Dow Gains at Midday Trading

By: Associated Press

Posted: Mon 12:01 PM, Apr 11, 2011

More corporate deals and hopes for strong earnings are pushing the Dow Jones industrial average in midday trading. The broader market is mixed.

Endo Pharmaceuticals Holdings Inc. and Level 3 Communications Inc. both announced takeovers before the market opened. Later Monday, Alcoa Inc. will become the first Dow 30 company to report results for the first quarter.

Investors still have a long list of worries, including high oil prices and another aftershock that struck Japan one month after the March 11 earthquake and tsunami disaster.

The Dow Jones industrial average rose 54 points, or 0.4 percent, to 12,433 in midday trading.

The Standard & Poor's 500 index rose 3 points, or 0.2 percent, to 1,331. The Nasdaq slipped 1 point to 2,779.

Longtime BISD Employee to Head Up Downtown Bryan Association

We ask that the following Community Standards be followed:

Comments must not be profane or vulgar.

Comments must not use hate speech, racial slurs, or violent descriptions.

We encourage varying views to be shared. We do ask commenters to not personally attack other readers, groups, people featured in our stories, or other posters for disagreeing with their views.

Comments must not contain negative, comparative debates between community standards of cities or towns.

Comments must contribute to the discussion, flaming and/or trolling will not be tolerated.

Comments must be truthful and not intentionally falsified. Providing a source link is encouraged.

If you find that a comment violates the above rules, please use the flagging option located to the right of the comment to notify the moderators.
For a complete list of guidelines, please follow this link:
http://www.kbtx.com/home/misc/Online-Commenting-Policy-181579421.html

Dow Gains at Midday Trading

Money Headlines By CBS