Dow 14000

Talk of More Corporate Deals Sends Stocks Higher, Dow Above 14,000

Reports that retailers Office Depot and OfficeMax are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks. Some investors are betting that more deals could be on the way as buyers pay premium prices for publicly traded companies.

Dow Jones Closes Above 14,000 for First Time Since Oct. 2007

The Dow stock market index closed above 14,000 for the first time since before the financial crisis rocked the world economy. Propelled by strong auto sales and optimism about U.S. jobs, the Dow Jones industrial average crossed the line early Friday and continued flirting with the mark all day.

Pfizer Earnings Help Lift Stocks, Pushing Dow Toward 14,000

Pfizer helped keep the stock market rally alive Tuesday. The drugmaker's stock gained after posting strong earnings, pushing the Dow closer to 14,000. The Standard and Poor's 500 also rose, adding eight points to 1,507.84 points. The Nasdaq composite dropped less than a point to 3,153.66.

Back to 14,000 for the Dow?

%u201CWe will hit 14,000, perhaps not in a year, but probably in a couple of years,%u201D says Robert Doll, vice chairman and global chief investment officer at BlackRock, one of the world%u2019s largest asset management companies. Here's his thinking.