Stocks Prepared To Rise On More Mergers News

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Trading came down to a 'ho hum' absolutely no major gossip. Investors were looking ahead to corporate earnings later this week. The Dow was actually stuck from a 35-point range all twenty-four hours. A pair of earnings reports from Intel Corp. and CSX Corp. could provide further insight in the health with the economy after being released subsequent to the closing bell today. Intel has warned about an income shortfall.



I think consumer spending has rebounded a little faster compared to what I understood. People are more optimistic and cautiously spending. Still, it's destined to be a long and slow period of grinding restoration.

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"There aren't any indications how the U.S. economy is going into recession. I'm fairly bullish as the actual marketplace is fairly valued," Peter Dunay, an investment strategist at Leeb Capital Management in New York, told Bloomberg.

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Visa's international business is becoming a larger portion of its quarterly success. Payments outside the U.S. -- $422 billion -- accounted for 44 percent of Visa's third quarter volume, up from 41 percent each year ago, when such payments totaled $333 billion.

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