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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 7,938.79 +346.86
NASDAQ: 1,213.72 +41.66
S&P: 847.91 +32.63
AMEX: 825.71 -1.57
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
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Business
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Dow surges 347 points, Nasdaq jumps 42
Stocks rallied Tuesday, boosted in part by news of a deal between the United Nations
and Iraq on new weapons inspections. By Roland Jones.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/534548.asp
West Coast ports bar workers again
A tenuous peace between shipping lines and West Coast longshoreman collapsed Sunday
when workers were ordered off their jobs indefinitely.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/814049.asp
Port closures hamper tech shipments
A contract dispute that left cargo stranded on West Coast freighters over the weekend
and Monday is forcing Hewlett-Packard and Gateway to consider their alternatives.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815548.asp
Winnick to pay workers $25 million
Top telecom executives were in the hot seat Tuesday as Congressional investigators
grilled them on their role in artificially inflating revenues by swapping network
capacity.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815544.asp
WorldCom cleared to pay severance
A federal bankruptcy judge Tuesday cleared the way for WorldCom to pay full severance
to about 4,000 employees who have been laid off by the company in recent months.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815679.asp
Manufacturing contracted in Sept.
U.S. manufacturing activity contracted in September after seven straight months of
growth, an industry group reported Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815506.asp
U.S. construction spending drops
Spending for new U.S. construction fell 0.4 percent in August, as building of offices,
plants and stores hit a six-year low, the government said Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815511.asp
Auto sales off of summer's hot pace
U.S. auto sales slowed in September from the torrid pace set over the summer, but many
automakers reported strong year-over-year gains despite the struggling economy and
rising talk of war vs. Iraq.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815571.asp
Layoff announcements fall sharply
Job cuts announced at U.S. firms fell to their lowest level in 22 months in September,
employment research firm Challenger, Gray & Christmas said in a report published on
Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815507.asp
Wal-Mart to open more stores
Wal-Mart Stores Inc. , the world's No. 1 retailer, said Tuesday that it plans a
greater expansion of its selling space in the coming fiscal year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/815451.asp
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