US stocks advance

Wall Street rallied again today, with the Dow Jones industrials scoring another record close as investors grew more confident that the Federal Reserve has inflation in hand.

US stocks advance
Wed, 15 Nov, 2006 - 22:08

Wall Street rallied again today, with the Dow Jones industrials scoring another record close as investors grew more confident that the Federal Reserve has inflation in hand.

An $8bn (€6.23bn) bid from US Airways Group Inc. for Delta Air Lnes Inc. added to the market’s momentum.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPlace: WallPerson: Stuart SchweitzerPerson: SchweitzerPerson: Scott FullmanPerson: FullmanOrganisation: Federal ReserveOrganisation: DowOrganisation: US Airways Group Inc.Organisation: Delta Air Lnes Inc.Organisation: FedOrganisation: JP Morgan AssetOrganisation: S&POrganisation: NasdaqOrganisation: New York Mercantile ExchangeOrganisation: DepartmentOrganisation: Hapoalim Securities USAOrganisation: US AirwaysOrganisation: DeltaOrganisation: Embrex Inc.Organisation: Pfizer Inc.Organisation: New York Stock Exchange
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