Earlier today today a deal between Merck and Shering-Plough was announced. This afternoon it is Dow Chemical and Rohm and Haas completing a deal. Big mergers have been few and far between (except for some failing banks) but two in one day may lift the spirits of Wall Street. Finally some investment banking fees for the boys…

US equties are waffling around but could get a boost from the sudden jump in deal flow. One more and we’ll have a trend…