Author: 123jump.com Staff
123jump.com
Last Update: 4:13 PM EDT July 09 2007
U.S. market averages traded up but appeared in a holding pattern ahead of earnings season start with the earnings from Alcoa. Buybacks of $10 billion from J&J and $15 billion from ConocoPhillips lift stocks. Terex jumped 9% on a broker upgrade. Google purchases software security firm. European stocks closed higher on takeover and rising metal prices. India, South Korea, Brazil, and Hong Kong close at record levels. Japan near seven-year high.
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