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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11382.51 +28.02
NASDAQ: 2344.95 +11.32
S&P 500: 1309.72 +4.31
AMEX: 1991.72 -8.54
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks upbeat following Bernanke testimony
Stocks advanced Thursday as Wall Street brushed aside concerns about a Chinese
interest rate hike to focus on comments by Federal Reserve Chairman Ben
Bernanke that a pause in U.S. rate increases may be ahead.
http://msnbc.msn.com/id/3683270/
Bernanke says Fed may halt rate hikes
Federal Reserve Chairman Ben Bernanke tells Congress Thursday that while
another interest rate increase may be needed to keep inflation in check, the
central bank may soon relax its credit-tightening campaign.
http://msnbc.msn.com/id/12513204/
Mortgage rates climb to near 4-year high
Average interest rates on U.S. 30-year fixed rate mortgages continued their
steady march upward for a fifth week, reaching their highest level since June
21, 2002, according to a survey released by mortgage finance company Freddie
Mac on Thursday.
http://msnbc.msn.com/id/7148582/
BusinessWeek: Ease pain at the pump
What can you do to ease the pinch? Start by forgetting almost everything you
think you know about saving gasoline.
http://msnbc.msn.com/id/12502313/
Microsoft reports higher quarterly net profit
Microsoft Corp., the worldâ?Ts largest software maker, reported a higher
quarterly net profit Thursday, boosted in part by strong sales of its business
management and its database software.
http://msnbc.msn.com/id/12518270/
High oil prices drive up Exxon Mobilâ?Ts profit
Exxon Mobil Corp., the worldâ?Ts largest oil company, said Thursday that higher
oil prices drove first-quarter profit up 7 percent from the prior year.
http://msnbc.msn.com/id/12512200/
Intel to undergo broad restructuring, CEO says
Intel Corp. will undergo a broad restructuring that will focus on every aspect
of the chip-maker's operations, Chief Executive Paul Otellini told analysts
Thursday.
http://msnbc.msn.com/id/12516970/
Jobless claims rise to a six-week high
The number of Americans filing new claims for unemployment benefits rose to the
highest level since early March, the government reported Thursday.
http://msnbc.msn.com/id/12512729/
Prosecutors aim to undermine Lay testimony
Federal prosecutors aimed on Thursday to undermine Enron Corp. founder Kenneth
Layâ?Ts testimony that short-sellers were partly to blame for Enronâ?Ts
collapse in 2001 by showing that Layâ?Ts own son bet Enronâ?Ts stock would drop.
http://msnbc.msn.com/id/12513156/
China's Hu signs oil deal with Nigeria
Chinese President Hu Jintao says his government will seek closer ties with
Africa after signing a series of major business deals with Nigeria.
http://msnbc.msn.com/id/12517723/
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