Thursday, May 31, 2007

US stock indexes up on M&A in financial sector

(Reuters) - U.S. stocks opened higher on Thursday after news of banking company Wachovia Corp.'s proposed buyout of brokerage A.G. Edwards Inc., a sign the takeover trend was still going strong.

The Dow Jones industrial average was up 9.67 points, or 0.07 percent, at 13,642.75. The Standard & Poor's 500 Index


Read more at Reuters Africa

No comments: