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Today's Business Headlines - Market Close from MSNBC.com
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S&P 500: 1227.04 -8.16
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Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks end lower amid concern over attack
Stocks closed lower Thursday as unease over the possibility of new terrorist
attacks in London overshadowed Chinaâ?Ts decision to de-link its currency from
the U.S. dollar.
http://msnbc.msn.com/id/3683270/
Microsoft posts increase in profit
Microsoft Corp.â?Ts fourth-quarter profit rose on strong demand for laptops,
personal computers and servers, the software maker said Thursday.
http://msnbc.msn.com/id/8660684/
Google's 2nd-quarter profit quadruples
Google Inc.â?Ts second-quarter profit quadrupled as the online search
leaderâ?Ts outlandish growth continued to exceed the great expectations
underlying its soaring stock.
http://msnbc.msn.com/id/8660612/
China severs currency's link to the U.S. dollar
China scrapped the yuanâ?Ts peg to the U.S. dollar on Thursday and tied it to a
basket of currencies, the nationâ?Ts central bank said, the first steps in
highly anticipated reforms aimed at letting the currency float freely.
http://msnbc.msn.com/id/8654171/
China currency move seen easing trade friction
Chinaâ?Ts decision to reform its foreign exchange regime Thursday, scrapping
its currencyâ?Ts peg to the dollar and revaluing it for the first time in
nearly a decade, is seen easing trade frictions ahead of the landmark visit of
President Hu Jintao to the United States in early September.
http://msnbc.msn.com/id/8657445/
Greenspan calls China decision â?~a good startâ?T
Chinaâ?Ts decision to let its currency rise in value is â?oa good startâ?
toward better aligning the Asian trade giantâ?Ts economy with the rest of the
world, Federal Reserve Chairman Alan Greenspan said on Thursday.
http://msnbc.msn.com/id/8658129/
Oil industry awash in record levels of cash
When major oil companies report their quarterly profits next week, they will
once again post record numbers. But as the industry looks for places to put
that cash, it's getting harder to put it to work finding new deposits of oil
and natural gas.
http://msnbc.msn.com/id/8646744/
Weekly U.S. jobless claims drop sharply
The number of Americans filing new claims for unemployment benefits plunged by
the largest amount in 2½ years last week, reflecting a slowdown in layoffs in
the auto industry.
http://msnbc.msn.com/id/8655846/
Mortgage rates up for 3rd straight week
Average U.S. interest rates on 30- and 15-year mortgages inched upward for a
third straight week but remained at affordable levels to keep housing activity
bustling, mortgage finance company Freddie Mac said on Thursday.
http://msnbc.msn.com/id/7148582/
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