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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9930.820313 +57.40
NASDAQ: 1968.800049 +8.55
S&P: 1069.719971 +4.99
AMEX: 1113.880005 -3.29
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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Stock markets eke out gains
Stocks edged higher Thursday as investors traded cautiously following a
weaker-than-expected report on jobless claims and tepid November retail figures.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Bush lifts steel tariffs
Facing the threat of a trade war, President Bush on Thursday removed 20-month-old
tariffs on foreign steel, a move that will hurt steelmakers in states critical in next
year's election.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000869.asp
Mortgage rates rise above 6 percent
Rates on 30-year and 15-year mortgages went up this week, but they are still lower
than for the same period a year ago.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/913361.asp
Retailers report mixed Nov. sales
The nation's leading retailers reported mixed sales Thursday for the Thanksgiving
shopping weekend and all of November, with Wal-Mart Stores Inc. showing robust gains
while Sears, Kohl's and Federated struggled.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001168.asp
Weekly unemployment claims rise
More workers filed new claims for unemployment aid last week, but even with the
increase claims stayed at a level suggesting that the worst of the layoffs seen this
year are over.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001145.asp
OPEC agrees to maintain quotas
OPEC oil producers agreed on Thursday to keep oil supplies steady for the winter and
move aggressively to shore up high world crude prices early next year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001134.asp
Dollar at another new low vs. euro
The dollar plumbed a record low against the euro for the fifth-straight day Thursday,
after a weekly report on U.S. jobless claims hinted the labor market might be less
robust than expected.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000354.asp
Drug makers try to fight flu outbreak
Amid all the warnings about a rough flu season ahead, it's almost a sure bet that some
drug makers are in for a very busy season. -- By CNBC's Mike Huckman
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001301.asp
Merrill to reimburse fund investors
Merrill Lynch & Co. plans to reimburse about $11 million to buyers of mutual funds it
overcharged, The New York Times reported on Thursday, citing people at the brokerage
firm.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001130.asp
Bronfmans quit Vivendi board
Edgar Bronfman Jr., the former boss of Universal Music, has resigned from the board of
Vivendi Universal to focus on his takeover of Warner Music, the company said Thursday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001322.asp
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