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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9965.269531 +102.59
NASDAQ: 1948.849976 +11.03
S&P: 1069.300049 +7.80
AMEX: 1130.260010 +11.70
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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Blue chips edge higher
Blue chips edged higher Monday, erasing some of Friday's losses, as traders mulled the
U.S. dollar's slide to a new all-time low against the euro and declines in key
overseas markets.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/534548.asp
Dollar drops to new low vs. euro
The dollar dropped to a record low on the euro for the seventh-straight session Monday
as disappointing U.S. jobs data and concerns about the United States' ability to fund
its current account gap stoked its fall.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1000354.asp
Dollar may face renewed pressure
Some foreign exchange analysts say the dollar is likely to come under more selling
pressure in the weeks ahead, defying the usual pattern of December being a quiet month
in the currency markets.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002766.asp
Grocers, union break off talks
Talks between grocery companies and picketing Southern California grocery workers have
broken off and no new talks are scheduled, officials said.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002701.asp
Oil prices buffeted by wintry blast
Oil prices rose sharply Monday as the first major snowstorm of the winter hit the
northeast United States and as OPEC pressed its case to keep prices high, partly to
offset the impact of the weak U.S. dollar on cartel members' buying power.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/999741.asp
Chrysler's minivan gets a makeover
Chrysler, the leading U.S. maker of minivans, introduced a new model Monday that
features second- and third-row seats that fold into the floor, instantly converting
the vehicle into a cargo van.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002811.asp
Toyota boosts Prius production
Toyota Motor Corp. said Monday that it will boost production of its Prius gas-electric
hybrid sedan to meet heavy demand in the United States, where sales are expected to be
31 percent higher than originally forecast.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002768.asp
McDonald's U.S. sales still strong
McDonald's Corp. Monday posted its eighth-straight monthly gain in U.S. sales at
stores open more than a year as meal-sized salads, promotions like an in-store
Monopoly game, and extended hours helped to lift results.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002682.asp
More advertising growth seen in '04
Two leading forecasters predicted further gains in advertising spending for next year,
thanks mainly to a combination of continued economic growth, the summer Olympics and
the U.S. presidential election.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002706.asp
Sun Life may face SEC action
Sun Life Financial Inc. said Monday that its U.S. mutual funds unit may face an
enforcement action by the U.S. Securities and Exchange Commission.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1002683.asp
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