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               Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10485.18 +26.29
NASDAQ: 2111.78 +24.86
S&P 500: 1127.23 +5.37
AMEX: 1202.33 +1.25
Wall Street Watch: Complete coverage

http://www.msnbc.msn.com/id/3032221/
                        

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     Business
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Stocks move up ahead of earnings
Stocks closed Monday's choppy trading session with moderate  gains, as investors made 
few moves while they waited for companies to start reporting their fourth-quarter 
earnings this week.
http://msnbc.msn.com/id/3683270/

WashPost: Consumer debt grows at alarming pace
According to the latest figures from the Federal Reserve, America's consumer debt has 
topped $2 trillion for the first time, continuing what debt experts view as an 
alarming surge in recent years.
http://msnbc.msn.com/id/3939463/

Retail sales seen up 5 percent in 2004
Increased household income and low inflation should help drive a 5 percent rise in 
U.S. retail sales in 2004, the National Retail Federation trade group said on Monday.
http://msnbc.msn.com/id/3936928/

Pentagon probes defense firms' hiring
The U.S. Defense Department has launched an inquiry into high-level military officials 
who have taken jobs at defense contractors over the past few years, prompted by 
ethical problems at Boeing Co., the Wall Street Journal said on Monday.
http://msnbc.msn.com/id/3936900/

Boeing, Lockheed locked in an aerospace dogfight
They didn't begin as rivals. Back in 1915, Boeing's founder, William Boeing, took 
flying lessons from Glenn Martin. But history has placed these two powerhouses head to 
head in the defense industry.  By CNBC's Maya Kulycky
http://msnbc.msn.com/id/3939579/

U.S. mad cow case to cut cattle prices
The first case of mad cow in the U.S. will lower cattle prices in 2004, the U.S. 
Department of Agriculture said Monday.
http://msnbc.msn.com/id/3939333/

Morgan Stanley fined for defaming LVMH
A Paris court on Monday found U.S. investment bank Morgan Stanley guilty of defaming 
global luxury leader LVMH in a landmark ruling which, if upheld, could change the face 
of investment research.
http://msnbc.msn.com/id/3938679/

SEC begins formal probe into Fremont
The Securities and Exchange Commission has started a formal probe into trading 
activities at Fremont Investment Advisors, a San Francisco-based mutual fund manager.
http://msnbc.msn.com/id/3939308/

Six NYSE stocks to trade on Nasdaq
Six companies currently listed on the New York Stock Exchange have decided to 
dual-list their stocks on the Nasdaq stock exchange, giving investors a chance to find 
better prices and allowing  firms more flexibility.
http://msnbc.msn.com/id/3939339/

Dollar climbs from record lows against euro
The dollar climbed against the euro on Monday, drawing support from comments by 
European Central Bank President Jean-Claude Trichet, who said "brutal" currency moves 
were unwelcome.
http://msnbc.msn.com/id/3936929/


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