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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9853.639648 -45.41
NASDAQ: 1980.069946 -9.75
S&P: 1066.619995 -3.50
AMEX: 1117.170044 +4.62
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 pull back after Monday's rally
Socks closed Tuesday's lackluster session with moderate losses, as investors locked in
gains from the previous session, when the broader market rose to its highest level in
18 months.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
U.S. auto sales climb in November
U.S. new car and truck sales revved higher in November from a weak October, thanks to
the strengthening U.S. economy and the annual year-end ramp up in cash rebates and
other incentives.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000304.asp
Regulators charge Invesco, CEO
New York Attorney General Eliot Spitzer on Tuesday charged Invesco Funds Group, a unit
of British-based asset management company Amvescap Plc, and Invesco's chief executive
with improper trading.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000183.asp
SEC's budget faces cut
The U.S. Securities and Exchange Commission could lose $30 million from its proposed
fiscal 2004 budget because it was unable to hire new staff fast enough in 2003.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000263.asp
U.S. job-cut plans plunge
The number of job cuts announced by U.S. employers fell 42 percent in a
holiday-shortened November after hitting a 12-month high in October, a report said
Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000242.asp
Euro hits a new high against dollar
The euro reached another all-time high against the dollar Tuesday, reaching $1.2091 in
a rally driven by concerns about trade and budget deficits in the United States.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000354.asp
FAO to file for bankruptcy again
FAO Inc., parent of the legendary upscale FAO Schwarz toy stores, said Tuesday it
would file for Chapter 11 bankruptcy protection for the second time in less than a
year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000240.asp
Kirk Kerkorian takes the stand
Billionaire investor Kirk Kerkorian testified Tuesday that he never would have
supported the deal creating DaimlerChrysler if it had not been depicted as a 'merger
of equals' between two automakers.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000378.asp
HealthSouth replacing five directors
HealthSouth Corp. said Tuesday it will replace five members of its board of directors
under a settlement with the Teachers Retirement System of Louisiana, which is suing
the scandal-ridden health care company.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000212.asp
OPEC seen set to defer oil cuts
OPEC producers bolstered by an upbeat world economy gathered on Tuesday for a meeting
this week that is expected to defer supply cuts as oil prices hold strong.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000238.asp
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