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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10109.89 -7.73
NASDAQ: 1976.15 +11.50
S&P 500: 1114.95 +1.90
AMEX: 1193.33 -2.55
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Military struggles to keep supplies flowing to Iraq
Fighting in Iraq and increased training back home are straining the military's
supplies - and giving manufacturers in the United States a surge in business.
http://www.msnbc.msn.com/id/5068407/
Stocks close mixed amid data concerns
Stocks closed Wednesday's lackluster session narrowly mixed, as investors' worries
over the economy and the possibility of terror attacks injected new uncertainty into
the market after a one-day reprieve.
http://www.msnbc.msn.com/id/3683270/
New-home sales tumble 11.8 percent
Sales of new U.S. homes sagged well below expectations in April to post their biggest
monthly drop in more than ten years as rising mortgage interest rates cooled the busy
housing market, a government report showed on Wednesday.
http://www.msnbc.msn.com/id/5067308/
Orders for big-ticket goods fall
Orders to factories for big-ticket goods fell sharply in April after posting a strong
gain in the previous month, reflecting the sometimes bumpy recovery navigated by the
nation's manufacturers.
http://www.msnbc.msn.com/id/5066605/
U.S. voters unimpressed by job numbers
A year ago, good economic news surely would have swayed voters. But with gas climbing
past $2 a gallon and the situation in Iraq deteriorating, the public seems less than
impressed by the economy's strength.
http://www.msnbc.msn.com/id/5067838/
Saudi reportedly mulls extra oil capacity
Saudi Arabia is considering building additional oil production capacity of 1.5-2.0
million barrels per day (bpd) in case strong world oil demand requires it to pump at
full throttle, the head of the kingdom's state oil company said on Wednesday.
http://www.msnbc.msn.com/id/5068386/
U.S. eyes ways to boost gasoline supplies
The Bush administration is considering removing environmental requirements for a
multitude of gasoline blends as one way to increase supplies of gasoline and fight
soaring prices, Commerce Secretary Donald Evans said.
http://www.msnbc.msn.com/id/5068594/
Ex-banker Quattrone asks for new trial
Frank Quattrone, the former star technology banker convicted earlier this month of
obstructing justice, is seeking a new trial based on "unorthodox and confusing" jury
instructions.
http://www.msnbc.msn.com/id/5066300/
Former Clinton attorney joins Stewart team
Martha Stewart has added a lawyer who represented the Clinton administration before
the Supreme Court to a legal defense team newly energized by last week's charges that
a government witness lied at her criminal trial.
http://www.msnbc.msn.com/id/5066311/
Wells Fargo buys Strong Financial assets
Wells Fargo & Co. has agreed to buy Strong Financial's $34 billion in assets under
management. Terms of the deal, announced Wednesday morning, were not disclosed.
http://www.msnbc.msn.com/id/5066674/
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