Tuesday's Bloomberg Market Report

By: Deborah Kostroun Email
By: Deborah Kostroun Email
  • DJ Industrials: Up 62.43 to 13,712.13
  • S&P 500: Up 6.53 to 1,492.51
  • NASDAQ: Up 8.47 to 3,143.18 

Here are the headlines from Tuesday's Bloomberg Market Report.

Dell is one step closer to becoming a private company and Microsoft is planning to provide about $2 billion worth of funding to make that happen. Sources say a deal could be announced this week. Microsoft has a lot riding on Dell. Both companies are also working together on tablets; a market now dominated by Apple and Google.

Google reported higher profit as advertisers boosted spending during the holidays. As for the broader markets, stocks closed higher on better than expected earnings from several companies.

Delta says it plans to cut seat capacity by as much as four percent. The move helps the carrier maintain pricing power as a sluggish economy prevents it from raising fares following the holiday travel peak.

A tough economy could cause people to pack on the pounds. A new University of Miami study says that when there is a perception of tough times, people tend to go for higher-calorie foods that will keep them satisfied longer.


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