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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10040.82 -42.33
NASDAQ: 1819.89 -11.48
S&P 500: 1091.23 -3.94
AMEX: 1221.95 +5.29
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks sink as oil prices hit fresh highs
With the much-ballyhooed initial public offering of Google Inc. behind them and oil
chugging to a new record high, investors took a step back Thursday, sending stocks
lower.
http://www.msnbc.msn.com/id/3683270/
Google shares begin trading with gains
On the cusp of its voyage into public trading, Google's initial stock price was set at
$85 and its market value calculated at $23 billion - less than originally expected,
but still impressive for a six-year-old dot-com dreamed up in a garage.
http://www.msnbc.msn.com/id/5743246/
Oil prices again set new record high
Oil prices struck a fresh record on Thursday, spurred higher by renewed violence in
Iraq and fresh evidence that strong demand growth in China and India has not been
slowed yet by higher energy costs.
http://www.msnbc.msn.com/id/5743701/
Leading economic indicators drop in July
A closely watched measure of future economic activity fell in July for the second
consecutive month, reinforcing evidence that the nation's financial recovery is
slackening.
http://www.msnbc.msn.com/id/5759392/
United likely to terminate pension plans
Cash-strapped United Airlines said in a bankruptcy court filing Thursday that it
"likely" will be necessary to terminate and replace its employee pension plans.
http://www.msnbc.msn.com/id/5761475/
BA workers reject pay offer, strike planned
British Airways Plc faces a crippling 24-hour strike later this month after members of
the airline's largest union rejected the company's latest pay offer and voted to walk
off the job.
http://www.msnbc.msn.com/id/5735444/
Jobless claims drop for 3rd straight week
The number of Americans filing new claims for unemployment benefits edged down last
week for a third consecutive time, signaling that the labor market may be improving
after hitting a speed bump in June and July.
http://www.msnbc.msn.com/id/5758475/
30-year rates under 6% for 3rd straight week
Interest rates on U.S. 30-year mortgages stayed under 6 percent for a third straight
week, mortgage finance company Freddie Mac said Thursday, remaining at their lowest
averages since early April.
http://www.msnbc.msn.com/id/5760711/
SEC warns of 'breezy, intimate' stock touts
Beware if you've gotten a "breezy, intimate" voice mail message from a female caller
with a hot stock tip who sounds like she's dialed the wrong number.
http://www.msnbc.msn.com/id/5760062/
Athens on track for success despite empty seats
When Australia's Ian Thorpe beat Michael Phelps of the US in the men's 200m freestyle
swimming final in Athens the stands were a riot of color, with fans draped in national
flags cheering on their heroes.
http://www.msnbc.msn.com/id/5761124/
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