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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10120.24 -58.92
NASDAQ: 1859.42 -32.67
S&P 500: 1099.69 -6.93
AMEX: 1251.05 +2.00
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Consumer data, oil prices sink stocks
Stocks fell Tuesday, as the government reported a drop in U.S. consumer spending in
June and crude oil prices surged again before pulling back slightly.
http://www.msnbc.msn.com/id/3683270/
The best-selling vehicles of 2004
If Ford's F-Series pickup were to lose its position as America's best-selling vehicle,
the effect would be similar to that of a World Series victory by the Boston Red Sox:
the end of an era.
http://www.msnbc.msn.com/id/5582238/
Auto sales heat up again in July
GM and Ford reported weaker U.S. July sales on Tuesday, even as industrywide sales
rebounded from a surprisingly weak pace in June.
http://www.msnbc.msn.com/id/5591882/
Analysts see rally in oil prices continuing
With the price of crude oil hitting fresh highs this week, bringing $50 crude firmly
into view, analysts say it will take a sea-change - a recession, an abnormally mild
northern winter or perhaps a change in U.S. President - to end the rally in prices.
http://www.msnbc.msn.com/id/5590380/
Halliburton agrees to settle SEC charges
Halliburton Co. will pay $7.5 million to settle charges that it failed to disclose a
1998 accounting change at a time when U.S. Vice President Dick Cheney headed the
company, authorities said Tuesday.
http://www.msnbc.msn.com/id/5592508/
U.S. consumer spending dropped in June
Hit with higher energy prices, U.S. consumers slashed their spending in June by the
largest amount in three years the Commerce Department reported early Tuesday.
http://www.msnbc.msn.com/id/5590577/
U.S. job cuts rise in July as hiring falls
Layoffs in the United States rose 8 percent in July from the previous month, a report
said on Monday, as the job market recovery struggled to gain momentum.
http://www.msnbc.msn.com/id/5591288/
Schlotzsky's files for bankruptcy protection
Schlotzsky's Inc., a delicatessen franchiser with more than 500 outlets in 36 states
and six countries, filed on Tuesday for protection from its creditors under Chapter 11
of the federal bankruptcy laws.
http://www.msnbc.msn.com/id/5592124/
Tyco's quarterly profit rises 63 percent
Tyco International Ltd. on Tuesday reported a 63 percent increase in quarterly profit
as strength in its electronics and engineering businesses helped it beat analysts'
expectations.
http://www.msnbc.msn.com/id/5590453/
Martha Stewart Living posts quarterly loss
Martha Stewart Living Omnimedia Inc. reported a second-quarter loss Tuesday as it
continues to grapple with slack advertising sales following the criminal conviction of
its founder earlier this year.
http://www.msnbc.msn.com/id/5590533/
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