Stocks Ready To Rise On More Mergers News

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The Dow Jones Industrial Average learnt 14 points on Thursday, closing at 12,285 to a gain of 12 basis points (0.12 percent). The S&P 500 gained only one little basis point (0.01 percent) to stop at 1,314. The Nasdaq Composite lost 5 basis points (0.05 percent) to separate the visit to 2,760.

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"Inflation causes reduced consumer spending, it squeezes profit margins. The market has been making new heights. It can't go up forever," John Kornitzer of Kornitzer Capital Management in Shawnee Mission, Kansas, told Bloomberg.

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