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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9862.679688 -68.14
NASDAQ: 1937.819946 -30.98
S&P: 1061.500000 -8.22
AMEX: 1118.560059 +4.68
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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Payrolls data pressure stocks
Stocks retreated Friday after a report on November employment showed disappointing
growth in new jobs despite the economic recovery.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Jobless rate edges lower
The nation's unemployment rate slipped to 5.9 percent in November, the lowest level in
eight months, but the number of new jobs added fell well short of economists'
expectations.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001603.asp
U.S. factory orders up 2.2%
New orders for U.S. manufactured goods climbed in October at their fastest rate in
over a year, the government said on Friday, offering further evidence of a revival in
the long-slumping factory sector.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001647.asp
Washington state to get Boeing 7E7
A Boeing Co. executive team has decided that the 7E7 Dreamliner commercial jet should
be assembled in Everett, The Seattle Times reported in a copyright story Friday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001674.asp
$2 billion yanked from Strong funds
Worried investors pulled almost $2 billion from mutual funds managed by Strong
Financial Corp. in November - more than twice as much as during the previous two
months - amid state and federal investigations into its trading activities.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001598.asp
Sony president: Holiday sales strong
Sony President Kunitake Ando said Friday its products are selling 'extremely well'
during the Christmas shopping season, powered by DVD recorder demand at home and sales
of large-screen televisions in the United States.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001591.asp
Ford puts cash rebate on pickups
Ford Motor Co. has put its first broad cash rebate and no-interest loan offer on its
key new F-150 pickup, roughly three months after it went on sale, in an effort to
press competitors before the end of the year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001763.asp
Gold strikes new high as dollar slides
Gold extended its rally to levels not seen in almost 8 years in New York futures trade
Friday, after a disappointing report on U.S. employment weakened the dollar and made
the precious metal cheaper for overseas investors.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001757.asp
Euro hits new high against the dollar
The surging euro set an all-time high against the U.S. dollar Friday for the sixth day
in a row, hitting $1.2162 as the shared European currency extended a sharp rally that
has seen it rise more than 15 percent against the greenback this year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000354.asp
Kmart posts narrower quarterly loss
Kmart Holdings Corp. said Friday its quarterly loss narrowed from a year earlier when
it was in bankruptcy, but sales slumped as the retailer made fewer markdowns in hopes
of turning a profit.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1001645.asp
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