Nasdaq leads the way

The US major indices are all ending in the black and that means that they are all closing at record high levels.

  • The S&P index up 3.29 points or 0.13% at 2591.13
  • The NASDAQ composite index is up 22 points or 0.33% at 6786.43
  • The Dow industrial average is up 9.23 points or 0.04% at 23548.42

Some merger news dominated:

  • Disney held talks to buy most of 21st Century Fox. Both stocks are at a higher with these the 2.03% and 21st Century Fox up 9.93%.
  • QUALCOMM rejected Broadcoms $103B bid to buy.
  • Sprint and T-Mobile end their merger talks