AP – Strong earnings results and another round of corporate deals pushed stocks higher Wednesday. Family Dollar Stores Inc. rose 21 percent after investor Nelson Peltz’s firm offered to pay up to $60 a share to take the discount retailer private. The S&P 500 index doubled from its intraday low reached during the financial crisis.
How the major stock indexes fared Wednesday (AP)
Posted by Yahoo! News: Stock Markets News on February 16th, 2011