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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10847.41 +129.91
NASDAQ: 2243.74 +38.42
S&P 500: 1268.80 +20.51
AMEX: 1794.99 +35.91
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks surge as end to Fedâ?Ts rate hikes seen
Signals from the Federal Reserve that its campaign of interest rate hikes is
near an end gave Wall Street a sharp boost Tuesday and drove the Dow Jones
industrial average up 130 points.
http://msnbc.msn.com/id/3683270/
Construction spending hit record in November
Construction spending hit an all-time high in November as government spending
to build schools, highways and sewer systems offset a slight dip in home
building.
http://msnbc.msn.com/id/10693030/
Most Fed members see end to tightening cycle
Federal Reserve policy-makers differed last month on how much higher interest
rates would need to rise to keep the economy and inflation on an even keel, but
most believed the end of the nearly two-year rate-hike campaign probably
wasnâ?Tt far off.
http://msnbc.msn.com/id/10694920/
BASF makes hostile $4.9 billion bid for rival
BASF AG, the world's largest chemical company, said Tuesday it is offering to
buy rival Engelhard Corp. for $4.9 billion cash.
http://msnbc.msn.com/id/10693857/
Southwest resumes flights out of Denver
The blue and red jets of Southwest Airlines lifted off from Denver
International Airport Tuesday, marking the return of the low-fare carrier after
a 20-year absence.
http://msnbc.msn.com/id/10693696/
Russian natural gas flowing through Ukraine
Russian natural gas surged through Ukraine to countries across Europe on
Tuesday, banishing the specter of immediate and prolonged shortages because of
Moscowâ?Ts price dispute with Kiev.
http://msnbc.msn.com/id/10688442/
Oil prices surge as winter chills Northeast
Oil prices jumped by more than $2 a barrel Tuesday, and while some cold rain
and snow fell in parts of the Northeast, traders said speculative buying
appeared to be the rallyâ?Ts main driver.
http://msnbc.msn.com/id/5612507/
China's 2005 growth rate lifted to 9.8 percent
Chinaâ?Ts economy grew by an unexpectedly strong 9.8 percent in 2005, as a new
survey showed that authorities had previously underestimated the economyâ?Ts
size, the official Xinhua News Agency said Tuesday.
http://msnbc.msn.com/id/10690844/
Yellow Roadway to expand in China
Yellow Roadway Corp plans to change its stock symbol and its name to YRC
Worldwide Inc., the Wall Street Journal reported on Tuesday, citing the
trucking companyâ?Ts chief executive.
http://msnbc.msn.com/id/10691914/
ThyssenKrupp matches bid for steel rival
Germanyâ?Ts ThyssenKrupp AG said Tuesday it raised its bid for the Canadian
steelmaker Dofasco Inc. to $4.2 billion, matching the latest competing offer
from steel rival Arcelor SA.
http://msnbc.msn.com/id/10693253/
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