Wednesday, May 23, 2007

M&A Lift Markets Higher At Midday

Mergers and acquisitions activity lifted the markets higher during the midday with the Dow climbing 52 points to 13,592. Nasdaq gained 8 points to 2596 while S&P 500 rose 6 points to 1530. The 30-year bond eased as the yield edged up to 4.997%.

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