Sunday, October 4th8.3°C

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

Recent Trending

Today's Market
S&P TSX13339.74+97.85
S&P CDNX525.56-0.33
S&P 5001951.36+27.54
CDN Dollar0.7617+0.0015
Natural Gas2.467+0.034

Okanagan Companies
Pacific Safety0.215+0.000
QHR Technologies Inc1.19+0.01
Metalex Ventures0.06+0.00
Russel Metals21.48-0.07
Copper Mountain Mining0.42+0.03
Colorado Resources0.08+0.01
ReliaBrand Inc0.004-0.000
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.095+0.005
Decisive Dividend Corp3.49+0.45
Diamcor Mining0.90+0.02


23605433000 20th street NE
more details
Click here to feature your property
Please wait... loading

Living beyond 100

Photo: ContributedThere was a time most careers involved an apprenticeship of one sort another. Some official, others involving years of servitude, and others time simply spent watching and emulating ...

Collateral mortgage

Photo: Thinkstock.comMost of the time I recommend that my clients not take a collateral type mortgage product, as it locks you in with the current lender and at maturity the mortgage is costly to tran...

5 Claim misconceptions

Photo: Thinkstock.comIf you have been hurt in an accident or as a result of medical negligence you will likely look to your friends and family for some advice on how to deal with the situation. These ...




Member of BC Press Council