Tag: mobile computing market
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Stocks Rose for Third Day on Deal News
Stocks closed higher for the third straight day on Monday after a $12.5 billion merger offer from Google Inc. helped lure investors back into a market. The Dow Jones Industrial Average gained 213.88 points, or 1.90%, to 11,482.9. The S&P 500 gained 25.68 points, or 2.18%, to 1,204.49. The Nasdaq Composite added 47.22 points, or…
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Stocks Opened Higher on Acquisition News
Stocks opened higher on Monday, feeding on acquisition news and brushing off weak manufacturing data. The Dow Jones Industrial Average lately gained 146.75 points to 11,415.77. The Standard & Poor’s 500 Index advanced 15.67 points to 1,194.48. The Nasdaq Composite Index added 32.16 points to 2,540.14. Google Inc. agreed to acquire Motorola Mobility Holdings Inc.…