Insurance stocks help US stocks recover

Article Abstract:

The Dow Jones industrial average gained 138.49 or 1.42 percent, to close at 9,888.48 whereas the Nasdaq composite index added 14.75 or 0.77 percent to 1,928.79 with a rise in insurance stocks. The insurance sector got a boost after the company Marsh &McLennan replaced its CEO in the face of a probe and announced a number of changes in hopes of appeasing New York Attorney General Eliot Spitzer.

INSURANCE CARRIERS, Insurance industry, Stock markets, Stock market

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Mergers, IPOs may be more warning than welcome sign

Article Abstract:

Mergers and initial-public-offering activity is on rise as a result of resurgence of stock prices, low interest rates and the turnaround in corporate companies. With mergers and initial-public-offering activity increasing the market is expected to decline in the future.

Venture Analysis, Acquisitions and mergers, Business enterprises, Going public (Securities), Initial public offerings, Company public offering

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Negative view pressures tech shares: Bank of America said chip-makers had built-up excess inventory. The broader market was flat

Article Abstract:

Negative view of the semiconductor industry pressured technology shares on August 23rd, 2004. But the declining oil prices relieved investors and are considered as a bright spot in the share market.

Semiconductors and related devices, Computer and Data Processing Services, Semiconductor industry, Computer services industry, Information technology services industry

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