Takeover news draws Dow closer,but not over magic 10,000 mark
Stocks rose Monday after an optimistic earnings forecast from UAL Corp. propelled the Dow Jones industrial average within 42 points of 10,000. “The mergers are getting bigger,” said Gil Knight, a money manager who helps oversee $11 billion in assets at Allied Investment Advisors in Baltimore. “It’s a sign of a buoyant market.” The Dow … Continue reading
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