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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10290.78 -7.06
NASDAQ: 2045.20 -8.07
S&P 500: 1190.69 -0.88
AMEX: 1535.31 +3.79
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks struggle as oil hits a new high
Wall Street closed Mondayâ?Ts seesaw session slightly lower as investors,
depressed by last weekâ?Ts steep sell-off, kept a watchful eye on crude oil,
which closed at a new record high above $60 a barrel.
http://msnbc.msn.com/id/3683270/
Bubble or no, housing could spell trouble
When Fed Chairman Alan Greenspan and his central banker colleagues hold their
two-day midyear meeting on monetary policy this week, Americaâ?Ts booming
housing market will be very much on their minds.
http://msnbc.msn.com/id/8322080/
Gas prices rise nearly 8 cents a gallon
The average retail price of a gallon of gasoline in the United States rose
nearly 8 cents in the last two weeks amid surging demand, and the record price
for the most popular grade of gas may soon be surpassed, a leading oil industry
analyst said on Sunday.
http://msnbc.msn.com/id/8367429/
Oil prices close at all-time high
Oil prices vaulted over the $60 mark Monday to trade at record highs amid
concerns that supplies would not meet demand, especially in the United States,
the worldâ?Ts largest energy consumer.
http://msnbc.msn.com/id/5612507/
Cable firms win Internet access case
The Supreme Court ruled on Monday that cable companies may keep rival Internet
providers from using their lines, a decision that will limit competition and
consumersâ?T choices.
http://msnbc.msn.com/id/8376091/
What happens if oil output 'peaks'?
With oil prices breaking $60 a barrel, our story last week on a new book
questioning OPECâ?Ts ability to keep the world supplied with crude drew a heavy
response from Answer Desk readers. Many, like Ray in Los Angeles, fear that
coming oil shortages could bring â?othe end of life as we know it.â? We agree.
But that doesnâ?Tt have to be a bad thing.
http://msnbc.msn.com/id/3403854/
Allstate to pay $34M to settle overcharge case
Allstate Insurance Co. Monday said it will offer about $30 million in credits
and pay a $4 million fine to settle allegations that it overcharged on about
250,000 auto and homeowner policies in California.
http://msnbc.msn.com/id/8377727/
Sears dealers sue over Kmart deal
In a suit that pits Mom and Pop store operators against retail behemoth Sears,
a group of Sears store owners sued the chain Monday, claiming its acquisition
by Kmart created unfair competition because its products are now available at
Kmart and other stores.
http://msnbc.msn.com/id/8377716/
Morgan Stanley, Mack discuss top job
Shares of Morgan Stanley rose 1.7 percent before the bell on Monday after a
source familiar with the matter said the investment bank was in talks with John
Mack about his returning to the company as chief executive.
http://msnbc.msn.com/id/8374811/
Burger King opens first outlet in China
Burger King opened its first Chinese outlet in Shanghai on Monday, hoping to
take a bite out of rival McDonald's profits in the booming Chinese fast-food
market.
http://msnbc.msn.com/id/8375389/
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