Stocks rebound as Dow climbs on mixed economic signals
The Dow Jones rose about 7.93 points to 1239.23 in early trading after a weeklong decline as tech and dividend stocks gained. Analysts call the move technical, awaiting third-quarter earnings. gold slid below 400 an ounce amid softer inflation fears and rising construction and factory activity signals.
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CNN and SNC discuss acquisition to settle suit
Turner Broadcasting negotiates to take over Satellite News Channels to resolve unfair competition lawsuits and countersuits. SNC confirms talks while CNN Headline News eyes assets transfer as Turner says settlement hopes hinge on fundamental differences. Trading in TBS stock resumes after prior suspension amid takeover rumors.
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