Summary Box: Major indexes finished mixed as investors look to dealmaking, health stocks
By APMonday, March 8, 2010
Summary Box: Stocks end day of quiet trading mixed
MODEST MOVES: Stocks ended mixed after insurer American International Group Inc. reached a deal to sell one of its major foreign divisions to MetLife Inc. for $15.5 billion. Investors see buyouts as a sign of confidence in the economy.
WEAKER HEALTH: President Barack Obama’s call for passage of health care legislation hurt some health stocks as investors grew concerned profits of insurers would suffer.
QUIET BIRTHDAY: The modest moves came a day before the anniversary of the stock market’s jump off of 12-year lows.
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