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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10391.08 +148.26
NASDAQ: 2020.62 +42.00
S&P 500: 1140.53 +18.03
AMEX: 1210.51 +9.32
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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New breed of drugs offers hope in cancer war
Several newly developed oncology drugs are offering new hope to cancer patients and to
pharmaceutical firms, who expect the market for oncology medication to grow in the
years ahead.
http://www.msnbc.msn.com/id/5076908/
Stocks soar amid oil price optimism
Investors bid stocks sharply higher Monday on optimism over oil prices and the
strength of the economy, although light volume showed the rally was lacking in
conviction. The Dow Jones industrial average closed the day with a gain of 148 points.
http://www.msnbc.msn.com/id/3683270/
U.S. markets to close for Reagan funeral
The New York Stock Exchange and the Nasdaq said Monday they will close on Friday, June
11 in observance of the national day of mourning for former President Ronald Reagan.
http://www.msnbc.msn.com/id/5157726/
Oil prices edge up amid rumors of glitch
NYMEX crude oil futures ended modestly higher on Monday on the back of gasoline's rise
amid talk of a glitch in a Mississippi refinery.
http://www.msnbc.msn.com/id/5156364/
Airlines plan to scrap paper tickets by 2007
The world's airlines agreed on Monday to cost-cutting measures such as full electronic
ticketing by 2007 as the industry faces up to $3 billion in losses this year due to
soaring fuel prices.
http://www.msnbc.msn.com/id/5156698/
Continental Airlines rescinds latest fare hike
Continental Airlines on Monday said it has rescinded the airfare increase it put in
place last week in what was its latest effort to offset high jet fuel costs.
http://www.msnbc.msn.com/id/5157935/
Microsoft discloses merger talks with SAP
Microsoft Corp. and German business software company SAP held discussions last year
about a potential merger but broke off talks a few months ago, the world's largest
software maker said on Monday.
http://www.msnbc.msn.com/id/5158126/
Supreme Court allows Mexican trucks in U.S.
The Supreme Court ruled unanimously Monday that the Bush administration can skip a
lengthy environmental study and open U.S. roadways to Mexican trucks as soon as it
wishes.
http://www.msnbc.msn.com/id/5157350/
Pixar's Jobs 'flexible' on new Disney deal
Pixar CEO Steve Jobs on Monday left open the door for a new film distribution deal
with Disney, following an overture from Disney last week, but said no such talks had
begun.
http://www.msnbc.msn.com/id/5158840/
Judge postpones first Enron trial
A federal judge on Monday postponed the first scheduled Enron Corp. criminal trial
until August after lawyers informed him the proceedings will last beyond the scheduled
six weeks.
http://www.msnbc.msn.com/id/5157787/
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