Gm Chrysler Merger Talks Reported

With A.G. Edwards Inc. and Ceridian Corp having decided purchase deals, the U.S. stock market was ready to move into more record-setting territory as the opening bell rang on Monday, according to Bloomberg and other news agencies.



LDK Solar(LDK_) dipped three ..2% to $6.87 after the company reported first-quarter earnings of $135.4 million, or 95 cents a share, but saw revenue decline17% on a sequential basis to $766.3 million.

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For most investors who aren't pouring over charts, reading over 10k reports and glued to their television round the clock watching CNBC for breaking earnings reports, diversification is extremely important.

Rising oil prices put weigh on consumer discretionary stocks which led the decliners of that day. The dollar fell 7.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. Internet site T & K Futures president Michael K. Smith, the dollar is lower and has been much money out there chasing the safe-havens of silver and gold.

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