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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10851.51 +45.89
NASDAQ: 2059.72 -1.57
S&P 500: 1209.25 +2.24
AMEX: 1483.46 -17.33
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue-chip stocks gain as oil prices pull back
Blue-chip stocks closed Thursday modestly higher, as investors digested a
surprise jump in jobless claims and a new drop in the U.S. dollar. Falling
crude oil prices, which contributed to the previous session�?Ts sell-off,
helped offset some concerns about inflation.
http://msnbc.msn.com/id/3683270/
Delta warns of 'substantial' loss in 2005
Delta Air Lines Inc., the nation�?Ts third-largest airline, said Thursday it
expects to report a �?osubstantial�?� loss this year and warned it may have to
seek bankruptcy protection if its financial situation worsens.
http://msnbc.msn.com/id/7147172/
30-year mortgage rates hit seven-month high
Rates on 30-year mortgage levels hit the highest level in seven months,
reflecting four straight weeks of rising rates, Freddie Mac reported Thursday.
http://msnbc.msn.com/id/7148582/
Report: Investment group bids for Toys 'R' Us
An investment group has proposed paying about $5 billion for all of Toys "R" Us
Inc., which has been considering splitting its toy retailing business from its
more lucrative Babies R Us operations, The Wall Street Journal reported
Thursday.
http://msnbc.msn.com/id/7146957/
Consumer online spending grows 14 percent
Consumer spending on online content such as music, dating sites and business
and investment information grew 14 percent last year, an organization of online
publishers reported Thursday.
http://msnbc.msn.com/id/7150639/
Crude oil prices lower on profit-taking
Crude oil futures prices fell more than $1 a barrel Thursday, a sell-off that
analysts attributed to profit-taking a day after traders tested near-record
highs above $55 a barrel.
http://msnbc.msn.com/id/5612507/
Senate nears approval of bankruptcy bill
Majority Republicans methodically knocked down Democratic attempts to ease the
effects of a pending bankruptcy bill as senators neared final passage of
legislation making it harder for people to dump debts.
http://msnbc.msn.com/id/7151076/
Weekly jobless claims hit a two-month high
The number of American applying for first-time jobless benefits exceeded
expectations, climbing 17,000 last week to its highest level in two months, a
government report showed on Thursday.
http://msnbc.msn.com/id/7147414/
MBA wannabes learn tough ethics lesson
Hundreds of MBA applicants were caught hacking into a software program to check
on the status of their applications. Several top-tier B-schools that discovered
have decided to reject those hackers' applications.
http://msnbc.msn.com/id/7149271/
The too good to be true tax break
The Roth IRA is a variation on the retirement savings theme: It's built with
after-tax dollars and, in general, makes it easier to save and withdraw money
when needed.
http://msnbc.msn.com/id/7084164/
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