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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10829.19 -25.35
NASDAQ: 2177.00 -0.19
S&P 500: 1213.45 -0.09
AMEX: 1426.73 +0.35
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks struggle amid profit-taking
Wall Street gave back some of its yearend gains Wednesday as continued weakness
in the dollar and concerns over crude oil futures prompted a spate of
holiday-week profit taking.
http://msnbc.msn.com/id/3683270/
Oil prices jump on news of Saudi blast
Oil prices rose more than $1 a barrel Wednesday following reports of at least
one explosion in the capital of Saudi Arabia and after the U.S. government
reported that winter fuel supplies declined last week.
http://msnbc.msn.com/id/5612507/
U.S. existing-home sales rose in November
Sales of previously owned homes in November posted their best month on record
as low mortgage rates enticed buyers to live the American dream.
http://msnbc.msn.com/id/6765711/
Pentagon planning cuts to new fighter jet
The Pentagon is planning sharp cuts in the Air Force's program for its new
F/A-22 fighter jet in a move budget analysts said was intended to offset
mounting U.S. deficits and the growing costs of the Iraq war, Wednesday's New
York Times reported.
http://msnbc.msn.com/id/6765086/
Yukos asset sale called 'scam of the year'
Andrei Illarionov, the outspoken senior economic adviser to Vladimir Putin,
Russia's president, said the sale of Yuganskneftegas the main production asset
of Yukos oil company was the "scam of the year" that demonstrated "the lack of
rules" in Russia.
http://msnbc.msn.com/id/6765478/
Mortgage rates higher for second straight week
Interest rates on U.S. 30-and 15-year mortgages rose for a second straight week
this week, but the housing market remained healthy, with record sales expected
for 2004, mortgage finance company Freddie Mac said on Wednesday.
http://msnbc.msn.com/id/5899422/
US Airways asks employees to work for free
US Airways appealed Tuesday to employees to work for free at Philadelphia's
airport over New Year's, and separately said it might discipline those who
called in sick over Christmas.
http://msnbc.msn.com/id/6763789/
GE holds spot as most valuable company
Soaring energy prices buoyed Exxon Mobil Corp. shares to an all-time high this
year, but it was not enough to displace a resurgent General Electric Co. as the
U.S. company with the highest market capitalization.
http://msnbc.msn.com/id/6765986/
Time Warner, Sprint eye cellular deal
Time Warner Cable is reportedly working with Sprint Corp. on a deal that would
allow the cable provider to offer cellphone service on a trial basis next year.
http://msnbc.msn.com/id/6765197/
Yum to offer free gym memberships in �?T05
The parent of the Pizza Hut, Taco Bell and KFC fast-food chains will give out
free gym memberships to customers beginning Jan. 1 in a bid to win over
consumers resolved to limit fatty foods in the New Year.
http://msnbc.msn.com/id/6765801/
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