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               Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10195.91 -67.06
NASDAQ: 1960.26 -28.72
S&P 500: 1116.63 -8.36
AMEX: 1195.14 -7.68
Wall Street Watch: Complete coverage

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

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     Business
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Strong jobs data could trigger Fed move
The nation's employers are expected to turn in a third straight month of strong job 
growth Friday, clearing the way for the Federal Reserve to begin raising short-term 
interest rates, possibly within a few weeks.
http://www.msnbc.msn.com/id/5130445/

OPEC to raise quotas as oil stockpiles jump
As U.S. oil stockpiles rise, OPEC agreed Thursday to raise its production ceiling by 2 
million barrels a day next month.  But fears of terror attacks on oil facilities are 
keeping crude prices high. By John W. Schoen.
http://www.msnbc.msn.com/id/5119341/

Stocks slip as investors await jobs data
Stocks closed Thursday in negative territory, as investors shrugged off a widely 
expected decision by OPEC to raise its crude oil output. Tech shares were hit 
especially hard amid uncertainty over Intel Corp.'s mid-quarter forecast.
http://www.msnbc.msn.com/id/3683270/

First-quarter productivity grows briskly
The productivity of America's workers in the opening quarter of 2004 grew at a brisk 
3.8 percent annual rate, faster than previously thought. Labor costs moved up.
http://www.msnbc.msn.com/id/5128737/

April factory orders weaker than expected
U.S. factory orders posted their biggest decline in a year as demand for a wide array 
of goods fell in April, the government said on Thursday in a weaker-than-expected 
report.
http://www.msnbc.msn.com/id/5129470/

Record-high fuel prices drive airlines into the red
Record-breaking fuel costs are driving already struggling U.S. airlines into the red, 
their executives told lawmakers Thursday.
http://www.msnbc.msn.com/id/5123802/

Anheuser-Busch clinches Harbin bid
Anheuser-Busch won the takeover battle for China's fourth-largest beer maker on 
Thursday after arch-rival SABMiller withdrew from bidding for Harbin Brewery, sources 
familiar with the situation said.
http://www.msnbc.msn.com/id/5128352/

Seagate to cut work force by 7 percent
Seagate Technology, the top U.S. maker of computer hard-disk drives, said on Wednesday 
that it will cut about 7 percent of its work force by the end of the year in a bid to 
boost profitability.
http://www.msnbc.msn.com/id/5127854/

SEC charges former Symbol officials
Seven former top executives of Symbol Technologies, a leading maker of bar-code 
scanners and wireless networks, were charged Thursday with inflating the company's 
earnings by more than $200 million.
http://www.msnbc.msn.com/id/5129803/

Greenspan nomination hearing set for June 10
Federal Reserve Chairman Alan Greenspan will testify next Thursday before the Senate 
Banking Committee as it considers his nomination for a fifth term at the central 
bank's helm, the panel said on Thursday.
http://www.msnbc.msn.com/id/5130183/


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