Friday, October 12, 2007

Markets Close Higher Over Acquisition News

Acquisition news along with strong retail sales lifted the markets to a higher close with the Dow climbing 78 points to 14,093. Nasdaq leaped 33 points to 2806 while S&P 500 gained 7 points to 1562. The 30-year bond slipped as the yield rose to 4.905%.

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