Consolidation in the airline sector couldn't help the Transports either. Shares of Continental Airlines(CAL Quote) surged 4.4% on news that it continued its talks with United Airlines(UAUA Quote), whose shares gained 4.7%.
Shares of AirTran(AAI Quote) jumped 4% on news it made a takeover bid for Midwest Air(MEH Quote), whose shares climbed 22.3%. So the bond market finished its terrible, horrible, no good, very bad day capitulating a bit to Goldilocks. But in this data-dependent world, that old fable might be stale again by tomorrow -- or certainly by Friday, which brings the always-crucial consumer price index report.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,432.20 | 1,110.05 | 2,199.95 | 34.70 |
Oil *
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UP
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UP
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5.60
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