Friday, May 18, 2007

M&A Activity Boosts Markets To Higher Close

Mergers and acquisition activity boosted the markets to a higher close with the Dow soaring 80 points to 13,557. Nasdaq surged 19 points to 2558 while S&P 500 climbed 10 points to 1523. The 30-year bond eased as the yield rose to 4.957%.

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