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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10544.07 +134.22
NASDAQ: 2047.36 +40.68
S&P 500: 1122.22 +13.74
AMEX: 1189.71 +14.14
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks gain in strong rally
Wall Street began the first full week of 2004 with a big advance Monday, rising on
encouraging numbers on construction spending, a strong semiconductor sales report and
an upbeat forecast from software firm Siebel Systems.
http://msnbc.msn.com/id/3683270/
Construction spending rises to record
Construction spending set another record in November as continued low interest rates
powered home building and state and local governments did their part by pushing their
activity to all-time highs as well.
http://msnbc.msn.com/id/3879456/
Dollar hits fresh lows vs. euro
The dollar hit a record low versus the euro and reached a three-year nadir against the
yen on Monday as investors expect low U.S. interest rates for some time to come,
dulling the greenback's attractiveness.
http://msnbc.msn.com/id/3878461/
Report: Home Depot eyes U.K.'s Kingfisher
Shares in British home improvement retailer Kingfisher Plc rose on Monday after a
press report rekindled talk that U.S. firm Home Depot is considering a takeover,
though analysts remained skeptical.
http://msnbc.msn.com/id/3878471/
London offices world's most expensive
London's West End district maintained its top spot as the world's most expensive
office location last year as occupancy costs declined globally due to the uncertain
economic climate, an international survey showed.
http://msnbc.msn.com/id/3879967/
Ford's auto sales drop in December
Ford Motor Co.'s U.S. sales of new cars and trucks fell 8 percent in December, while
DaimlerChrysler AG's Chrysler Group was up 2 percent, but both automakers posted lower
annual sales in 2003 from the previous year.
http://msnbc.msn.com/id/3880415/
Automakers seek growth with new models
U.S. car makers rolled out dozens of new models at the annual car show in Detroit,
part of an industry wide push to recover market share lost to overseas rivals.
http://msnbc.msn.com/id/3861002/
GM giving away 1,000 cars
General Motors Corp. plans to give away 1,000 cars, trucks and sport utility vehicles
in 56 days beginning Monday as part of a $50 million promotion to generate showroom
traffic and build awareness of its nine U.S. brands.
http://msnbc.msn.com/id/3878658/
Watchdog sues labels over copy-protected CDs
A European consumer watchdog body is suing the world's largest music companies for
selling copy protected compact discs that won't play in car stereos and on computers,
the Belgium-based organisation said on Monday.
http://msnbc.msn.com/id/3879755/
$5 million ring bought with Tyco loan
Tyco's former chairman and chief executives, L. Dennis Kozlowski, bought a $5 million
diamond ring for his wife with a Tyco loan, a former executive assistant at Tyco
International Ltd. said on Monday.
http://msnbc.msn.com/id/3881096/
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