) — It happened after Columbine, Virginia Tech, Aurora, Colo., and now Sandy Hook: People figure there surely were signs of impending violence. But experts say predicting who will be the next mass shooter is virtually impossible — partly because as commonplace as these calamities seem, they are relatively rare crimes.


Still, a combination of risk factors in troubled kids or adults including drug use and easy access to guns can increase the likelihood of violence, experts say.


But warning signs "only become crystal clear in the aftermath, said James Alan Fox, a Northeastern University criminology professor who has studied and written about mass killings.


"They're yellow flags. They only become red flags once the blood is spilled," he said.


Whether 20-year-old Adam Lanza, who used his mother's guns to kill her and then 20 children and six adults at their Connecticut school, made any hints about his plans isn't publicly known.


Fox said that sometimes, in the days, weeks or months preceding their crimes, mass murderers voice threats, or hints, either verbally or in writing, things like "'don't come to school tomorrow,'" or "'they're going to be sorry for mistreating me.'" Some prepare by target practicing, and plan their clothing "as well as their arsenal." (Police said Lanza went to shooting ranges with his mother in the past but not in the last six months.)


Although words might indicate a grudge, they don't necessarily mean violence will follow. And, of course, most who threaten never act, Fox said.


Even so, experts say threats of violence from troubled teens and young adults should be taken seriously and parents should attempt to get them a mental health evaluation and treatment if needed.


"In general, the police are unlikely to be able to do anything unless and until a crime has been committed," said Dr. Paul Appelbaum, a Columbia University professor of psychiatry, medicine and law. "Calling the police to confront a troubled teen has often led to tragedy."


The American Academy of Child & Adolescent Psychiatry says violent behavior should not be dismissed as "just a phase they're going through."


In a guidelines for families, the academy lists several risk factors for violence, including:


—Previous violent or aggressive behavior


—Being a victim of physical or sexual abuse


—Guns in the home


—Use of drugs or alcohol


—Brain damage from a head injury


Those with several of these risk factors should be evaluated by a mental health expert if they also show certain behaviors, including intense anger, frequent temper outbursts, extreme irritability or impulsiveness, the academy says. They may be more likely than others to become violent, although that doesn't mean they're at risk for the kind of violence that happened in Newtown, Conn.


Lanza, the Connecticut shooter, was socially withdrawn and awkward, and has been said to have had Asperger's disorder, a mild form of autism that has no clear connection with violence.


Autism experts and advocacy groups have complained that Asperger's is being unfairly blamed for the shootings, and say people with the disorder are much more likely to be victims of bullying and violence by others.


According to a research review published this year in Annals of General Psychiatry, most people with Asperger's who commit violent crimes have serious, often undiagnosed mental problems. That includes bipolar disorder, depression and personality disorders. It's not publicly known if Lanza had any of these, which in severe cases can include delusions and other psychotic symptoms.


Young adulthood is when psychotic illnesses typically emerge, and Appelbaum said there are several signs that a troubled teen or young adult might be heading in that direction: isolating themselves from friends and peers, spending long periods alone in their rooms, plummeting grades if they're still in school and expressing disturbing thoughts or fears that others are trying to hurt them.


Appelbaum said the most agonizing calls he gets are from parents whose children are descending into severe mental illness but who deny they are sick and refuse to go for treatment.


And in the case of adults, forcing them into treatment is difficult and dependent on laws that vary by state.


All states have laws that allow some form of court-ordered treatment, typically in a hospital for people considered a danger to themselves or others. Connecticut is among a handful with no option for court-ordered treatment in a less restrictive community setting, said Kristina Ragosta, an attorney with the Treatment Advocacy Center, a national group that advocates better access to mental health treatment.


Lanza's medical records haven't been publicly disclosed and authorities haven't said if it is known what type of treatment his family may have sought for him. Lanza killed himself at the school.


Jennifer Hoff of Mission Viejo, Calif. has a 19-year-old bipolar son who has had hallucinations, delusions and violent behavior for years. When he was younger and threatened to harm himself, she'd call 911 and leave the door unlocked for paramedics, who'd take him to a hospital for inpatient mental care.


Now that he's an adult, she said he has refused medication, left home, and authorities have indicated he can't be forced into treatment unless he harms himself — or commits a violent crime and is imprisoned. Hoff thinks prison is where he's headed — he's in jail, charged in an unarmed bank robbery.


___


Online:


American Academy of Child & Adolescent Psychiatry: http://www.aacap.org


___


AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner


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Wall Street sags, "cliff" angst steals retailers' Christmas

NEW YORK (Reuters) - U.S. stocks fell on Wednesday as retailers' shares dropped sharply after a report that showed holiday shoppers were less enthusiastic than last year, with investors saying worries about the "fiscal cliff" may have kept them away from stores.


The Morgan Stanley retail index <.mvr> skidded 1.8 percent as holiday-related sales rose 0.7 percent from October 28 through December 24, compared with a 2 percent increase last year, according to data from MasterCard Advisors SpendingPulse. The SPDR S&P Retail Trust slipped 1.5 percent to 61.24.


Janna Sampson, co-chief investment officer of OakBrook Investments in Lisle, Illinois, said worries about "fiscal cliff" tax hikes and spending cuts next year had likely kept shoppers from a last-minute rush to the stores.


"I think people held back this year, just worried about that bigger cut out of their paycheck next year and having to tighten their belt," she said. "If you've got to tighten your belts starting in January, people start worrying about overspending."


Department stores' stocks slid. Macy's lost 3 percent to $36.41, while Saks also fell 3 percent and traded at $10.30, near its session low. Online retailer Amazon.com fell 3.1 percent to $250.52.


President Barack Obama is due back in Washington early Thursday for a final effort to negotiate a deal with Congress to bridge a series of tax increases and government spending cuts set to begin next week. The president will leave Hawaii later on Wednesday, arriving in the capital early on Thursday.


The Dow Jones industrial average <.dji> slipped 45.61 points, or 0.35 percent, to 13,093.47. The Standard & Poor's 500 Index <.spx> shed 8.66 points, or 0.60 percent, to 1,418. The Nasdaq Composite Index <.ixic> dropped 23.10 points, or 0.77 percent, to 2,989.50.


Volume was light, with only 1.55 billion shares having traded at midday on the New York Stock Exchange, the Nasdaq and the NYSE MKT. Many senior traders were still on vacation during this holiday-shortened week and major European markets were closed for the day.


Still, Wednesday marked the third day of losses for the S&P 500 in its worst three-day decline since mid-November.


A Republican plan that failed to gain traction last week triggered the S&P 500's recent drop, highlighting the market's sensitivity to headlines centered around the budget talks.


"No one is hitting the panic button yet, and part of that lack of panic selling is the notion that the Street is getting comfortable with the likelihood of a temporary fix for the fiscal cliff - something that gets us over the date of January 1 in a way where it can be re-addressed," said Peter Kenny, managing director at Knight Capital in Jersey City, New Jersey.


During the last five trading days of the year and the first two of next year, it's possible for a "Santa rally" to occur. Since 1928, the S&P 500 has averaged a gain of 1.8 percent during that period and risen 79 percent of the time, according to data from PrinceRidge.


The benchmark S&P 500 Index is up 12.8 percent for the year, and has recouped nearly all of the losses after the U.S. elections when the fiscal cliff concerns moved to the forefront. This is the best yearly gain for the S&P 500 since 2010.


Data showed U.S. single-family home prices rose in October, reinforcing the view that the domestic real estate market is improving, as the S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.7 percent in October on a seasonally adjusted basis.


In the energy sector, China's Sinopec Group and ConocoPhillips will research potentially vast reserves of shale gas in southwestern China over the next two years, state news agency Xinhua reported. Conoco's stock fell 0.8 percent to $57.99.


An outage at one of Amazon.com Inc's web service centers hit users of Netflix Inc's streaming video service on Christmas Eve and was not fully resolved until Christmas Day, a spokesman for the movie rental company said on Tuesday. Netflix rose 0.8 percent to $90.97.


(Reporting by Edward Krudy; Editing by Jan Paschal)



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