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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9858.459961 +57.34
NASDAQ: 1967.699951 +35.49
S&P: 1059.020020 +8.31
AMEX: 1061.310059 -2.02
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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Stocks boosted by recovery hopes
Stronger-than-expected reports on U.S. manufacturing and construction activity drove
the broader U.S. stock market to a fresh 17-month high Monday. -- By Roland Jones
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/534548.asp
Automobile sales weaken in Oct.
Summer came to an end for the U.S. auto industry in October, as sales weakened more
than expected from a breakneck pace in August and September, automakers said on Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988644.asp
FCC proposes fines against AT&T
Federal regulators are proposing their first major penalty against a company for
violating the "do not call" list for telemarketers: a $780,000 fine against AT&T.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988510.asp
U.S. manufacturing index surges
The nation's manufacturing sector expanded strongly in October, with the fourth
consecutive month of growth boding well for the overall economy in the final quarter
of the year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988444.asp
Construction spending soars in Sept.
Construction spending posted its best month on record in Sept. as the value of
residential projects by private builders also reached a monthly high, the Commerce
Department reported Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988439.asp
Why the recovery looks like a keeper
The bulls were right when they began bidding up stock prices last spring, and the
economy is springing to life with gross domestic product surging ahead in the third
quarter.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988521.asp
Bush takes credit for rebound
President Bush, taking credit for signs of economic rebound, told an audience at an
Alabama crane business on Monday "there's more work to do," especially in the area of
creating jobs for Americans.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988538.asp
Supreme Court takes HMO case
The Supreme Court said Monday it will settle a fight over patients' legal rights when
their HMOs refuse to pay for recommended medical treatment.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988462.asp
Prepare for N.Korea collapse - S&P
The credit rating agency said the collapse of Kim Jong-il's communist regime was more
likely than gradual reform and urged South Korea to build financial reserves to cope
with the cost of reunification.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988551.asp
EBay-Google rivalry downplayed
Meg Whitman, CEO of eBay, on Monday downplayed speculation that its chief business
partner, the popular Google search engine, was poised to become its biggest rival.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/988504.asp
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