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Updated from 4:10 p.m. EDT
Stocks in the U.S. booked substantial gains Monday as traders welcomed a downturn in oil prices and several pieces of good news out of the tech sector, including a potential merger involving Hewlett-Packard (HPQ Quote).
The Dow Jones Industrial Average advanced 130.43 points, or 1.02%, to 12,876.31, and the S&P 500 swelled by 15.3 points, or 1.1%, at 1403.58. The Nasdaq Composite was the best-performing index, spiking 42.97 points, or 1.76%, to 2488.49.
One boon for tech shares came late in the day amid word that Hewlett-Packard is in advanced talks to buy Electronic Data Systems (EDS Quote). The Wall Street Journal said the deal could be worth $12 billion to $13 billion. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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