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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11500.73 -141.92
NASDAQ: 2272.70 -48.04
S&P 500: 1305.92 -16.93
AMEX: 2012.84 -28.80
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Inflation worries, oil surge slam stocks
Stocks plunged Thursday as surging oil and commodities prices fueled
investorsâ?T uncertainty about inflation and higher interest rates, sending the
Dow Jones industrial average falling 130 points.
http://msnbc.msn.com/id/3683270/
Supply concerns drive oil back above $73
Crude oil futures jumped above $73 a barrel Thursday on intensified supply
worries, after police said gunmen in Nigeria kidnapped at least two foreign oil
workers from a bus in a second day of attacks targeting such workers.
http://msnbc.msn.com/id/12400801/
Refiners testify they are not fixing fuel costs
U.S. oil refiners are not conspiring to keep gasoline prices high and are not
overcharging consumers for motor fuel, the industryâ?Ts trade group told
Congress on Thursday.
http://msnbc.msn.com/id/12739767/
Honoring Mom is big business
Celebrating Mother's Day is very good for business. From garden centers to
spas, and at every restaurant in between, mothers will be receiving their due
this Sunday along with most merchants.
http://msnbc.msn.com/id/12719700/
April retail sales helped by a late Easter
Consumers, spurred by a late Easter and warmer than usual weather, pushed
retail sales up by a solid amount in April although soaring gasoline prices
kept the increase below expectations.
http://msnbc.msn.com/id/12737750/
Gold climbs to new 25-year highs
The price of gold rose to a fresh 25-year high Wednesday as investors sought a
safe haven amid a weakening U.S. dollar and worries over the Westâ?Ts
confrontation with Iran.
http://msnbc.msn.com/id/12704100/
Mortgage rates barely drop
Rates on 30-year mortgages edged down this week, the first decline after six
straight increases, according to a nationwide survey.
http://msnbc.msn.com/id/7148582/
As oil prices rise, firms struggle with costs
In many U.S. corporate boardrooms, strategists are taking another look at their
assumptions about oil prices and trying to figure out how they will affect
business.
http://msnbc.msn.com/id/12737463/
Puerto Rico shutdown buoys jobless claims
New claims for U.S. jobless aid fell by 1,000 last week, but were higher than
expected due to a partial government shutdown in Puerto Rico that added about
20,000 claims, the Labor Department reported on Thursday.
http://msnbc.msn.com/id/12737747/
More Americans need to save more for retirement
As Americans paid more to drive in the last six months, three out of four said
higher living costs prevented them from saving more for retirement, according
to a new study released Thursday.
http://msnbc.msn.com/id/12740954/
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