Bargain-hunting, Iraq deal push up US shares
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NEW YORK : US share prices surged on Wednesday as bargain hunting and news of a peace deal in the Iraqi city of Najaf overcame all-time high oil prices and weak demand for the Google share float.
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US stocks were higher at midmorning on Thursday, as a slew of deals fuelled the market&#39;s momentum, a day after the S&amp;P 500 had risen to a record close.
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U.S. stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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NEW YORK - Stocks edged higher Wednesday as bargain hunters shrugged off rising oil prices, but Google Inc.'s decision to slash its estimated initial public offering price sapped some enthusiasm from the market.    In morning trading, the Dow Jones industrial average gained 9.73, or 0.1 percent, to 9,982.56, reversing an earlier slide...
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U.S. stocks were steady to slightly higher on Wednesday as Home Depot Inc.'s  plans for a $22.5 billion share repurchase rekindled optimism about valuations and tempered concerns about higher interest rates.
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European shares rose to within a whisker  of fresh 2-1/2 year highs Monday amid relief that the Iraq  elections passed without a major hitch, which also helped to  push crude oil prices sharply lower.
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US stocks rose as Kmart Holding Corp.&#39;s $11 billion offer for Sears, Roebuck &amp; Co. lifted retailers and Hewlett-Packard Co.
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European shares rose to within a whisker of fresh 2-1/2 year highs Monday amid relief that the Iraq elections passed without a major hitch, which also helped to push crude oil prices sharply lower.
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Shares of DaimlerChrysler climbed yesterday after media reports that General Motors was in talks to buy the German firm's Chrysler division.
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U.S. stocks extended gains on Wednesday, with the S&P 500 and Nasdaq both up more than 1 percent, as investors hunted for bargains among large cap technology shares.
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Shares rallied on speculation that global demand for commodities and higher raw-material prices may fuel more takeovers.
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Shares of US Airways Group Inc. rose more than 9% Thursday morning after the airline&#39;s pilots union said it may agree on a plan to cut wages and benefits.
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Shares on Wall Street are expected to  open higher on Tuesday, taking a cue from a strong performance  in European and Asian markets, while bid talk takes the top  slot in a thin day for company events.
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Reports of strong holiday retail sales looked to propel US stocks to big gains at the start of trading Monday.
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Investors will watch for oil news from Russia and Iraq next week, but skepticism that crude prices can stay sky-high is growing and a break in the energy market would fuel a rally in U.S. stock markets.
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European stock markets pushed upwards in early deals as company news provided a fillip in otherwise cautious trading ahead of a US interest rate decision.
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NEW YORK - A drop in oil prices and upbeat outlooks from Wal-Mart and Lowe's prompted new bargain-hunting on Wall Street Monday, sending stocks sharply higher. The Dow Jones industrial average was up more than 110 points...