Wall Street rises on merger activity boosting market
Stocks advance as Bank of America and FleetBoston plan a $47 billion merger and Anthem to acquire WellPoint, signaling renewed confidence in the business climate. The Dow gains 25.70, the Nasdaq up 17.32, and the S&P 500 adds 2.22 amid cautious optimism.
MENTIONED IN THIS ARTICLE
Dow Jones
At&t Rs
BakrHu
Ti BankOne
Mo Low Bk of Am
Dow Industrials
Barrick
Dow Transportation
BellSouth
Dow Utilities
BestBuy
Wilshire
Carnival
Celestic G
Nyse Amex
Nasdaq ChiYuc
CocaCi
L_GAINERS
Alves ColgPal
Comerica
Fame
Avistar
Disney
DowChm
AirTran
NetServis
DukeEgg
VidAllan
Etrade
NamTais
BkotAm
AccessPh
ExxonMb
Mrs
Taxis
FanniMae
CCA India
FirstData
Rhodia
VisiCat Rs
NedStat
ASB
Wis
Wutive GenElec
PieetBost
SPDR
Microsofts
ADC Tel
iShJapan
SBC Com
SP Friel
SunMicro
Djiadiam
Honcilinti
Lehmer
Lily
Lowes Cos
Lucent
Ngg
Hewlett
Masco
We NY
Mattel
Rape
Aramark NY
Intel
Johnnn
McKesson
Medinic
ChevinTex NY
LowesCos NY
GitzComm NY
Marathon NY
Peer MelionFne
Qocac NY
Pfizer NY
Mylans
QuPont NY
Praxair
DukeEgg NY
RexStrs
Esh Nash
Ussteel NY
GenElec NY
VerizonCm NY
NokiaCp
GnMott NY
WalMart NY
NoneiNw
OxfordHit
PNC
Pene PepsiCo
Pfizer
Sitieteneieral Australia
RyiCarb
Il Sbc Com
Switzerand
U.S
Schwab
Es SciAtlanta
Fide Invest
Icaa P LC
Sovrgn Rep
Wsha P lV
PIMCO
TECO
Fidelity Invest
Incoa P SP
TXU Corp
Instidx Il
NL efAp KV
Cox
Wellin Invest
LowPr
Omcos
GroCo el
Equnc
Invest
BlueChGr LC
Ultra LG
Puritn
US Banerp
Capibap MP
MT Wachovia
NAV WalMart
Lipper, Inc
Wamutl
aIns
WellsFrgo
Wes
WiseCos
WinDix
Wyeth
New York
Bank of America Corp
FleetBoston Financial Corp
Anthem Inc
WellPoint Health Networks Inc
John C. Forelli
Independence Investment LLC
Boston
Forelli
America
Standard & Poor
Wall Street
New home sales dip but third-best month on record
New home sales slid 0.2 percent in September to a 1.145 million annual pace, yet remained the third highest on record after a June peak of 1.200 million and an August 1.147 million reading. Existing home sales rose 3.6 percent to 6.69 million, the third straight monthly record pace.
MENTIONED IN THIS ARTICLE
Ashington
Commerce Department
Newhome
National Association of Realtors
Analysts say job growth could shape Bush future
Analysts warn the economy sits at a critical fork with 9 million unemployed influencing Bush re election. Some economists forecast a 2.4 million job gain next year while others expect a weak job market. The debate centers on whether firms will hire as unemployment nears 6.1 percent and poverty and health insurance trends worsen.
MENTIONED IN THIS ARTICLE
Ashington
Bush
U.S
White House
J. Alfred Broaddus
Federal Reserve Bank of Richmond
Treasury
John Snow
Congressional Budget Office
John Makin
American Enterprise Institute
Washington
Census Bureau
Also Mentioned on This Page
Dany Dow Jones
Matt Kelman
Kelmoore Strategy Funds
Bank of America
FleetBoston
New York Stock Exchange
Nyse.com
Department of Commerce _ AP