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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10248.08 +102.82
NASDAQ: 1956.18 +34.85
S&P 500: 1089.18 +12.70
AMEX: 1142.85 +7.61
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks move higher
An unexpectedly sharp decline in jobless claims boosted Wall Street Thursday, sending
stocks higher for a third day as investors grew more confident that the economic
recovery was firmly under way.
http://msnbc.msn.com/id/3683270/
NYSE names Goldman exec as CEO
Moving quickly after federal regulators approved an overhaul plan, the New York Stock
Exchange named Goldman Sachs investment firm president John Thain as its new chief
executive.
http://msnbc.msn.com/id/3747000/
Jobless claims fall sharply
New claims for unemployment benefits fell sharply last week, a sign that businesses
are feeling more confident in the economic recovery and less inclined to hand out pink
slips to workers.
http://msnbc.msn.com/id/3747420/
Leading indicators rise 0.3% in November
An important gauge of future economic activity rose a solid 0.3 percent in November,
suggesting that the economic recovery will gain momentum next year.
http://msnbc.msn.com/id/3748478/
Dollar at yet another low vs euro
The dollar hit record lows against the euro for a fifth straight session on Thursday
on a growing view that the European Central Bank would let the single currency run
free at current levels.
http://msnbc.msn.com/id/3747039/
Mortgage rates continue to slide lower
Rates on 30-year and 15-year mortgages moved down again this week, financing giant
Freddie Mac reported.
http://msnbc.msn.com/id/3749195/
Firm receives first 'Do Not Call' citation
The FCC has warned a Calif. company for violating the Do Not Call Registry. If the
firm continues to contact consumers who placed their numbers on the government-run
list, it would face fines up to $11,00 per violation.
http://msnbc.msn.com/id/3748970/
Penalties sought in Freddie Mac case
Federal regulators will file administrative charges as soon as today seeking civil
penalties from two former top executives at Freddie Mac over their roles in the
mortgage giant's $5 billion accounting scandal.
http://msnbc.msn.com/id/3747002/
Report: Time Warner, MGM in talks
Entertainment giant Time Warner Inc., which has recently regained its acquisitive
taste, has resurrected merger talks with Hollywood studio Metro-Goldwyn-Mayer Inc.,
Daily Variety reported on its Web site on Thursday.
http://msnbc.msn.com/id/3748062/
Goldman, Morgan Stanley profits rose
Top investment banks Goldman Sachs Group and Morgan Stanley Thursday said quarterly
profits rose, as trading of bonds and other fixed income securities compensated for
the lack of mergers and other deals.
http://msnbc.msn.com/id/3748638/
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