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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11342.89 +64.12
NASDAQ: 2362.55 -8.33
S&P 500: 1311.46 +1.53
AMEX: 1995.59 -15.54
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Upbeat earnings lift Dow to six-year high
Stock indexes finished Thursday mixed, but the closely-followed Dow Jones
industrial average rallied to a six-year high after earnings reports from
General Motors Corp. and Merck Co. Inc.
http://msnbc.msn.com/id/3683270/
Crude oil briefly hits new record high
Oil prices briefly rose to a record high above $72 a barrel Thursday, then
declined as traders locked in profits from recent rallies and Royal Dutch Shell
said an oil platform damaged by Hurricane Katrina would resume producing
140,000 barrels of crude by the end of June.
http://msnbc.msn.com/id/12400801/
High oil prices could be here to stay
With the global economy demanding more oil every day to fuel rapid growth, and
oil producers struggling to expand supplies, the upward pressure on prices
shows no signs of letting up. By MSNBC.com's John W. Schoen.
http://msnbc.msn.com/id/12408007/
Rising mortgage rates crimp housing market
Rates on 30-year mortgages marched up this week to their highest point in
nearly four years, a factor that is taking some oomph out of the housing market.
http://msnbc.msn.com/id/7148582/
Fed chief calls for better data collection
Federal Reserve Chairman Ben Bernanke calls for more and better information to
be gathered on communities that have fallen on economic hard times.
http://msnbc.msn.com/id/12409535/
Google's first-quarter profit soars past forecasts
Google Inc.â?Ts first-quarter profit rose 60 percent, soaring past analyst
estimates as the companyâ?Ts Internet-leading search engine solidified its
position as the Webâ?Ts most popular advertising vehicle.
http://msnbc.msn.com/id/12408277/
Major airlines can't count on customer loyalty
Brand loyalty, once a key factor in all major U.S. airlinesâ?T strategies, has
become less of a priority as carriers believe that price is what more and more
customers care about.
http://msnbc.msn.com/id/12408200/
GM reports a sixth straight quarterly loss
General Motors Corp. reported a first-quarter loss of $323 million Thursday,
the sixth straight quarterly loss for the worldâ?Ts largest automaker which is
in the midst of an overhaul that includes hefty job cuts within its critical
North American operations.
http://msnbc.msn.com/id/12402362/
Study: Driving drowsiness big safety problem
Drowsiness behind the wheel is a more significant safety problem on U.S. roads
than previously thought, although cell phone use is the most common distraction
for drivers, new research showed on Thursday.
http://msnbc.msn.com/id/12405053/
Online ad revenues set new record in 2005
Online advertising set a new record of $12.5 billion last year, a 30 percent
increase from the previous high of $9.63 billion in 2004, the Interactive
Advertising Bureau said.
http://msnbc.msn.com/id/12408227/
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