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Telecomunicaciones y tecnología

Wall Street up as takeover boosts sentiment


    NEW YORK (Reuters) - Stocks edged up on Monday as a multi-billion dollar takeover in the drug industry buoyed sentiment but gains were capped by worries about the economy, fueled by a decline in Caterpillar shares after the heavy equipment maker posted a slide in quarterly profit.

    Highlights:

    The Dow Jones industrial average added 7.25 points, or 0.09 percent, to 8,084.81. The Standard & Poor's 500 Index rose 4.37 points, or 0.53 percent, to 836.32. The Nasdaq Composite Index was up 3.56 points, or 0.24 percent, at 1,480.85.

    (Reporting by Leah Schnurr, Editing by Chizu Nomiyama)