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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9782.459961 +2.89
NASDAQ: 1960.260010 +6.95
S&P: 1058.199951 -0.25
AMEX: 1098.099976 +9.49
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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Retailers usher in holiday season
Bargain-hunters braved long lines in the cold early Friday as retailers inaugurated
the holiday shopping season with the usual gimmicks, including early bird specials.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998943.asp
Stocks close quiet session higher
Stocks closed Friday's shortened session slightly higher, as investors waited for
signs of a solid holiday shopping season and for data on jobs and manufacturing due
next week.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/534548.asp
Speculation U.S. to scrap steel tariffs
The WTO, which had been due to rubber-stamp the verdict of its highest court that the
duties are illegal, has put off the key session for nine days at the request of the
United States.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/999030.asp
Euro hits record, rising above $1.20
The 12-country currency hit $1.2015 in European trading, the highest since it was
introduced on Jan. 1, 1999, then slipped back to $1.1995.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998997.asp
Yukos and Sibneft merger in turmoil
Sibneft, the Russian oil group, on Friday said it had suspended its merger with Yukos,
its embattled partner, sparking further turmoil in the country's financial markets.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998991.asp
Oil market edgy over OPEC confab
Oil prices have been on a rollercoaster ride since Opec unexpectedly cut production in
September, and the market is becoming nervous again ahead of the oil cartel's meeting
next Thursday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998989.asp
Hong Kong gets boost from tourism
Hong Kong's economy swung out of recession in the third quarter, helped by a flood of
mainland Chinese tourists and a rise in exports.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/999028.asp
VW makes China a base for exports
Volkswagen has announced that it will make cars in China for sale in Australia, a
milestone for Europe's largest carmaker which has long aimed to make the country an
export base.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998993.asp
Swedish ruling may lure home expats
Swedes pay the highest taxes in the world. But the abolition of wealth tax -- one of
the taxes that the rich hate most of all -- is seen stemming the flow of rich Swedes
abroad.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/998990.asp
Discount retailers battle for traffic
While the outlook for the holiday shopping season is looking brighter for the retail
industry overall, the competition promises to be fiercest among the Big Three
discounters Wal-Mart, Target and Kmart. -- By John W. Schoen
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/996664.asp
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