Stocks closed out the quarter with the Dow gaining 742 points, its biggest first-quarter point gain in more than a decade and its biggest percentage gain since 1994.
Stock market makes steep, broad gains as Dow moves above 12,000. The stock market was buoyed by AT&T's proposed acquisition of T-Mobile.
Dow sees biggest drop in seven months and falls below 12,000. European stocks drop to lowest level of the year.
US technology stocks were the biggest losers as the Nasdaq lost 1.4 percent. The Dow stock index fell nearly 80 points and lost 0.7 percent.
Patent law currently grants patents to the first person to invent something. Under a Senate reform bill, patent law would recognize the first person to file a patent.
Apple, Google, and 3M may top Bloomberg’s list of the world’s most innovative companies, but they’re not the biggest research and development spenders – not even part of the Top 20. Out of 1,000 publicly traded companies with the highest R&D spending in 2009, here are the Top 10, according to a survey by management-consulting firm Booz & Co.:
Stock prices rise, but dollar falls to a 15-year low against the Japanese yen.
Jonathan Franzen’s latest is already the year’s biggest novel.
Nine more persistent chemicals banned worldwide.