U.S. stocks rise, Dow hits 13,000 on data, earnings

11:40 am ET Apr 25, 2007

DJIA

13,001

+47.86

S&P

1,486

+5.92

NASDAQ

2,531

+7.19

10Yr

4.64%

+0.018

U.S. stocks rise, Dow hits 13,000 on data, earnings

NEW YORK
U.S stocks rose on Wednesday, briefly sending the Dow Jones Industrial
Average above the key 13,000 level for the first time, as news of
better-than-expected orders for durable goods in March and surging
profits at Amazon.com boosted sentiment.

RBS-led group proposes $100 billion bid for ABN Amro

LONDON
A consortium led by the Royal Bank of Scotland on Wednesday said it may
bid around $100 billion for ABN Amro -- but only if the sale of ABN's
Chicago-based unit, LaSalle, can be halted.

Amazon shares rally on strong first-quarter results

SAN FRANCISCO
Amazon.com shares surged early on Wednesday, a day after the world's
largest Internet retailer reported first-quarter profit more than
doubled as sales jumped 32%.

Economic Report: New-home sales inch higher in March

WASHINGTON
Boosted by warmer weather in the Northeast and Midwest, sales of new
homes increased by 2.6% in March to a seasonally adjusted annual rate of
858,000, the Commerce Department reported Wednesday.