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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10451.97 +54.51
NASDAQ: 1995.74 -6.43
S&P 500: 1134.57 +5.73
AMEX: 1239.68 +6.80
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed's patience tested by strong economic data
A trio of surprising reports has caused many economists to predict that the Federal
Reserve is likely to raise short-term interest rates months earlier than previously
anticipated. But not everyone is ready to jump on the rate-hike bandwagon. By Martin
Wolk.
http://www.msnbc.msn.com/id/4758449/
Stock market indices close mixed
Stocks were mostly higher Friday, as investors sought out blue chip stocks, adjusting
their portfolios against the risk of higher interest rates. Technology stocks were
down, however, on poor earnings and a dour outlook from mobile phone giant Nokia.
http://www.msnbc.msn.com/id/3683270/
Housing construction rebounds robustly
Housing construction rebounded with gusto in March, rising by 6.4 percent, the largest
increase in 10 months.
http://www.msnbc.msn.com/id/4757174/
Consumer sentiment slips in April
U.S. consumer sentiment deteriorated in early April as job worries continued to weigh
on Americans' views of the economy, a survey released on Friday showed.
http://www.msnbc.msn.com/id/4757623/
German central bank chief quits
The head of Germany's Bundesbank, Ernst Welteke, resigned Friday after coming under
heavy criticism for taking a free hotel stay from a commercial bank, the central bank
said.
http://www.msnbc.msn.com/id/4757880/
Nokia sees weak 2nd-quarter profits
Top handset maker Nokia warned on Friday second-quarter earnings would fall and sales
could also drop as its patchy handset portfolio proves no match for tough competition,
sending its stock sharply lower.
http://www.msnbc.msn.com/id/4756894/
Greenspan: Companies must restore trust
In light of the corporate scandals of recent years, companies need to work harder than
ever to restore trust in the operation of the nation's financial markets, Federal
Reserve Chairman Alan Greenspan said Friday.
http://www.msnbc.msn.com/id/4757117/
Coca-Cola set for EU talks over rebate case
Coca-Cola and the European Commission are expected to start talks in the next few
weeks to try to resolve the Brussels antitrust case against the group.
http://www.msnbc.msn.com/id/4758142/
Answer Desk: Penalties for a really late tax return
OK, it's the day after April 15, you still haven't filed your tax return, and you're
wondering what kind of penalty the folks at the Internal Revenue Service are cooking
up for you. Take heart, you're still in better shape than Mike in Florida. He still
hasn't filed his 2002 return and wants to know what it's going to cost him. (We hope
he's sitting down when he reads the answer.)
http://www.msnbc.msn.com/id/3403854/
Apple rebuffs RealNetworks' approach
Apple Computer Inc. apparently doesn't want to sing the same tune as its Internet
music rival RealNetworks Inc.
http://www.msnbc.msn.com/id/4756973/
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