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S&P 500, Nasdaq hit 5-month highs

The Dow closes up 94 points as technology and retailing stocks push the marker higher. Techs rally after Research In Motion announces a competitor to Apple's iPhone. Carl Icahn launches his Yahoo proxy fight. Crude falls to $120 but rebounds.

Market update

[BRIEFING.COM] Stocks spent Thursday morning trading in subdued fashion as traders found little to motivate their interests. However, concerted buying efforts surfaced early in the afternoon after crude prices took a dive. The stock market closed...more...

Financial news center

Icahn to battle Yahoo to accept Microsoft bid

Financier Carl Icahn launched a proxy battle on Thursday to force Yahoo Inc to reopen buyout talks with Microsoft Corp , saying the Yahoo board had acted "irrationally" in refusing its $47.5 billion offer. 5/15/2008 5:06 PM

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Citi's real problem - Jim Jubak © MSN Money

No relief in sight from soaring food costs

New government figures throw cold water on hopes that food-price inflation has run its course, says MSN Money's Jim Jubak.


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CAPS-Community Stock Ratings

CAPS
Hottest 5-Star Stocksmore...
Orchid Cellmark, Inc. (ORCH)+20.74%
Aware, Inc. (AWRE)+15.06%
Woodward Governor Company (WGOV)+12.99%
Recent All-Star Picksmore...
TMFDeejTMFDeej (rated 98.90) picked CAKE Outperform
TMFDeejTMFDeej (rated 98.90) picked EPD Outperform
Imperial1964Imperial1964 (rated 89.53) picked EWZ Outperform
Today's Hottest Playersmore...
TheGreenRoomTheGreenRoomRating: 44.07 +35.98
BullBullBullBullBullBullRating: 38.15 +33.62
stacksondeckstacksondeckRating: 55.39 +32.88

Ratings as of 6:01 PM Eastern Time

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