Dow Up 85; Alcoa, Intel Rally

Mining giants Bucyrus, Terex to merge
By Nick McMaster,  Newser Staff
Posted Dec 21, 2009 3:19 PM CST
In this photo made Thursday, Dec. 17, 2009, Traders James Dresch, left, Michael Raio, center, and Fred Demarco confer on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

(Newser) – Stocks saw broad gains today as analysts upgraded blue chips Alcoa and Intel and big mergers were announced in the mining and health-care sectors, the Wall Street Journal reports.

  • The Dow rose 85.25 points to close at 10,414.14.
  • The Nasdaq added 25.97, ending the session at 2,237.66.
  • The S&P 500 gained 11.58 to settle at 1,114.05.

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