Arkansas Business: Stocks down with uncertainty in the Ukraine

LITTLE ROCK, Ark. (Arkansas Business) -- Stocks end lower on Friday amid continued uncertainty in the Ukraine. Many investors making more cautious moves, putting money into safer bets like utilities.

Looking ahead to this week, investors will be watching for an update on the economy from Federal Reserve Chief Janet Yellen.

We'll also get the latest reports on the U.S. housing sector.

Wal-Mart Stores Inc to open new store concepts

Wal-Mart Stores Inc. is preparing to open one of its newest store concepts. The Bentonville retail giant is holding a grand opening of its "Walmart To Go" store on Wednesday. The store is located less than a mile from its corporate headquarters.

The store is about 2,500 SF, a fraction of the size of the company's small-format Neighborhood Market grocery stores.

The store will sell gasoline as well as items usually associated with convenience stores. The retailer is also testing a grocery delivery service with a similar name:

Home Prices Rebound in Arkansas

Home prices continue to rebound in Arkansas but very slowly. Michael Pakko, the state economic forecaster and an adjunct professor at the University of Arkansas at Little Rock's College of Business, is reporting home prices were up 0.2 percent in 2013 while the growth rate for the United States as a whole was 7.8 percent.

Pakko says the numbers, compiled by the Federal Housing Finance Agency, show what economists have long said about Arkansas' housing sector that home prices here didn't fall as far as in other parts of the country during the economic collapse of 2007 to 2011.

Still, the performance of home prices has varied among metropolitan areas in Arkansas.

Pakko said prices in the Fayetteville metro area posted the biggest increase during 2013 -- 4.4 percent, but were still down 7.9 percent when compared with 2008.


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