(Reuters) - The Standard & Poor's 500 and the Dow Jones industrial average both slipped, however, as a drop in oil prices hit energy shares and rising bond yields raised concerns that higher borrowing costs would slow the economy and hurt corporate profit growth.
Shares of MGM Mirage surged 27 percent after investor Kirk Kerkorian expressed interest in buying two Las Vegas properties from MGM Mirage Inc. Speculation about more deals in the sector drove up the shares of rivals such as Wynn Resorts Ltd., up 7.4 percent on the Nasdaq.
Read more at Reuters.com Business News
Shares of MGM Mirage surged 27 percent after investor Kirk Kerkorian expressed interest in buying two Las Vegas properties from MGM Mirage Inc. Speculation about more deals in the sector drove up the shares of rivals such as Wynn Resorts Ltd., up 7.4 percent on the Nasdaq.
Read more at Reuters.com Business News
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