Stocks Mixed on Spate of Acquisitions
13th Sep 2005, 04:55 GMT
Wall Street zigzagged through a listless session today, closing mostly higher as a spate of multibillion-dollar acquisitions lifted the technology sector and energy prices extended their declines. The gains were limited by airline woes and worries about interest rates. Today's US$12 billion in merger activity signaled optimism on Wall Street two weeks after Hurricane Katrina's devastation of the Gulf Coast threatened the U.S. economy.
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