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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10296.89 -160.07
NASDAQ: 1964.15 -31.01
S&P 500: 1123.89 -16.69
AMEX: 1242.66 -16.85
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street tumbles on price concerns
Stock indices tumbled Wednesday, with the Dow industrials and the Nasdaq Composite
sinking to new 2004 lows, as investors worried that stocks may be overvalued and
mulled data showing a record trade deficit in January, which renewed concern about the
sustainability of the economic recovery.
http://www.msnbc.msn.com/id/3683270/
Trade gap hits record $43.1 billion
America's trade deficit mushroomed to an all-time high of $43.1 billion in January, as
sales of foreign-made goods hovered near record levels.
http://www.msnbc.msn.com/id/4495816/
EchoStar, Viacom nearing deal, officials say
Officials from EchoStar and Viacom said they were closer to settling a dispute that
resulted in popular channels being taken away from illions of satellite TV customers.
http://www.msnbc.msn.com/id/4495441/
Wholesale inventories edge higher
Inventories of wholesale goods rose 0.1 percent across the nation in January,
according to data released by the Commerce Department. Wall Street was expecting an
increase of 0.4 percent.
http://www.msnbc.msn.com/id/4496427/
House moves to stop obesity lawsuits
The House moved Wednesday to stop lawyers from pinning the blame for America's obesity
crisis on fast-food and other restaurants in supersized lawsuits that Republicans say
could bankrupt the food industry.
http://www.msnbc.msn.com/id/4499018/
Blue chip survey ups 2004 outlook
WASHINGTON (Reuters) - The U.S. economy will grow 4.7 percent this year, according to
an influential poll of economists released on Thursday, which also said soaring energy
prices have begun to feed into forecasts for inflation.
http://www.msnbc.msn.com/id/4495538/
Shoppers stand by Martha Stewart's stuff
The preliminary verdict is in from Martha Stewart's customers, and the convicted queen
of home furnishings should like it much better than the one delivered in a New York
courtroom last week.
http://www.msnbc.msn.com/id/4499319/
Scrushy accuses prosecutors of misconduct
HealthSouth's former chief executive officer Richard Scrushy has accused prosecutors
of misconduct, claiming they withheld evidence that proved his innocence and led to
charges against him in a huge accounting scandal.
http://www.msnbc.msn.com/id/4497772/
The smart money is still in fat
This week Rand released a study saying that the epidemic of obesity in America could
cancel recent improvements in health within the next 20 years, and the CIDC released
another saying that poor diet and physical inactivity may soon overtake smoking as the
deadliest habits in the United States.
http://www.msnbc.msn.com/id/4496878/
Procter & Gamble raises profit outlook
Procter & Gamble Co. on Tuesday raised its current quarter and annual profit outlook
due to strong volume growth in shampoo, tooth whiteners and heartburn pills.
http://www.msnbc.msn.com/id/4495528/
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