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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10317.20 +3.20
NASDAQ: 1950.48 +11.76
S&P 500: 1119.51 +2.02
AMEX: 1229.65 +13.86
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Fed leaves interest rates unchanged
The Federal Reserve's Open Market Committee agreed to leave the benchmark federal
funds rate at a 46-year low of 1 percent. But, amid signs of growing strength in the
U.S. economy, the Fed signaled a shift toward rate hikes later this year.
http://www.msnbc.msn.com/id/4900214/
Stocks barely higher after Fed stands pat
Stocks end higher Tuesday, after the Federal Reserve says shifts in its monetary
policy are "likely to be measured," easing fears of aggressive interest-rate hikes
that could stifle growth in the U.S. economy and corporate profits.
http://www.msnbc.msn.com/id/3683270/
U.S. job cuts rose 6.1 percent in April
Layoffs in the United States rose 6.1 percent last month, after falling to their
lowest level in nine months in March, a report said on Tuesday, signaling the April
payrolls report due Friday may not be as strong as in March.
http://www.msnbc.msn.com/id/4899247/
Factory orders jump sharply in March
New orders at U.S. factories rose by much more than expected in March, government data
showed on Tuesday, with non-defense orders posting their largest monthly gain in 12
years.
http://www.msnbc.msn.com/id/4899080/
Gore launches cable TV network
Former Vice President Al Gore and entrepreneur Joel Hyatt launched their own cable
television network Tuesday by buying Newsworld International from Vivendi Universal
Entertainment for an undisclosed sum.
http://www.msnbc.msn.com/id/4900079/
Oil, gasoline prices seen going even higher
The price of oil is likely to remain high in coming months and could rise further,
analysts say, due to ravenous global demand and petroleum producers' reluctance to
boost supplies.
http://www.msnbc.msn.com/id/4900488/
FT: U.S. fund criticizes Google's IPO structure
One of the largest U.S. pension funds has said that shares in Google should be priced
at "a substantial discount" to reflect the fact that insiders will retain control of
the Internet company following its initial public offering.
http://www.msnbc.msn.com/id/4900355/
Boeing hires ethics watchdog
Boeing has hired an independent ethics watchdog that will inform the U.S. government
of any future ethical breaches at the aircraft maker, the Wall Street Journal said on
Tuesday.
http://www.msnbc.msn.com/id/4898219/
GM posts razor-thin rise in April U.S. sales
General Motors Corp. on Tuesday reported a slight 0.4 percent rise in its U.S. vehicle
sales for April, as incentives on SUVs, vans and pickup trucks failed to bolster
results as much as expected.
http://www.msnbc.msn.com/id/4900539/
Music firms reach unpaid-royalties deal
Major recording companies have agreed to return nearly $50 million in unclaimed
royalties to Sean Combs, Gloria Estefan, Dolly Parton and thousands of more obscure
musicians under a settlement announced Tuesday.
http://www.msnbc.msn.com/id/4898478/
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