Top 3 Reasons Markets Were Up: Strong Earnings and Merger Mania

Markets closed up on Wall Street: DJI +0.5% SP500 +0.63% Nasdaq +0.76% Gold +0.08%

The markets were up because:

  • Earnings keep coming in stronger. Dell (NASDAQ:DELL) got Wall Street giddy with prospective increases in business spending, bellwether teen retailer Abercrombie & Fitch Co. (NYSE:ANF) crushed earnings, Comcast (NASDAQ:CMCSA) is selling a lot more bundles, and Deere & Co. (NYSE:DE) is rocking on ag strength.

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