Gm Chrysler Merger Talks Reported

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Comcast's (CMCSA_) NBCUniversal won the Oughout.S. broadcasting rights into the Olympic Games from 2014 to 2020, beating Fox and ESPN with a $4.38 billion bid.

Tom Samuels, managing partner at Palantir Capital Management said, "The sector is trying to convince itself that great is fantastic news and bad news is good news." Samuels also said, "The Dow has risen five of the past six weeks and is actually less than 2 percent from its highest associated with the year, which it touched in late April." Interest rate have been falling pending a Fed move.

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With over $1 trillion worth of mergers and acquisitions deals this year, the You.S. stock market has ascended into new record highs within both the Dow Jones and the S & P 500 indices regardless of a slowed Ough.S. economy. Yesterday the S & P 2000 hit company cards . new record at the closing bell. This year's mergers and acquisitions pace is, itself, record-setting.

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