Takeovers and consumer confidence boost Wall St

Stocks surged higher today as another round of corporate takeovers prodded investors to continue a largely uninterrupted months-long buying streak.

Takeovers and consumer confidence boost Wall St
Fri, 18 May, 2007 - 22:37

Stocks surged higher today as another round of corporate takeovers prodded investors to continue a largely uninterrupted months-long buying streak.

The Dow Jones industrial average registered its 24th record close this year and the Standard & Poor’s 500 index came within striking distance of its record high.

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