(Reuters) - The S&P 500 closed at a record on Thursday as plans for a $6.8 billion takeover in the financial sector and data pointing to strength in industrial activity underpinned demand for equities.
Wachovia Corp.'s proposed buyout of A.G. Edwards Inc. sent shares of brokerages higher, while strong Midwest manufacturing data boosted shares of industrials, including United Technologies Corp. and DuPont.
Read more at Reuters Africa
Wachovia Corp.'s proposed buyout of A.G. Edwards Inc. sent shares of brokerages higher, while strong Midwest manufacturing data boosted shares of industrials, including United Technologies Corp. and DuPont.
Read more at Reuters Africa
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