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Date Posted: 07:40:12 11/07/06 Tue
Author: No name
Subject: asd
In reply to: 's message, "This has to be the stupidest conversation Imean who really gives a crap anyway??? IS IT HURTING YOU?? I like the banners it makes the site more interesting at the top. You people always try and ruin something that others like just cause ALMIGHT YOU do not like it. EGO ANYONE?" on 23:29:34 06/25/06 Sun

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

AP
Stocks Rise As Investors Await Elections
Tuesday November 7, 10:26 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Rises Ahead of Congressional Election Results

NEW YORK (AP) -- Wall Street extended its advance Tuesday as investors awaited the outcome of congressional elections that could tip the balance of power in Washington to the Democrats.
The election could strip power from Republicans in the House of Representatives for the first time since 1994. Stocks often rally after elections as Wall Street bets change will lead to a more business-friendly environment; the theory on the Street is that a split in power in Washington will create legislative gridlock, slowing down regulatory change.

ADVERTISEMENT

Toyota Motor Corp. helped lift stocks in early trading after the automaker reported quarterly profit surged 34 percent. Also driving stocks was Emerson Electric Co., which reported a 26 percent jump in quarterly profit.

There was also fresh evidence the housing market might be on hold. Toll Brothers Inc. forecast a 10 percent drop in quarterly home building revenue. Beazer Homes USA Inc. fell after it posted a 44 percent decline in quarterly earnings due to lower demand for new homes.

In the first hour of trading, the Dow Jones industrial average rose 53.55, or 0.44 percent, to 12,159.10 after rising 119 points Monday on a spate of merger announcements.

Broader stock indexes also gained. The Standard & Poor's 500 index rose 6.00, or 0.43 percent, to 1,385.78, and the Nasdaq composite index added 21.18, or 0.90 percent, to 2,387.13.

Bonds gained, with the yield on the benchmark 10-year Treasury note fell to 4.66 percent from 4.70 percent late Monday. The dollar was mixed against other major currencies, while gold prices rose.

Toyota rose $1.47 to $121.49 after the automaker reported strong sales in North America and Europe drove profits higher during its fiscal second quarter. The results helped put the company on pace to overtake General Motors Corp. as the world's biggest automaker.

Toll Brothers trimmed its fiscal 2007 home closings forecast, saying new orders declined 57 percent in the latest quarter. The luxury home builder fell 9 cents to $27.96.

Also pulling housing stocks lower was Beazer, which said fiscal fourth-quarter earnings dropped as higher revenue and home closings failed to offset squeezed margins. Shares fell 12 cents to $41.82.

Emerson rose $3.89, or 4.7 percent, to $86.45 after the diversified manufacturer posted strong fourth-quarter results, raised its dividend and announced a stock split. The company also said it expects a double-digit profit increase in 2007.

The Russell 2000 index of smaller companies was up 9.06, or 1.19 percent, at 772.14.

Advancing issues outnumbered decliners by about 3 to 2 on the New York Stock Exchange, where volume came to 215.1 million shares.

Overseas, Japan's Nikkei stock average rose 0.18 percent. In afternoon trading, Britain's FTSE 100 was up 0.18 percent, Germany's DAX index rose 0.25 percent, and France's CAC-40 added 0.62 percent.

New York Stock Exchange: <a rel=nofollow target=_blank href="http://www.nyse.com">http://www.nyse.com</a>

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