US stocks soar amid GM interest

US stocks closed higher today as investors were emboldened by decent earnings, a handful of mergers and billionaire investor Kirk Kerkorian’s bid to substantially add to his stake in General Motors.

US stocks soar amid GM interest
Wed, 04 May, 2005 - 23:38

US stocks closed higher today as investors were emboldened by decent earnings, a handful of mergers and billionaire investor Kirk Kerkorian’s bid to substantially add to his stake in General Motors.

The Dow Jones industrials soared more than 125 points.

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CourtsBusinessHeathrowPlace: USPerson: Kirk KerkorianPerson: KerkorianOrganisation: General MotorsOrganisation: DowOrganisation: Wall StreetOrganisation: GMOrganisation: Standard & PoorOrganisation: NasdaqOrganisation: US government
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