Wednesday, May 16, 2007

US stock indexes open higher on housing, takeovers

(Reuters) - U.S. stocks opened higher on Wednesday after government data suggested the housing market was stabilizing and the latest takeover deals, including one for Bausch & Lomb Inc.

The Dow Jones industrial average was up 35.51 points, or 0.27 percent, at 13,419.35. The Standard & Poor's 500 Index


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