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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10019.47 +29.45
NASDAQ: 1931.35 +35.28
S&P 500: 1095.49 +8.37
AMEX: 1165.00 +1.56
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks struggle after three-day slide
Stocks were struggling Tuesday after three days of losses that dragged the Dow Jones
industrial average to its first close below the emotionally-key 10,000 level since
December.
http://www.msnbc.msn.com/id/3683270/
Think tank sees strong U.S. growth
The world's richest economies are set to grow at their fastest rate in four years in
2004 and, while inflation will stay low, interest rates should start to return to more
normal levels, the Organization for Economic Cooperation and Development said on
Tuesday.
http://www.msnbc.msn.com/id/4951183/
WashPost: Across U.S., war means jobs
In some places in the United States, the economy is surging with the urgency of a
boom. But it wasn't President Bush's tax cuts, Federal Reserve interest rate policies
or even a general economic turnaround that did the trick. It was war.
http://www.msnbc.msn.com/id/4947681/
Fed's McTeer downplays energy woes
Dallas Federal Reserve Bank President Robert McTeer said in an opinion piece in the
Wall Street Journal on Monday that that despite the spike in energy prices, the United
States will not go into a recession as it has during previous jumps in energy costs.
http://www.msnbc.msn.com/id/4951185/
Chiquita bribed Colombian terror groups
A subsidiary of Chiquita banana company made payments to groups in Colombia that the
United States has designated as foreign terrorist organizations, and the U.S. Justice
Department is investigating, the company disclosed Monday.
http://www.msnbc.msn.com/id/4952302/
WashPost: Biotech wheat plan scrapped
The Monsanto Co. yesterday scrapped plans to commercialize genetically engineered
wheat, the biggest defeat yet for advocates of agricultural biotechnology -- and a
victory for skeptics who said the company was trying to foist on the world a crop it
did not want or need.
http://www.msnbc.msn.com/id/4947685/
P&G buys out China ally for $1.8 billion
Consumer products maker Procter & Gamble Co. on Tuesday said it bought the remaining
20 percent stake in its China joint venture from partner Hutchison Whampoa China Ltd
for $1.8 billion.
http://www.msnbc.msn.com/id/4951660/
Business group shells egg-industry ads
The egg industry should stop advertising its products as humane as long as it
continues such practices as clipping hens' beaks and depriving birds of food and
water, according to a ruling issued Monday by the Better Business Bureau.
http://www.msnbc.msn.com/id/4951194/
Spitzer subpoenas Putnam over rebates
New York State Attorney General Eliot Spitzer has subpoenaed Putnam Investments again,
this time in search of information about fee rebates given to select clients,
according to a regulatory filing.
http://www.msnbc.msn.com/id/4951863/
Analysts trim Altria's '04 earnings outlook
Analysts who track Altria Group Inc. trimmed their 2004 earnings estimates for the
company to account for new details it gave late Monday on potential charges for its
draft cooperation agreement with the European Commission.
http://www.msnbc.msn.com/id/4951890/
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