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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10374.48 -31.15
NASDAQ: 2068.89 -1.00
S&P 500: 1199.85 -1.72
AMEX: 1540.56 +6.22
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks droop despite upbeat oil report
Nervous investors sent stocks lower Wednesday, as they anxiously awaited the
Federal Reserveâ?Ts decision on interest rates and looked past an increase in
U.S. oil inventories and a solid advance in the gross domestic product.
http://msnbc.msn.com/id/3683270/
Alan Greenspan, wizard or villain?
Remember when Federal Reserve Board Chairman Alan Greenspan held sway over the
American economy â?" and imagination? No more. Greenspan-bashing is now a
popular sport among the Masters of the Universe.
http://msnbc.msn.com/id/8405056/
Fed has few options on housing
As Federal Reserve policy-makers gather for their midyear meeting, it is far
from clear what they can or should do to cool the red-hot housing market. An
MSNBC economic roundtable discussion.
http://msnbc.msn.com/id/8322253/
Economic growth better than expected
The economy logged a solid 3.8 percent growth rate in the first quarter of
2005, a performance that was better than previously thought and a fresh sign
the expansion is on firm footing.
http://msnbc.msn.com/id/8402306/
Ten things you didn't know about eBay
Just shy of its 10th anniversary next September, eBay has exploded into both a
cultural and an economic phenomenon. Some 1.8 billion items, worth more than
$40 billion, are expected to be traded on its global electronic marketplace
this year. A CNBC Special Report hosted by David Faber.
http://msnbc.msn.com/id/8391726/
GM, Ford among top in dependability survey
Almost every automaker made significant strides in vehicle dependability in a
new survey, but GM, Ford and Toyota were among the top performers, J.D. Power
and Associates said Wednesday.
http://msnbc.msn.com/id/8405961/
Chevron's Unocal bid clears SEC hurdle
Oil and gas company Chevron Corp. said Wednesday that its proposed $16.4
billion takeover of rival Unocal Corp. has cleared its final regulatory hurdle,
meaning the offer now hangs on a shareholder vote on Aug. 10.
http://msnbc.msn.com/id/8405579/
Labor Department withheld trade reports
The Labor Department kept secret for more than a year government studies that
supported Democratic opponents of the Bush administrationâ?Ts new Central
American trade deal, internal documents show.
http://msnbc.msn.com/id/8403977/
Wrigley to cut 500 jobs in Kraft deal
Wm. Wrigley Jr. Co. said Wednesday it plans to cut 500 jobs and close some
factories as part of its $1.46 billion acquisition of the Life Savers and
Altoids candy and mint businesses from Kraft Foods Inc.
http://msnbc.msn.com/id/8402500/
Northwest tries another fare increase
Northwest Airlines Corp. said on Wednesday that high fuel prices are prompting
it to try another fare increase.
http://msnbc.msn.com/id/8406407/
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