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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 10042.160156 +34.00
NASDAQ: 1949.000000 +6.68
S&P: 1074.140015 +2.93
AMEX: 1126.209961 +5.72
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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Dow industrials hang around 10,000
Stocks traded mixed Friday, with the Dow Jones industrials wavering near the 10,000
level one day after they closed above it for the first time in more than 18 months.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
BMG, Sony ink music deal
German media giant Bertelsmann and Sony of Japan have agreed on a merger of their
music units in the latest move to consolidate the ailing industry, sources close to
the deal said on Friday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004272.asp
Dollar hits fresh low against euro
The U.S. dollar hit a new record low against the euro Friday, spurred by comments from
U.S. Treasury Secretary John Snow that the market should set the value of the dollar
and he wasn't concerned about its decline.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004422.asp
U.S. trade gap grows
The U.S. trade deficit rose to $41.77 billion in October as Americans' appetite for
imports hit a record high, offsetting a sizable gain in exports, including the best
showing for sales of farm products in seven years. The politically sensitive deficit wi
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004295.asp
Wholesale prices retreat
Wholesale prices retreated by 0.3 percent in November, pulled down by falling costs
for gasoline, beef and cars, suggesting that inflation doesn't pose a threat to the
economy's resurgence.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004297.asp
Consumer sentiment slips
U.S. consumers turned gloomier about the economy through mid-December even as the
labor market shows some improvement and stocks have steadily risen, market sources
said on Friday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004326.asp
U.S. probes former Boeing execs
U.S. prosecutors have started a new criminal investigation involving aircraft maker
Boeing Co., The Wall Street Journal reported on Friday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004282.asp
WashPost: Alliance struggles to reach funds settlement
The discovery of an incrimminating e-mail has brought mutual fund firm Alliance
Capital into the crosshairs of the aggressive state and federal investigations of
mutual funds.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004278.asp
Ex-WorldCom CEO Sidgmore dies
John Sidgmore, the WorldCom executive who helped uncover the accounting troubles that
led to the biggest bankruptcy filing in U.S. history, died Thursday at 52.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004273.asp
Exxon Mobil eyes Russia's Yukos
Exxon Mobil Corp. has again signaled interest in Russian oil company Yukos should
Yukos' talks to take over rival Sibneft fail, the Wall Street Journal reported on
Friday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/1004281.asp
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