Originally published June 22, 2014 at 6:20 PM | Page modified June 22, 2014 at 11:38 PM
NEW YORK — The U.S. stock market is back to setting records.After treading water for most of March and April, stocks are nudging deeper into record territory and are closing in on milestones with lots of zeros attached to them. The Dow Jones […]
Merger and acquisition activities and a rally in small-cap stocks propelled benchmarks to record highs on Monday. New deals between Analog Devices and Hittite, Hillshire Brands and Tyson Foods, and Merck and Idenix lifted investor sentiment. Meanwhile, news that Carl Icahn has a 9.4% stake in Family Dollar was also a catalyst. The S&P 500 ended at another high; the […]
Merger and acquisition activity in the food industry and better-than-expected initial claims helped benchmarks close in the green on Thursday. Investors chose to focus on the positives rather than on GDP data that showed the economy contracted in the first quarter. Thursday’s gains helped the S&P 500 hit an intraday high and close on a record high for the […]
The Dow and the S&P 500 closed at record highs on Monday primarily boosted by gains in Internet and bio-tech stocks. Merger and acquisition activity in the food industry too boosted investor sentiment. The day’s economic report was limited to Treasury budget, which reported a surplus of $107.0 billion.For a look at the issues currently facing the markets, make sure […]
