The Market Story

Stocks Swing Higher

Stock quotes in this article: BAC , MER , FCX , RIMM , CEG , GS , GE  

On the merger front, Electricite de France said it was planning to issue a bid of $4.5 billion for U.S. power company Constellation Energy (CEG Quote).

Shifting to commodities, crude oil was losing 21 cents to $46.75 a barrel. Gold was falling $12.40 to $770.90 an ounce.

Longer-dated U.S. Treasury securities were falling in price. The 10-year note was down 2/32 to yield 2.68%, and the 30-year was losing 8/32 to yield 3.19%. The dollar was rising vs. the euro and pound but falling against the yen.

European exchanges, such as the FTSE in London and the DAX in Frankfurt, were gaining ground. Asian markets, including Japan's Nikkei and Hong Kong's Hang Seng, finished on the upside.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,270.47 1,093.48 2,167.88 34.29
Oil *
75.55
UP
73.00
UP
6.24
UP
18.86
DOWN
0.17
10 Yr
3.43%
SPDR Gold
109.74
+0.72%
+0.57%
+0.88%
-0.49%
Data delayed 20 minutes

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