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US blue chips climb on Microsoft euphoria
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| Wall Street on Wednesday applauded Microsoft's pledge to give back more than $75bn to investors as well as a sanguine view of the economy from Alan Greenspan, sending blue chips higher. |
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Jul 21, 2004 22:06:06 |
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 16 ( -2 -12.5% ) | | Author | FT.com |
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| Similar news: | - Blue-Chips Recover - A dip in oil prices helped blue-chip stocks rebound to a small gain Monday afternoon, while negative research calls on Intel (Nasdaq: INTC) and the chip-equipment space continued to weigh on the Nasdaq Composite. The Dow Jones Industrial Average added 33
- Blue Chips Take a Tumble - The broader market rebounded from its lows Monday to reach where it closed on Friday, but disturbingly high oil prices and a disappointing outlook from 3M (MMM:NYSE - news - research) kept blue chips from positive ground.
- Wall St set to gain on Microsoft euphoria - US stocks were poised to rise as markets cheered news that Microsoft will give back more than $75bn to investors in the coming years through the biggest-ever one-time dividend, as well as higher regular dividends and stock ...
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