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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10515.56 +73.53
NASDAQ: 2065.48 +12.60
S&P 500: 1145.22 +5.90
AMEX: 1261.31 -0.24
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Earnings optimism buoys Wall Street
Investors, having adjusted to the idea of increased fighting in Iraq, focused again on
company earnings Monday and sent stocks higher on expectations of strong first-quarter
results.
http://www.msnbc.msn.com/id/3683270/
A housing bubble, with worries of a pop
The government's report of a surge in hiring last month already has driven up mortgage
interest rates, reviving speculation about a national housing bubble that could pop
with devastating consequences.
http://www.msnbc.msn.com/id/4703943/
Gas prices rise another 2.5 cents per gallon
Gas prices climbed another 2½ cents in the past two weeks, a national survey said
Sunday.
http://www.msnbc.msn.com/id/4716778/
Fed's McTeer not worried yet on inflation
Robert McTeer, president of the Dallas Federal Reserve Bank, said Monday the rapid
pace of economic growth has not yet caused him concern over the potential of rising
inflation.
http://www.msnbc.msn.com/id/4723407/
Signs of more confidence in U.S. recovery
Corporate America at last believes in the economic recovery, according to evidence
from early returns in the first quarter earnings season. Sustained profit rises are
encouraging executives to hire workers, increase advertising and order new equipment.
http://www.msnbc.msn.com/id/4722046/
Pacific Gas & Electric emerges from bankruptcy
Pacific Gas & Electric emerged from bankruptcy protection, the energy company said
Monday.
http://www.msnbc.msn.com/id/4722998/
WashPost: IRS tax enforcement still sliding - report
>From face-to-face audits to criminal and civil penalties, tax law enforcement by the
>Internal Revenue Service last year continued its slide, according to new data that
>question recent Bush administration claims of a more vigilant IRS.
http://www.msnbc.msn.com/id/4717596/
Cheney pressures Japan over beef imports
Under pressure from U.S. lawmakers, Vice President Dick Cheney raised the thorny issue
of Japan's ban on U.S. beef in talks in Tokyo on Monday, U.S. officials said.
http://www.msnbc.msn.com/id/4722670/
DuPont to cut 3,500 jobs
DuPont Co. said Monday it will cut 3,500 jobs, or 6 percent of its work force, as part
of a previously announced plan to reduce costs by $900 million in the face of high raw
material prices.
http://www.msnbc.msn.com/id/4722125/
Microsoft settles InterTrust suit
Microsoft Corp. will pay InterTrust Technologies Corp. $440 million to license the
software pioneer's anti-piracy patents and settle litigation between the two, the
companies said on Monday.
http://www.msnbc.msn.com/id/4722009/
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