Thursday, April 5, 2007

US STOCKS-Wall St rises with bid for Chrysler, lower oil

(Reuters) - NEW YORK, April 5 - U.S. stocks ended higher in light trading on Thursday, as a decline in oil prices and a proposed takeover of automaker Chrysler overcame caution before jobs data that held back share prices earlier.

News in the afternoon of a proposed offer for DaimlerChrysler's Chrysler Group by billionaire Kirk Kerkorian helped to lift indexes. Shares of General Motors also rose after the news, boosting the Dow. For details, see [ID:nN05210137]


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