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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11278.77 +10.00
NASDAQ: 2370.88 +14.74
S&P 500: 1309.93 +2.28
AMEX: 2011.13 +24.66
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks extend prior sessionâ?Ts big gains
Stocks finished Wednesdayâ?Ts seesaw session modestly higher, as strong
earnings countered an upswing in consumer prices that muted investorsâ?T glee
over an impending end to interest rate hikes.
http://msnbc.msn.com/id/3683270/
U.S. consumer prices jump
Consumer prices shot up by a bigger-than-expected amount in March, reflecting
higher costs for gasoline, clothing and hotel rooms.
http://msnbc.msn.com/id/12386633/
Oil prices rally again, hit $72 a barrel
Oil prices closed above $72 a barrel on Wednesday, the third straight
record-setting day, as the market digested a U.S. government report that showed
shrinking gasoline supplies and weakening demand for motor fuel.
http://msnbc.msn.com/id/5612507/
Ethanol demand brings big profit for producers
Only a handful of investors knew about The Andersons Inc. and its grain storage
and rail car businesses a few months ago. Even in its hometown, the company is
better known for stores that feature a wide range of microbrews, fresh breads
and garden supplies. But the company's recent entry into the burgeoning ethanol
industry has sent its stock soaring.
http://msnbc.msn.com/id/12389126/
Skilling denies hiding losses
Former Chief Executive Jeffrey Skilling disputed allegations Wednesday that he
approved moving part of an Enron Corp. division into a more profitable one to
hide $200 million in losses.
http://msnbc.msn.com/id/12390083/
Boomer inheritance may not meet expectations
Some $200 billion a year in American wealth is being passed down from one
generation to the next. But experts say baby boomers who are counting on their
parents' money to fund their own retirements may be in for a nasty surprise.Â
â?" By CNBC's Diana Olick
http://msnbc.msn.com/id/12288549/
IRS gives 400 late taxpayers a break
About 400 taxpayers who mailed their returns late because of incorrect
information in a newspaper will not be penalized by the federal government, an
Internal Revenue Service spokesman said.
http://msnbc.msn.com/id/12390966/
American Airlines hikes domestic fares
American Airlines raised round-trip domestic air fares by $10 in a bid to
partially compensate for higher fuel costs, a spokesman said Wednesday.
http://msnbc.msn.com/id/12390596/
Home loan demand down
Mortgage applications fell for a second consecutive week, led by a decline in
demand for home purchase loans, as interest rates reached new multiyear highs,
an industry trade group said on Wednesday.
http://msnbc.msn.com/id/12384394/
Experts expect global economy to pick up speed
The global economy, which has coped amazingly well with fallout from natural
disasters and lofty energy prices, is expected to pick up a little more speed
in 2006 and log another year of brisk growth.
http://msnbc.msn.com/id/12386957/
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