RealMoney's Best of Blogs
It was a week dominated by M&A talk, primarily that of News Corp's (NWS Quote) bid for Dow Jones (DJ Quote) and then on Friday, Microsoft(MSFT Quote) and Yahoo!(YHOO Quote). Reuters(RTRSY Quote) was also approached about a buyout, but didn't name the suitor (although there were reports that it is Thomson(TOC Quote)).
With these deals and rumors of deals as the backdrop, the Dow managed to set an all-time intraday high on Friday of 13,283.31 and finish with a record close for the seventh time in eight days. For the week, the Dow gained 1.1% to finish at 13,264.62. The S&P 500 added 0.8% on the week, closing at 1505.62, and the Nasdaq tacked on 0.6%, closing at 2572.15.
Once again, RealMoney's bloggers were all over the market action, and we'd like to share the best of their commentary this week with readers of the TheStreet.com. These posts best capture the intent of these blogs, which is to provide intelligent discussion on the issues each writer sees as most pressing that day.
Let's take a look at Rev Shark on the difficulties of this market, Cody Willard on earnings-season themes, Steve Smith on Dow Jones and News Corp and Tony Crescenzi on the negatives in payrolls. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.50 | 1,106.41 | 2,190.31 | 35.40 |
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