(Reuters) - NEW YORK, July 12 - U.S. stocks surged on
Thursday, with the Dow hitting a record on its biggest point
gain since 2002, after healthy retail sales reassured
investors about consumer spending and a $38 billion mining
takeover fed expectations for more deals.
The Standard & Poor's 500 index also closed at a new
record and is now less than 6 points from its lifetime high.
The Nasdaq rose to its highest in about six-and-a-half years.
Read more at Reuters.com Bonds News
Thursday, with the Dow hitting a record on its biggest point
gain since 2002, after healthy retail sales reassured
investors about consumer spending and a $38 billion mining
takeover fed expectations for more deals.
The Standard & Poor's 500 index also closed at a new
record and is now less than 6 points from its lifetime high.
The Nasdaq rose to its highest in about six-and-a-half years.
Read more at Reuters.com Bonds News
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