Mercy Flush & Market Update

NEW YORK–J.P. Morgan Chase has agreed to quintuple the price it will pay for Bear Stearns to $10 a share, hoping to stem criticism that the banking giant was getting too sweet a deal to snap up the ailing investment bank.

DJIA* 12548.64 187.32 1.52%
Nasdaq* 2326.75 68.64 3.04%
S&P 500* 1349.88 20.37 1.53%
Russell* 701.28 19.86 2.91%
10-YR Note* 3.558% -1 26/32 -1.79%
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