Thursday, July 12, 2007

Stocks set to edge up, M&A in spotlight

(Reuters) - The Indicative Dow Jones industrial average , which tracks the 30 blue chips as they are traded on the Deutsche Boerse's electronic trading platform, XETRA, and translates the prices into dollars, was 0.28 percent higher.




"Takeover action will be a trigger for U.S. shares today," said Heinz-Gerd Sonnenschein, strategist at Germany's Postbank, pointing to Rio Tinto Ltd./Plc.'s $38.1 billion bid for Canadian aluminum company Alcan Inc. .


Read more at Reuters.com Bonds News

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