--------------------------------------------------------
Today's Business Headlines - Market Close from MSNBC.com
--------------------------------------------------------
Market Closing Prices
Dow: 9,803.05 -9.93
NASDAQ: 1,939.10 -4.09
S&P: 1,046.76 -2.72
AMEX: 1,017.54 -6.09
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
-------------------------------
ADVERTISEMENT
-------------------------------
Get a Faster Internet Connection with MSN Broadband -- Now Available Nationwide!
http://resourcecenter.msn.com/access/broadband/default.asp
-------------------------------
Business
-------------------------------
Stocks slip
Wall Street edged back from 16-month highs Wednesday after investors welcomed another
batch of strong earnings but worried that stock prices might nonetheless be too high.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Fed: Economy picking up speed
Economic activity was accelerating in early fall with consumer spending strong in most
parts of the country and even the nation's beleaguered manufacturing sector showing
signs of life, the Federal Reserve reported Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980713.asp
GM swings to profit
General Motors Corp. earned $425 million in the third quarter compared to a loss of
$804 million in the period a year ago, when the world's largest automaker incurred a
$1.37 billion expense related to its investment in Fiat Auto Holdings.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980584.asp
Retail sales slipped in September
Retail sales dropped by 0.2 percent in September, the first drop since April, the
government reported Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980567.asp
Morgan Stanley mutual funds probed
The Securities and Exchange Commission is contemplating civil action against Morgan
Stanley for its mutual fund sales practices, the company said in a regulatory filing.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980553.asp
Harley-Davidson posts record profit
Harley-Davidson Inc. Wednesday announced a record quarterly profit but sales dipped
and it issued a disappointing 2004 production target.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980626.asp
US mortgage applications fall
Applications for mortgages to buy homes, often seen as an early indicator of home
sales, last week fell to their lowest level since April, as rates edged higher, a
trade group said on Wednesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980549.asp
General Dynamics' earnings slip
General Dynamics Corp.'s third-quarter earnings fell 2 percent due to weak performance
in its aerospace division and a significant charge in its marine systems unit.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980625.asp
Wachovia profit rises 21 percent
Wachovia Corp., the No. 5 U.S. bank, on Wednesday said third-quarter profit rose a
better-than-expected 21 percent, helped by gains in all of its major business lines as
customers borrowed more.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980563.asp
FleetBoston profit rises 17 percent
FleetBoston Financial Corp., the No. 7 U.S. bank, Wednesday said third-quarter profit
rose 17 percent, more than analysts expected, helped by fewer customer defaults as it
focuses on its retail business.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/980557.asp
-------------------------------------------------------------------
New from MSNBC Business
Whether you need to track the jumps and dives on Wall Street, the latest layoffs or
CEO swaps, stay on top of the business stories of the hour with MSNBC Business Video
Headlines. This new feature on MSNBC.com is your video window on the market
throughout the business day. See what's news at this hour.
http://www.msnbc.com/m/c/ctv_nl.asp?id=bvh&sk=bvh&sl=com_front
-------------------------------------------------------------------
For continuing coverage watch MSNBC, with Lester Holt, Chris Matthews, Keith Olbermann
and Joe Scarborough.
Get the MSNBC Primetime newsletter and find out what's on MSNBC every night at
http://email.msnbc.com
Find MSNBC on your TV at: http://www.msnbc.com/CableOperator.asp
=========================================
This email is never sent unsolicited. You have received this MSNBC Daily Market Close
newsletter because you subscribed to it or, someone forwarded it to you.
To remove yourself from the list (or to add yourself to the list if this
message was forwarded to you) simply go to
http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3
<http://www.msnbc.com/tools/newstools/e/EmailExtra.asp?nfeature=3>
