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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10357.09 -14.75
NASDAQ: 2019.82 -5.65
S&P 500: 1133.52 -0.91
AMEX: 1247.76 -2.22
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street's handover rally loses steam
Stocks indices jumped Monday, as an earlier-than-expected transfer of sovereignty to
an interim Iraqi government came without incident, boosting investor confidence on
Wall Street. But the early rally was losing steam in afternoon trading.
http://www.msnbc.msn.com/id/3683270/
Loan guarantee to United Airlines again denied
United Airlines on Monday lost a bid to secure a federal loan guarantee, a fresh
setback to the carrier's efforts to emerge from bankruptcy.
http://www.msnbc.msn.com/id/5316334/
U.S. gas prices fall another 7 cents
Gas prices have slipped almost 7 cents in the last two weeks in the second dip in
prices this year, an industry analyst said Sunday.
http://www.msnbc.msn.com/id/5310739/
Consumer spending surged in May
Consumers - the lifeblood of the economy - boosted their spending in May by the
largest amount in more than two years, an encouraging sign for the recovery's strength.
http://www.msnbc.msn.com/id/5315978/
Oil prices slump as Iraq exports recover
Oil prices dropped sharply on Monday as Iraq ramped up exports after mending sabotaged
pipelines and extra supplies from the OPEC cartel reassured international markets.
http://www.msnbc.msn.com/id/5315789/
Wal-Mart cuts June sales forecast
Wal-Mart Stores Inc. on Monday lowered its June sales forecast because of poor
Father's Day demand and unusually cool weather that curbed sales of air conditioners
and swimming pool supplies.
http://www.msnbc.msn.com/id/5315962/
Jurors deliberate fate of ex-Adelphia execs
A federal court jury began deliberations Monday in the trial of four former Adelphia
Communications Corp. executives accused of looting the cable television system
operator.
http://www.msnbc.msn.com/id/5317163/
Can the animals you eat be treated humanely?
Temple Grandin can take more credit than almost anyone for trying to make modern
slaughterhouses efficient and humane. Now she's expanding her scrutiny beyond the meat
plants.
http://www.msnbc.msn.com/id/5271434/
EU suspends Microsoft antitrust ruling
The European Union on Sunday temporarily lifted its order to Microsoft Corp. to change
the way it sells software in Europe until the EU high court has heard the company's
request for a final appeal of the landmark antitrust decision,
http://www.msnbc.msn.com/id/5310274/
Lay says he's not guilty of crime in Enron fall
Former Enron chairman and chief executive Ken Lay took responsibility for the energy
company's downfall but insisted he had not committed any crimes in an interview with a
newspaper Sunday.
http://www.msnbc.msn.com/id/5309429/
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