Worries Over Inflation Send U.S. Market Down

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U.S. stocks closed Wednesday trading session lower with losses planet financial sector partly offset by gains in force. The Down Jones Industrial Average closed down at 10,835.28, the S&P 500 dropped 0.3% to 1,144.73, and the Nasdaq Composite ended down 0.1% to 2,376.56.

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Wachovia allowed us purchase A complete.G. Edwards, the nation's largest full-service brokerage house outside of recent York City, for $6.84 billion. Thomas H. Lee Partners LP and Fidelity National Financial Inc. purchased payroll and human resources outsourced Ceridian for $5.3 billion in the two big acquisitions deals expected to increase the market in today's trading.

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