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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10463.05 +65.76
NASDAQ: 2137.65 +16.88
S&P 500: 1212.28 +7.18
AMEX: 1620.45 +3.09
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rally despite record oil prices
Wall Street rallied Monday after Hurricane Katrina weakened, easing concerns
about refinery outages along the Gulf of Mexico and pulling oil prices back
from record highs.
http://msnbc.msn.com/id/3683270/
Katrina disrupts energy output
Hurricane Katrina disrupted Gulf Coast petroleum output and rattled energy
markets on Monday, sending oil prices soaring and setting the stage for a spike
in retail gasoline prices.
http://msnbc.msn.com/id/5612507/
Bush weighs tapping strategic oil reserve
President Bush weighed a decision on whether to release some oil from the
nationâ?Ts petroleum reserves to help refiners hurt by Hurricane Katrina,
administration officials said Monday. A decision was expected later in the day.
http://msnbc.msn.com/id/9117057/
Katrina seen hurting leisure industry
Airlines, hotels and casinos were set to take the biggest economic hit from
Hurricane Katrina as it roared along the Gulf of Mexico Monday, analysts said.
http://msnbc.msn.com/id/9118369/
Katrina may cost insurers $16 billion
The property and casualty insurance industry, hit hard last year when four
separate hurricanes slammed into Florida, now faces as much as $16 billion in
claims from Hurricane Katrinaâ?Ts foray into Louisiana and neighboring Gulf
Coast states.
http://msnbc.msn.com/id/9114813/
Oil firms fear offshore damage
Oil companies said Monday they were worried that powerful Hurricane Katrina may
have caused damage to offshore oil platforms and undersea pipelines in the Gulf
of Mexico.
http://msnbc.msn.com/id/9116281/
OPEC president to propose oil output hike
The president of OPEC said Monday he will propose that the group of oil
producing states increase its production by 500,000 barrels a day next month.
http://msnbc.msn.com/id/9116380/
Gas prices hit record, could go even higher
Retail gas prices hit yet another record high over the past two weeks and could
go even higher before the traditional post-Labor Day driving decline ends
demands pressure, according to a nationwide survey.
http://msnbc.msn.com/id/8533441/
Most expensive states to insure your home
Even as Florida, Texas and South Carolina have confronted huge storms, for
years the only hurricanes that people in New Orleans really had to contend with
were the lethal cocktails served at Pat O'Brien's famous bar on Bourbon Street.
Katrina has changed all of that.
http://msnbc.msn.com/id/9117805/
Amazon quietly cashes in on sex toy market
Amazon, the online retailer with an increasingly broad range of products, has
this summer been quietly pushing the limits on how far it is prepared to go.
http://msnbc.msn.com/id/9119263/
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