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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10549.06 +81.58
NASDAQ: 2087.86 +19.22
S&P 500: 1202.22 +10.72
AMEX: 1488.77 +16.19
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street rallies as crude oil prices surge
Stocks strode higher Wednesday, as investors became hopeful that the Federal
Reserve is close to winding down its interest rate tightening cycle. But a
late-day rise in oil prices above $54 cut into Wall Street�?Ts gains.
http://msnbc.msn.com/id/3683270/
SEC Chairman William Donaldson stepping down
SEC Chairman William Donaldson, installed by President Bush to restore
confidence in a stock market shaken by a wave of corporate scandals, announced
his resignation Wednesday.
http://msnbc.msn.com/id/8060972/
GM, Ford lose ground to Asian rivals
General Motors Corp. and Ford Motor Co. saw sales slip again in May as
customers continued to turn away from sport utility vehicles and trucks in
favor of models from Japanese competitors.
http://msnbc.msn.com/id/8062297/
Fed�?Ts Fisher implies rate hikes near an end
The Federal Reserve has room to raise interest rates further but may be getting
close to the end of its tightening cycle, Federal Reserve Bank of Dallas
President Richard Fisher told CNBC TV Wednesday.
http://msnbc.msn.com/id/8060354/
Online shoppers seen naive about prices
Most online shoppers don't realize Internet merchants can charge different
prices to different customers for the same products, according to a new survey.
http://msnbc.msn.com/id/8051711/
Airbus to delay more �?~superjumbo�?T jets
Airbus, which said in April that the first delivery of its A380
�?osuperjumbo�?� would be delayed, admitted Wednesday that deliveries to other
early customers will also be pushed back by up to six months. Qantas said it
will seek compensation for the lag.
http://msnbc.msn.com/id/8058125/
U.S. manufacturing activity slowed in May
U.S. manufacturing activity expanded in May for the 24th consecutive month, but
the rate was slower than it was in April and fell short of analysts�?T
expectations, a private research group said on Wednesday.
http://msnbc.msn.com/id/8059875/
Christian activists go after Ford
The American Family Association has fired another missile in its long war
against companies it thinks are destroying traditional Christian values, this
time targeting Ford Motor Co.
http://msnbc.msn.com/id/8047423/
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