Tuesday, May 29, 2007

U.S. stocks rise on flurry of deals, data

11:41 am ET May 29, 2007

DJIA

13,535

+28.44

S&P

1,520

+4.92

NASDAQ

2,575

+18.23

10Yr

4.88%

+0.019


U.S. stocks rise on flurry of deals, data

NEW YORK
U.S. stocks were higher Tuesday, as investors returned from a three-day
weekend to find more deal news, including a $95.5 billion bid for Dutch
bank ABN Amro, and also cheered upbeat consumer confidence numbers.

Economic Report: U.S. home prices fall for first time since 1991

WASHINGTON
U.S. home prices fell 1.4% in the first quarter compared with a year
earlier, the first year-over-year decline in national home prices since
1991, according to the S&P/Case-Shiller index released Tuesday.

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