Saturday brings another chance of scattered showers and thunderstorms to the Brazos Valley. During the afternoon hours, scattered areas of rain and storms could develop in the daytime heat (30%). A line of rain and thunderstorms will be possible between sunset and midnight -- moving in from the north & west. If these storms can reach the area, they could pose a localized flooding & damaging wind threat.
NEW YORK The Standard & Poor's 500 index has fallen short of an all-time closing high, but still ended higher following another batch of corporate merger news.
RF Micro Devices jumped 21 percent after the chipmaker said it was combining with TriQuint Semiconductor. TriQuint soared 26 percent.
The S&P 500 index rose 11 points, or 0.6 percent, to close at 1,847.61, barely missing its record high close of 1,848.38 reached on Jan. 15. The index had slumped since then as investors grew worried about slowing growth in the U.S. and China.
The Dow Jones industrial average rose 103 points, or 0.6 percent, to 16,207.14 and the Nasdaq rose 29 points, or 0.7 percent, to 4,292.97.
Jos. A. Bank rose 9 percent after Men's Wearhouse increased its offer for the clothing retailer.
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