The Traderszone Network

Published in TZ Latest News 1 June, 2015 by The TZ Newswire Staff

Stocks Eke Out Narrow Gains; eBay Breakout Gains Traction

Stocks strengthened and were near session highs early Monday afternoon as news of another big merger in the tech sector kept sellers at bay. The Nasdaq rose 0.5%, while the Dow Jones industrial average and S&P 500 added 0.4%. Volume on the NYSE and Nasdaq was tracking higher than Friday’s levels. Intel (INTC) gave a lift to the stock market today, agreeing to buyAltera (ALTR) for nearly $17 billion. Shares of Altera surged 6%. Intel fell 1%.

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