Saturday, October 25th6.2°C
23711
23129

US stock market opens mixed on Wall Street; Family Dollar and Trulia jump on merger news

NEW YORK, N.Y. - The stock market is opening mixed at the start of a busy week as a batch of merger announcements lift shares in Family Dollar and other companies.

The Dow Jones industrial average rose six points to 16,964 shortly after the market opened Monday. The Standard & Poor's 500 index eased three points to 1,976. The Nasdaq composite gained two points to 4,451.

Family Dollar soared 23 per cent after Dollar Tree announced plans to buy the rival discount store. Meanwhile, Trulia jumped 11 per cent after the real-estate listing service Zillow said it plans to buy it for $3.5 billion.

With one of trading week left in July, the stock market was on track for another month of solid gains.

The Canadian Press


Read more Business News

23825


Recent Trending




Today's Market
S&P TSX14543.82+56.99
S&P CDNX805.45-3.15
DJIA16805.41127.51
Nasdaq4483.715+30.923
S&P 5001964.58+13.76
CDN Dollar0.8901-0.0003
Gold1231.20+2.10
Oil81.02-0.73
Lumber336.40+6.80
Natural Gas3.631+0.009

 
Okanagan Companies
Pacific Safety0.105-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07+0.015
Anavex Life Sciences0.194-0.004
Metalex Ventures0.045+0.005
Russel Metals33.39+0.23
Copper Mountain Mining2.03-0.05
Colorado Resources0.145+0.005
ReliaBrand Inc0.012-0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.445+0.035

 





FEATURED Property
2115945 342 Woodwind Court
$664,000
more details
image2image2
Click here to feature your property
Please wait... loading


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...


We can get on together

I was in LA this week. I witnessed such crazy and unusual circumstances as I strolled along Hollywood Blvd and Sunset Blvd. A far cry from sleepy Peachland in the Okanagan! The strange thing was, I f...


Weakening global growth worries

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the ...

_








Member of BC Press Council


22707