WorldCom's bid for MCI got the market's motor running early this morning, and word that manufacturing activity fell in September - suggesting that inflation will remain tame - kept things going through the afteroon. The Dow rose 69.99, to 8015.25; the Nasdaq climbed 4.61 to 1690.30. MCI (up big) and WorldCom (down modestly) were far and away the two most active issues.
Dow Cracks 8,000
WorldCom's bid for MCI got the market's motor running early this morning, and word that manufacturing activity fell in September - suggesting that inflation will remain tame - kept things going through the afteroon. The Dow rose 69.99, to 8015.25; the Nasdaq climbed 4.61 to 1690.30. MCI (up big) and WorldCom (down modestly) were far and away the two most active issues.