We're all caught up on occupational reality TV, so Miss G can go back and read the "spoiler" posts she skipped on her blogroll!
We're catching up on the news.
Stocks gain on takeover news, rising commodities
Associated Press
Sept. 8, 2009, 3:24PM
NEW YORK—Rising commodity prices and stirrings of corporate takeovers are making investors more optimistic about the economy, sending stocks higher today for the third consecutive session.
A takeover bid from Kraft Foods Inc. for Cadbury is reviving hopes that the economy could be improving.
According to preliminary calculations, the Dow Jones industrial average rose 56 to 9,497; the Standard & Poor's 500 index rose 9 to 1,025; and the Nasdaq composite index rose 19 to 2,038.
The three indexes also rose Thursday and Friday. U.S. exchanges were closed Monday for Labor Day.
A takeover bid from Kraft Foods Inc. for Cadbury is reviving hopes that the economy could be improving.
According to preliminary calculations, the Dow Jones industrial average rose 56 to 9,497; the Standard & Poor's 500 index rose 9 to 1,025; and the Nasdaq composite index rose 19 to 2,038.
The three indexes also rose Thursday and Friday. U.S. exchanges were closed Monday for Labor Day.
And although Miss G is admittedly not an expert on economics, she can't help but wonder how the news that one mega-conglomerate absorbing another one can be taken as a sign that the economy is improving. Take note, people: nothing has changed. And no changes are planned. We are stuck with this for a long, long, time!
And, we're all back on our diet. Life is good!
