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Modest Gains as Oil Slides Below $63 Sep 12, 1:25 PM ET |
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| Oil prices tumbled below $63 a barrel. Gold declined in Europe. The dollar advanced. |
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| U.S. markets trade mixed on M&A news. Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion. eBay is buying Skype Technologies for $2.6 billion. The tech sector rose by 1%, together with the airline sector which was also up 1%. Energy and gold sectors declined. |
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Stocks Inch Higher Amid Corp. News Sep 12, 10:44 AM ET |
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| Crude-oil prices dropped below $64 a barrel. Gold prices were near their highest level in 17 years, trading at $499 per ounce in Europe. |
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| Asian markets advanced led by the Nikkei up 1.6% at 12896.43 to a four-year high on Junichiro Koizumi's LDP victory and GDP growth by 0.8%. European markets traded higher at midday . Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion. eBay is buying Skype Technologies for $2.6 billion. |
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Flat Opening on M&A News Sep 12, 8:39 AM ET |
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| Oil held above $64 a barrel. Gold reached a 17-yrear high. The dollar gained against its counterparts. |
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| Asian markets advanced led by the Nikkei up 1.6% on Junichiro Koizumi's LDP victory and GDP growth by 0.8%. European markets traded higher at midday . Oracle agreed to acquire Siebel System at the total value of $5.85 billion. Wachovia agreed to acquire Westcorp for $3.42 billion. |
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