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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10149.07 +55.01
NASDAQ: 1917.07 +33.24
S&P 500: 1108.67 +7.77
AMEX: 1261.48 -1.97
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks sluggish as investors eye Fed chief
Shares edged slightly higher in a sluggish session Tuesday, as investors absorbed a
disappointing report on housing construction and awaited the latest economic
assessment from Federal Reserve Chairman Alan Greenspan.
http://www.msnbc.msn.com/id/3683270/
Housing construction fell in June
Home builders took a bit of a breather in June, sending housing construction down to
its lowest level in just over a year. It was another sign that the economy slowed down
last month.
http://www.msnbc.msn.com/id/5465549/
Grasso countersues NYSE for $50 million
Former New York Stock Exchange chief Richard A. Grasso has sued the exchange for at
least $50 million, claiming breach of contract and defamation on the part of exchange
officials, including current NYSE chairman John Reed.
http://www.msnbc.msn.com/id/5465747/
Greenspan expected to say all's well
U.S. lawmakers get a chance on Tuesday to grill Alan Greenspan on the significance of
a June slowdown, but economists expect the Federal Reserve chief to pin it on a summer
lull and stress that all's well with the economy.
http://www.msnbc.msn.com/id/5465252/
Altria's 2nd-quarter profit up nearly 8 percent
Altria Group Inc. said second-quarter profit rose 7.8 percent, boosted by the weaker
dollar and a lower tax rate.
http://www.msnbc.msn.com/id/5465908/
Ford profit rises on strong finance arm results
Ford Motor Co. on Tuesday said its second-quarter profit more than doubled, topping
estimates, as strength in its finance arm offset weak auto sales.
http://www.msnbc.msn.com/id/5465249/
Russian government to sell major Yukos unit
Russia plans to sell oil major Yukos' main operating unit, the justice ministry said
on Tuesday, launching a much-feared move that would rip the heart out of a company
pumping a fifth of the country's oil.
http://www.msnbc.msn.com/id/5466474/
Martha Stewart to write book about trial
Martha Stewart said Monday she plans to write a book about her trial experience to
help others facing that process.
http://www.msnbc.msn.com/id/5465259/
Schwab dumps CEO Pottruck for founder
Discount broker Charles Schwab Corp. dumped CEO David Pottruck on Tuesday and replaced
him with founder Charles Schwab, hoping the man who created the company can rejuvenate
a business that has been sputtering for several years.
http://www.msnbc.msn.com/id/5466173/
Airbus unveils deal worth more than $7 billion
European aircraft maker Airbus signed a deal Tuesday worth more than $7 billion to
sell 24 airplanes to Abu Dhabi-based Etihad Airways, including four of its new A380
jumbo jets.
http://www.msnbc.msn.com/id/5465294/
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