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               Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10202.65 +14.20
NASDAQ: 1990.77 +4.03
S&P 500: 1121.24 +0.56
AMEX: 1203.10 +4.99
Wall Street Watch: Complete coverage

http://www.msnbc.msn.com/id/3032221/
                        

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     Business
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Stocks end higher amid rising oil prices
Stocks closed Tuesday's seesaw session slightly higher amid a surge in oil prices, 
which was due to weekend terrorist slayings in Saudi Arabia, and more evidence that 
the construction and manufacturing sectors are performing well.
http://www.msnbc.msn.com/id/3683270/

Viacom's Mel Karmazin resigns
Media conglomerate Viacom Inc. said on Tuesday that Mel Karmazin was resigning as 
president and chief operating officer.
http://www.msnbc.msn.com/id/5110878/

Oil surges after weekend Saudi terror attack
U.S. oil prices surged over $2 to set successive record highs on Tuesday after an 
attack in Saudi Arabia by Islamic militants killed 22 people, heightening fears about 
political instability in the world's biggest oil exporter.
http://www.msnbc.msn.com/id/5098489/

OPEC fears more oil won't slow rising prices
OPEC producers on Tuesday said they feared an expected deal this week to hoist crude 
output limits may fail to quell an escalating world oil price scare.
http://www.msnbc.msn.com/id/5111431/

Gas-price rise stalls over holiday weekend
The price of gasoline fell slightly over the Memorial Day weekend, stalling a rise in 
U.S. pump prices to record highs and offering relief to millions of motorists, the AAA 
auto club said on Tuesday.
http://www.msnbc.msn.com/id/5113239/

Prosecution rests case against Rigases
Prosecutors rested their fraud case Tuesday against four former Adelphia 
Communications Corp. executives, including founder John Rigas and two of his sons.
http://www.msnbc.msn.com/id/5113548/

U.S. job cuts stage second monthly rise
The number of planned layoffs in the United States rose for the second month in a row 
in May, with the retail sector registering the highest number of job cuts, according 
to a report on Tuesday.
http://www.msnbc.msn.com/id/5111859/

Accenture-led group wins U.S. security contract
A group led by Accenture Ltd won a U.S. government security contract on Tuesday worth 
up to $10 billion to track foreign visitors using digital photographs, fingerprints 
and other "biometric" information.
http://www.msnbc.msn.com/id/5113894/

Home prices grow 7.7 percent during Q1
U.S. average home prices rose 7.71 percent during the first three months of 2004 from 
a year earlier on robust demand and low mortgage rates, the Office of Federal Housing 
Enterprise Oversight said on Tuesday.
http://www.msnbc.msn.com/id/5112026/

Manufacturing index improves in May
U.S. manufacturing activity expanded for the 12th consecutive month in May, and 
factories boosted employment as the overall economy strengthened, according to a key 
index released Tuesday.
http://www.msnbc.msn.com/id/5111907/


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