Are Three Missing Aspiring Models From Colorado Linked?

By Ken Lee

02/28/2013 at 07:30 PM EST

From left: Raven Cassidy Furlong, Kara Nichols and Kelsie Schelling

Courtesy Raven Cassidy Furlong, Kara Nichols, Kelsie Schelling

On Tuesday afternoon, Lin Furlong of Denver, Colo., received a troubling call from her stepdaughter, Raven, 17, who'd been missing since Feb. 5.

"Raven said she was safe, but that she was calling from someone else's phone and couldn't stay on the line and had to go," Lin Furlong tells PEOPLE. "I was relieved to hear her voice, but I'm terrified for her. She sounded scared and not like herself at all."

Raven had been using the modeling website Model Mayhem – a networking site for models and photographers – and her family believes her disappearance may have been linked to a stranger she could have met through the site.

Raven's story is all too familiar for the family of Kara Nichols, 19, of Colorado Springs. Kara, who also used the site, has been missing since Oct. 9 after she told roommates she was headed to a modeling job in Denver.

"We're reluctant to portray our daughter as just a no-good person that no one should care about," her mother Julia Nichols tells PEOPLE. She was informed by police that Kara had a connection to drug use and prostitution.

"She's our daughter. We love her dearly," Nichols adds. "We're deeply alarmed about what may have happened to her."

A third woman, Kelsie Schelling, 22, of Denver, who went missing Feb. 4, was also an aspiring model, according to her profile found on ExpertTalent.com. A representative of that site, however, tells PEOPLE that Schelling created the profile in May 2006 and only logged on once. So far, police say there's no conclusive evidence that the disappearances are related.

"Kara Nichols's case remains an active and ongoing investigation," Lt. Jeff Kramer of the El Paso County, Colo., Sheriff's Office tells PEOPLE. "We cannot say whether Model Mayhem was responsible at this time. We continue to investigate all leads."

Model Mayhem has allegedly been linked to the disappearances of at least 13 women, according to Michelle Bart, president of the National Women's Coalition Against Violence & Exploitation, which is now representing Raven and Kara's families.

"We feel there's an epidemic of young women being preyed upon on this site and it needs to be seriously investigated," says Bart, who points out the Better Business Bureau rated the site an F.

According to a statement released by Model Mayhem, the site "strongly believes that safety should be top of mind when doing anything online. Model Mayhem tries to educate users about scams and how to avoid them."

Adds Lin Furlong, who concedes that Raven has run away from home in the past: "We just want her to come home."

Anyone with information on Raven Furlong should email tips@nwcave.org or visit Facebook.com/HelpFindRavenCassidyFurlong. For Kara Nichols, email tips@nwcave.org, or visit Facebook.com/HelpUsFindKaraNichols. For Kelsie Schelling, call Detective Neal Robertson of the Pueblo County Sheriffs at (719)-553-2470 or visit Facebook.com/HelpFindKelsie.

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Wall Street gains on Bernanke comments, S&P above 1,500

NEW YORK (Reuters) - Stocks rose on Wednesday, with major indexes posting their best daily gains since early January, as Federal Reserve Chairman Ben Bernanke remained steadfast in supporting the Fed's stimulus policy and data pointed to economic improvement.

In a second day before a congressional committee, Bernanke defended the Fed's buying of bonds to keep interest rates low to boost growth. The market's jump of more than 1 percent also came on better-than-expected data on business spending plans and the housing market.

Bernanke's remarks helped the market rebound from its worst decline since November and put the S&P 500 index back above 1,500, a closely watched level that has been technical support until recently. The Dow Jones industrial average <.dji> closed at a level not seen since 2007 as it again pulled within striking distance of an all-time high.

Speaking before the House Financial Services Committee, Bernanke downplayed signs of internal divisions at the Fed, saying the policy of quantitative easing, or QE, has the support of a "significant majority" of top central bank officials.

Bernanke removed a headwind from markets arising from concerns the Fed's quantitative easing might end earlier than anticipated. Doubts about the Fed's intentions had broken a seven-week streak of gains by stocks.

"The Fed continues to encourage risk-taking in markets, which is a powerful tool that makes the danger not being long stocks, not in being too long," said Tom Mangan, a money manager at James Investment Research Inc in Xenia, Ohio.

The Dow Jones industrial average <.dji> was up 176.32 points, or 1.27 percent, at 14,076.45. The Standard & Poor's 500 Index <.spx> was up 19.07 points, or 1.27 percent, at 1,516.01. The Nasdaq Composite Index <.ixic> was up 32.61 points, or 1.04 percent, at 3,162.26.

Pending home sales jumped 4.5 percent in January, three times the rate of growth that had been expected. While orders for durable goods fell more than expected in January, non-defense capital goods orders excluding aircraft - a closely watched proxy for business spending plans - showed the biggest gain since December 2011.

About 74 percent of stocks traded on the New York Stock Exchange closed higher while 64 percent of Nasdaq-listed shares closed up.

The S&P turned very slightly higher on the week, recovering from the index's biggest daily drop since November on Monday. That drop came on concerns over Italy's election, as well as over sequestration - U.S. government budget cuts that will take effect starting on Friday if lawmakers fail to reach an agreement on spending and taxes.

The index had climbed 6.3 percent for the year before pulling back on concerns about Fed policy and inconclusive elections in Italy, which rekindled fears of a new euro zone debt crisis.

"While the rally remains intact and there are reasons to be long-term bullish here, there are also reasons to not be surprised if we get a correction," said Mangan, who helps oversee $3.7 billion.

In earnings news, Priceline.com gained 2.6 percent to $695.91 after reporting adjusted earnings that beat expectations. TJX Cos Inc jumped 2.5 percent to $44.75 after the retail chain operator posted higher fourth-quarter results.

The S&P retail index <.spxrt> climbed 1.6 percent.

Target Corp offered a cautious outlook for consumer spending in 2013 following a weak holiday quarter. The stock dipped 1.1 percent to $63.32.

First Solar Inc plunged 14 percent to $27.04 after failing to give a full-year earnings and sales outlook, though it also swung to a quarterly profit.

Groupon Inc plunged 21 percent to $4.70 after the bell after reporting its fourth-quarter results.

With 93 percent of the S&P 500 companies having reported results so far, 69.5 percent beat profit expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters, according to Thomson Reuters data.

Fourth-quarter earnings for S&P 500 companies are estimated to have risen 6.2 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.

About 6.23 billion shares changed hands on the New York Stock Exchange, the Nasdaq and NYSE MKT, slightly below the daily average so far this year of about 6.48 billion shares.

(Editing by Nick Zieminski and Kenneth Barry)

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The Lede: Syrians Describe Apparent Missile Strikes on Aleppo

A Human Rights Watch video report on the aftermath of apparent missile strikes in Syria’s largest city, Aleppo.

Human Rights Watch investigators who visited Aleppo, Syria’s largest city, have concluded that the Syrian government fired at least four ballistic missiles into civilian neighborhoods there last week, killing more than 141 people, including 71 children. As my colleague Anne Barnard explained, the rights group released details of the four documented strikes, and a video report, on Tuesday.

On Wednesday, opposition activists added English subtitles to an emotional account of the devastation caused by one missile strike on Aleppo from a young boy who said he survived the bombing, but lost several family members and neighbors.

An interview with a boy who said he had survived a missile attack on a neighborhood in Aleppo.

The original interview with the boy was posted on YouTube on Monday by Orient News, a private Syrian satellite channel that began broadcasting from Dubai before the antigovernment uprising began. Within a week of the first protests in Syria, Ghassan Aboud, the Syrian businessman who owns the channel, told a Saudi broadcaster that senior government officials close to President Bashar al-Assad had threatened to kidnap his journalists if they did not stop covering the demonstrations.

The boy’s account was subtitled by the ANA New Media Association, a group of opposition video activists led by Rami Jarrah, who blogs as Alexander Page.

The new reports come weeks after experts told The Lede that video of a huge explosion at Aleppo University last month suggested that the campus had been hit by a ballistic missile.

When Liz Sly of the Washington Post visited Aleppo’s Ard al-Hamra neighborhood after two missile strikes, residents gave similarly graphic accounts of pulling the mangled bodies of victims from wrecked buildings. The scenes of devastation, she wrote, more closely resembled “those of an earthquake, with homes pulverized beyond recognition, people torn to shreds in an instant and what had once been thriving communities reduced to mountains of rubble.”

Ole Solvang, a Human Rights Watch researcher who helped document the damage in Aleppo, drew attention to video posted online by opposition activists, which is said to show the desperate search for survivors immediately after the strike on Ard al-Hamra.

Video said to show a neighborhood in Aleppo after a missile strike last week.

As Mr. Solvang assessed the wreckage in person on Thursday and Friday, he described the damage to Aleppo and a neighboring town in words and images posted on Twitter.

Visited a site of similar attack in Tel Rifat today. 25 houses destroyed and 3 killed last Monday. Unbelievable. http://t.co/FaFhNFiAsS

— Ole Solvang (@OleSolvang) 22 Feb 13

Today visited site of yesterday’s missile attack on Ard al Hamra in #Aleppo #Syria. Dozens houses destroyed. Unbelievable destruction. @hrw

— Ole Solvang (@OleSolvang) 23 Feb 13

Bodies are still under the rubble. 3 found during our 30 min visit. Casualty # still unclear. #Aleppo #Syria @hrw http://t.co/gaT7COpRT3

— Ole Solvang (@OleSolvang) 23 Feb 13

Late Tuesday, an Aleppo blogger who supported the uprising but has been critical of the armed rebellion on his @edwardedark Twitter feed, reported that another huge blast had shaken the city.

a massive blast shockwave shakes Aleppo city just now. no idea what it is yet #Syria

— edward dark (@edwardedark) 26 Feb 13

Ms. Sly reported on Twitter on Wednesday night that two more missiles were fired at rural Aleppo. “They landed in fields,” she observed. “That’s how accurate they are. Seems a bit pointless.”

Late Wednesday, Mr. Solvang pointed to video posted on YouTube by opposition activists, showing what they said were distant images of a missile being launched from Damascus in the direction of Aleppo.

Video said to show a missile being fired by Syrian government forces outside the capital, Damascus, on Wednesday night.

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Ben Affleck and Jennifer Garner's Son Samuel Turns 1

Mom & Babies
Celebrity Baby Blog

02/27/2013 at 10:00 AM ET

FameFlynet

Look who’s growing up!

His father Ben Affleck (here with his little man in Beverly Hills on Jan. 25) may have won another Oscar (this time for Best Picture), but it’s Samuel‘s recent milestone — he turns 1 today! — that has his family abuzz.

Two days after his parents wrapped up a whirlwind awards season, the tyke headed out with mom Jennifer Garner and big sisters Violet, 7, and Seraphina, 4, to a Brentwood, Calif. toy store Tuesday.

Not sure what cool playthings the family picked up, but we’re positive Samuel’s birthday party will be a homey, low-key affair befitting the Garner-Affleck clan.

And however they decide to celebrate, Ben and Jen’s 1-year-old will continue to be one of their biggest fans.

“He reaches when he sees me and he laughs a lot,” Garner shared. “He thinks I’m super funny. What more do you want?”

PHOTO SPECIAL: Jen & Ben’s Close-knit Clan

– Shanelle Rein-Olowokere

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Huge study: 5 mental disorders share genetic links

WASHINGTON (AP) — The largest genetic study of mental illnesses to date finds five major disorders may not look much alike but they share some gene-based risks. The surprising discovery comes in the quest to unravel what causes psychiatric disorders and how to better diagnose and treat them.

The disorders — autism, attention deficit-hyperactivity disorder or ADHD, bipolar disorder, major depressive disorder and schizophrenia — are considered distinct problems. But findings published online Wednesday suggest they're related in some way.

"These disorders that we thought of as quite different may not have such sharp boundaries," said Dr. Jordan Smoller of Massachusetts General Hospital, one of the lead researchers for the international study appearing in The Lancet.

That has implications for learning how to diagnose mental illnesses with the same precision that physical illnesses are diagnosed, said Dr. Bruce Cuthbert of the National Institute on Mental Health, which funded the research.

Consider: Just because someone has chest pain doesn't mean it's a heart attack; doctors have a variety of tests to find out. But there's no blood test for schizophrenia or other mental illnesses. Instead, doctors rely on symptoms agreed upon by experts. Learning the genetic underpinnings of mental illnesses is part of one day knowing if someone's symptoms really are schizophrenia and not something a bit different.

"If we really want to diagnose and treat people effectively, we have to get to these more fine-grained understandings of what's actually going wrong biologically," Cuthbert explained.

Added Mass General's Smoller: "We are still in the early stages of understanding what are the causes of mental illnesses, so these are clues."

The Psychiatric Genomics Consortium, a collaboration of researchers in 19 countries, analyzed the genomes of more than 61,000 people, some with one of the five disorders and some without. They found four regions of the genetic code where variation was linked to all five disorders.

Of particular interest are disruptions in two specific genes that regulate the flow of calcium in brain cells, key to how neurons signal each other. That suggests that this change in a basic brain function could be one early pathway that leaves someone vulnerable to developing these disorders, depending on what else goes wrong.

For patients and their families, the research offers no immediate benefit. These disorders are thought to be caused by a complex mix of numerous genes and other risk factors that range from exposures in the womb to the experiences of daily life.

"There may be many paths to each of these illnesses," Smoller cautioned.

But the study offers a lead in the hunt for psychiatric treatments, said NIMH's Cuthbert. Drugs that affect calcium channels in other parts of the body are used for such conditions as high blood pressure, and scientists could explore whether they'd be useful for psychiatric disorders as well.

The findings make sense, as there is some overlap in the symptoms of the different disorders, he said. People with schizophrenia can have some of the same social withdrawal that's so characteristic of autism, for example. Nor is it uncommon for people to be affected by more than one psychiatric disorder.

___

Online:

http://www.thelancet.com/journals/lancet/article/PIIS0140-6736(13)60223-8/abstract

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Wall Street rebounds on Bernanke comments, data

NEW YORK (Reuters) - U.S. stocks rebounded from their worst decline since November on Tuesday after Federal Reserve Chairman Ben Bernanke defended the Fed's bond-buying stimulus and sales of new homes hit a 4 1/2-year high.

The S&P 500 had climbed 6 percent for the year and came within reach of all-time highs before the minutes from the Fed's January meeting were released last Wednesday. Since then, the benchmark S&P 500 has fallen 1 percent.

Bernanke, in testimony on Tuesday before the Senate Banking Committee, strongly defended the Fed's bond-buying stimulus program and quieted rumblings that the central bank may pull back from its stimulative policy measures, which were sparked by the release of the Fed minutes last week.

Bernanke's comments helped ease investors' concerns about a stalemate in Italy after a general election failed to give any party a parliamentary majority, posing the threat of prolonged instability and financial crisis in Europe, and sending the S&P 500 to its worst decline since November 7 in Monday's session.

Bernanke "certainly said everything the market needed to feel in order to get comfortable again," said Peter Kenny, managing director at Knight Capital in Jersey City, New Jersey.

"The fear is we were going to see a rollover, and the first shot over the bow was what we saw out of Italy yesterday with the elections," Kenny said. "When it came to U.S. markets, we saw some of that bleeding stop because our focus shifted from the Italian political circus to Ben Bernanke."

Gains in homebuilders and other consumer stocks, following strong economic data, lifted the S&P 500, and a 5.7 percent jump in Home Depot to $67.56 boosted the Dow industrials. The PHLX housing sector index <.hgx> rose 3.2 percent.

Economic reports that showed strength in housing and consumer confidence also supported stocks. U.S. home prices rose more than expected in December, according to the S&P/Case-Shiller index. Consumer confidence rebounded in February, jumping more than expected, and new-home sales rose to their highest in 4-1/2 years in January.

However, the central bank chairman also urged lawmakers to avoid sharp spending cuts set to go into effect on Friday, which he warned could combine with earlier tax increases to create a "significant headwind" for the economic recovery.

The Dow Jones industrial average <.dji> gained 115.96 points, or 0.84 percent, to 13,900.13 at the close. The Standard & Poor's 500 Index <.spx> rose 9.09 points, or 0.61 percent, to 1,496.94. The Nasdaq Composite Index <.ixic> advanced 13.40 points, or 0.43 percent, to close at 3,129.65.

Despite the bounce, the S&P 500 was unable to move back above 1,500, a closely watched level that was technical support until recently, but could now serve as a resistance point.

The CBOE Volatility Index <.vix> or the VIX, a barometer of investor anxiety, dropped 11.2 percent, a day after surging 34 percent, its biggest percentage jump since August 18, 2011.

The uncertainty caused by the Italian elections continued to weigh on stocks in Europe. The FTSEurofirst-300 index of top European shares <.fteu3> closed down 1.4 percent. The benchmark Italian index <.ftmib> tumbled 4.9 percent.

Home Depot gave the biggest boost to the Dow and provided one of the biggest lifts to the S&P 500 after the world's largest home improvement chain reported adjusted earnings and sales that beat expectations.

Macy's shares gained 2.8 percent to $39.59 after the department-store chain stated it expects full-year earnings to be above analysts' forecasts because of strong holiday sales.

Volume was active with about 7.08 billion shares traded on the New York Stock Exchange, NYSE MKT and Nasdaq, above the daily average of 6.48 billion.

Advancing stocks outnumbered declining ones on the NYSE by a ratio of about 2 to 1, while on the Nasdaq, three stocks rose for every two that fell.

(Reporting by Chuck Mikolajczak; Editing by Jan Paschal; Editing by Jan Paschal)

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Balloon Explosion in Egypt Kills at Least 19 Tourists

CAIRO — The explosion of a hot-air balloon over the ancient temples at Luxor killed at least 19 sightseers Tuesday, delivering a grim blow to Egypt’s critical tourism business just as it had begun to show signs of recovery from the shock of the revolution two years ago.

All of those killed were tourists, including nine Chinese from Hong Kong, four Japanese, two French, two Britons, a Hungarian and an Egyptian, Health Ministry officials said. The balloon’s pilot and a British passenger survived by jumping from the balloon’s basket. But the surviving passenger’s wife, also British, died in the blaze.

“It is just another nail in tourism’s coffin,” Hisham A. Fahmy, the chief executive of the American Chamber of Commerce in Egypt, which represents international companies here, said of the crash. “They were probably the only tourists in Luxor as it was.”

Even Egyptians trying to minimize the disaster’s potential effect on the tourist business compared it to the 1997 massacre of 62 people, 58 of them tourists, at one of Luxor’s temples by a group of Islamist militants. At least this was an accident and not terrorism, Egyptian officials said Tuesday. Others noted hopefully that tourism had eventually recovered after 1997.

“I thought that would be the end of tourism,” said Heba Handoussa of the Economic Research Forum here. “But to my surprise, the next year it was back. People seem to take it in stride.”

The tombs and temples of Luxor and the nearby Valley of the Kings are among Egypt’s premier attractions, and hot-air balloon rides over the valley at dawn are a staple of the local tourist trade. In 2008 and 2009, balloons collided with utility poles and crashed to the ground, injuring passengers. But few visitors had raised safety concerns, tour operators said.

The disaster unfolded in just minutes, shortly after 7 a.m., as the balloon was preparing to land in a field of sugar cane. The pilot was pulling a rope to stabilize the balloon when a gas hose ripped and a fire started, security officials said.

The pilot and the passenger who survived quickly escaped over the side of the basket, risking a 30-foot fall. Then escaping gas or hot air from the fire evidently sent the balloon soaring back skyward. Some reports said it had climbed as high as 1,000 feet before a gas cylinder exploded and it burst into flames.

State media reported that some of the dead had been “cremated” in the fireball. The Health Ministry said it would use DNA testing to identify the remains.

The ministers of aviation and tourism said they were traveling to Luxor. Officials started investigations into the crash as well as an examination of the permit for the balloon and the license for its pilot.

Some in Luxor faulted regulators. Tharwat Agami, the chairman of the Luxor tourist industry trade group, accused the aviation ministry of renewing licenses for the balloon operator and others despite their failures to meet safety requirements. Like other forms of law enforcement, balloon regulation and inspection have deteriorated sharply since the revolution, he told the state newspaper Al Ahram.

“As if tourism can take any more!” Mr. Agami said, according to the newspaper. “Where is the inspection of each balloon before takeoff by civil aviation?”

Tourism typically accounted for about 11 percent of Egypt’s gross domestic product before the revolution, economists say. More important, tourism is Egypt’s second-largest source of hard currency, after remittances sent home by Egyptians working abroad. It helps reduce the trade imbalance, supporting the sagging value of the Egyptian pound.

But in the two years of unrest since President Hosni Mubarak was ousted, tourism revenue has plummeted to just a quarter of its former level, said Ms. Handoussa, the economist.

She said government figures, widely believed to understate the malaise, put unemployment at 14 percent, up from 8 percent before the revolt, while the number of Egyptians officially considered to be living in poverty has risen to 25 percent from 20 percent.

Two major European tour operators, TUI of Germany and Thomas Cook of Britain, said around the beginning of this year that they saw signs of recovery in the demand for vacations to North Africa, including Tunisia and Egypt. Tour operators and travel agents say the Red Sea beach resorts, farther from the unrest in Cairo, have suffered far less than other destinations.

But then at the end of January, vandals in Cairo capitalized on the chaos surrounding a street protest to loot and ransack the lobby of the historic Semiramis InterContinental Hotel. It was the first time since Mr. Mubarak’s exit that the unrest had so directly affected a tourist institution. Now the balloon accident may add new concerns about safety to the continuing fears of political instability.

Mina Agnos, a vice president of Travelive, a high-end tour operator based in Athens and Montclair, N.J., said it had stopped marketing trips to Egypt. Each fall in the last two years, seasonal demand would pick up, and then violence would erupt again, as it did around the American Embassy here last September over an online video mocking Islam.

“Something would happen,” she said. “We found that a lot of people who were thinking of going to Egypt ended up going other places.”

Mayy El Sheikh contributed reporting.

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Michelle Williams and Jason Segel Split

By Sarah Michaud

02/26/2013 at 07:45 PM EST

Jason Segel and Michelle Williams

AKM-GSI

The fairytale is over for Michelle Williams and Jason Segel.

The Oz the Great and Powerful star and the How I Met Your Mother actor split a few weeks ago after dating for a year, a source confirms to PEOPLE.

The long distance – Williams, 32, is based in New York City, while Segel, 33, primarily resides in Los Angeles – was the reason behind the breakup, the source adds.

Earlier in the month, the actress told In Style that she cherished public support of her relationship.

"If people are happy about it that makes me feel good ... Any kind sentiment that the world can feed back, well, I won't turn it down," she explained.

The couple, who were often seen out and about with 7-year-old Matilda, Williams' daughter with the late Heath Ledger, began sharing a Brooklyn apartment last fall.

Reps for the actors have not commented.

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Wall Street trips and falls on cloudy Italian election

NEW YORK (Reuters) - Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy.

The decline marks the biggest percentage drop for the benchmark Standard & Poor's 500 Index since November7, and drove the S&P down to its lowest close since January 18. The CBOE Volatility Index <.vix> or VIX, Wall Street's favorite barometer of fear, surged 34 percent, its biggest jump since August 18, 2011.

Selling accelerated late in the trading session after the S&P 500 fell below the 1,500 level, which has acted as a significant support point. Monday marked the S&P's first close under 1,500 since February 4.

Italy's center-left coalition holds a slim lead over former Prime Minister Silvio Berlusconi's center-right bloc in the election for the lower house of parliament, three TV projections indicated. But any government must also command a majority in the Senate, a race that is decided by region.

The resulting gridlock in parliament could lead to new elections and cast into doubt Italy's ability to pay down its debt.

"Europe hasn't gone away as an issue, it is going to hang around, and it is rearing its ugly head today," said Stephen Massocca, managing director of Wedbush Morgan in San Francisco.

"If someone gets elected who is simply not going to play by the rules, what are they going to do? It puts them in a real quandary here because their financial support, their monetary support is all stipulated by the fact that these austerity programs are going to be in place."

Earlier polls pointing to a center-left victory boosted stocks in Milan and other European markets, and also helped lift the S&P 500 to a session high of 1,525.84 on optimism that Italy would continue down its austerity path.

After a strong start to the year, equities have retreated more recently. The S&P 500's slight fall last week was its first weekly drop after a seven-week string of gains.

In Monday's volatile session, banks and other financial stocks were among the worst performers on worries about the sector's exposure to Italy's massive debt. The KBW Bank Index <.bkx> fell 2.7 percent.

The CBOE Volatility Index <.vix> ended at 18.99, up 34.02 percent.

The Dow Jones industrial average <.dji> dropped 216.40 points, or 1.55 percent, to 13,784.17 at the close. The Standard & Poor's 500 Index <.spx> lost 27.75 points, or 1.83 percent, to 1,487.85. The Nasdaq Composite Index <.ixic> fell 45.57 points, or 1.44 percent, to 3,116.25.

Although the overall market lost ground on Monday, there were a few bright spots.

Barnes & Noble Inc shares shot up 11.5 percent to $15.06 after the bookseller's chairman offered to buy its declining retail business.

Amgen Inc shares climbed 3.1 percent to $89.55, after rival Affymax issued a voluntary recall of its only drug, an anemia treatment that competes with Amgen's top-selling red blood cell booster, Epogen. Affymax shares lost 85.4 percent to $2.42.

The FTSEurofirst-300 index of top European shares <.fteu3> edged up 0.04 percent and Italy's main FTSE MIB <.ftmib> ended up 0.7 percent after earlier gaining nearly 4 percent.

Political uncertainty on the home front, though, is also on Wall Street's mind.

U.S. equities will face a test with the looming debate over so-called sequestration - U.S. government budget cuts that will take effect starting on Friday if lawmakers fail to reach an agreement over spending and taxes. The White House issued warnings about the harm the cuts are likely to inflict on the economy if enacted.

"Sitting out there is the one-thousand-pound gorilla - the sequester issue - and certainly nothing is happening there," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.

Lowe's Companies Inc lost 4.8 percent to $35.86 after the home improvement retailer posted fourth-quarter earnings.

With 83 percent of the S&P 500 companies having reported results so far, 69 percent beat profit expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters, according to Thomson Reuters data.

Fourth-quarter earnings for S&P 500 companies are estimated to have risen 6 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.

Volume was active with about 7.27 billion shares traded on the New York Stock Exchange, NYSE MKT and Nasdaq, above the daily average of 6.46 billion.

Declining stocks outnumbered advancing ones on both the NYSE and the Nasdaq by a ratio of about 4 to 1.

(Editing by Kenneth Barry, Nick Zieminski and Jan Paschal)

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2 Palestinian Youths Hurt in Clashes With Israel

Mussa Issa Qawasma/Reuters

A Palestinian protester threw stones during clashes with Israeli soldiers on Monday in Hebron, West Bank, after a funeral for a Palestinian prisoner.

JERUSALEM — Two Palestinian teenagers were seriously injured Monday when Israeli soldiers used live ammunition to disperse a demonstration at a holy site outside Bethlehem, as clashes in the West Bank continued for a fifth day and thousands attended the burial of a 30-year-old Palestinian who died in an Israeli jail over the weekend.

The Palestinian president, Mahmoud Abbas, spoke for the first time on Monday about the prisoner, Arafat Jaradat, saying that Israel must be held responsible for his death and that its leaders were trying to foment chaos rather than work toward peace.

Other Palestinian officials have said Mr. Jaradat died because of torture during interrogation. An autopsy conducted Sunday did not immediately determine the cause of death, but an Israeli official said Monday that a report on the findings should be released by the end of the week and that the police and courts were investigating the death separately.

“Jaradat went to jail and returned back a dead body,” Mr. Abbas said Monday in Ramallah, hours before the teenagers were shot near Bethlehem. “We insist to know how this happened and who did this. We will not let them play in the lives of our sons. They are confronting children and killing them with live ammunition. We will not allow our prisoners to remain in the occupation jails all their lives for things that they did not commit.”

About 10,000 people accompanied Mr. Jaradat’s body from a hospital in Hebron to his family’s home in Sa’ir, a village nearby, and then to the cemetery. The Israeli military closed a main road for the procession, in which members of Al Aksa Martyrs Brigades, the militant wing of the Fatah party, fired guns into the air.

Israel’s prime minister, Benjamin Netanyahu, who sent a message on Sunday to the Palestinian leadership demanding that it restore calm in the West Bank, held security consultations on the matter on Monday, according to a statement from his office. Defense Minister Ehud Barak convened a special meeting on Monday with the military chief of staff and the leaders of Israel’s police force and prison service “during which possible scenarios were introduced,” according to a statement from Mr. Barak’s office, “as well as possible ways to cope with them and maintain security needs while trying to restore the calm on the ground.”

The United States Consulate in Jerusalem limited travel by government employees to the West Bank because of the demonstrations and advised all American citizens to avoid the area and “to exercise an extra measure of caution during this period.”

“The U.S. Consulate General takes this opportunity to remind U.S. citizens that demonstrations, even peaceful ones, can turn violent with little or no warning,” it said in a statement. “U.S. citizens should be aware of their surroundings at all times, and avoid large crowds.”

The Egyptian foreign minister, Mohamed Kamel Amr, called on the international community to take a firm stance against what he described as Israel’s inhumane practices against the Palestinian prisoners, according to the state newspaper, and warned that a continuation of such policies could lead to an explosion in the region.

So far, the situation seems to be on a simmer. Every day since Thursday, demonstrations have occurred in several West Bank cities and villages in which Palestinians have thrown rocks and sometimes gasoline bombs at Israeli soldiers, who generally respond with tear gas, rubber bullets and occasionally water cannons or live ammunition. Most of the demonstrations, including those in Hebron and Beituniya on Monday, have drawn crowds of a few hundred and resulted in a handful of light to moderate injuries.

But more serious clashes broke out near Rachel’s Tomb on Monday afternoon and evening. An Israeli military official who spoke on the condition of anonymity said that soldiers fired .22-caliber rounds at Palestinians who were throwing improvised grenades at worshipers near the tomb, which is next to the Aida refugee camp just outside Bethlehem.

A doctor at Beit Jala Hospital who spoke on the condition that he not be identified said a 13-year-old had been shot in a lung during that protest and was in the intensive care unit Monday night after undergoing surgery. Hours later, a 19-year-old Palestinian was shot as the demonstration raged on, the doctor said.

“He is in a dangerous situation,” the doctor said of the second patient. “Doctors are trying to save his life.”

Khaled Abu Aker contributed reporting from Ramallah, West Bank; Nayef Hashlamoun from Hebron and Sa’ir, West Bank; and Mayy El Sheikh from Cairo.

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