(Reuters) - NEW YORK, June 18 - U.S. stocks were little
changed on Monday as lingering worries about the subprime
mortgage market offset optimism about corporate takeovers.
Shares of Bear Stearns fell 1.5 percent after the Wall
Street Journal reported that investment bank Merrill Lynch
has seized $400 million in assets of a troubled hedge
fund at Bear Stearns Cos. Inc. . For details see
[ID:nN16314376].
Read more at Reuters.com Bonds News
changed on Monday as lingering worries about the subprime
mortgage market offset optimism about corporate takeovers.
Shares of Bear Stearns fell 1.5 percent after the Wall
Street Journal reported that investment bank Merrill Lynch
has seized $400 million in assets of a troubled hedge
fund at Bear Stearns Cos. Inc. . For details see
[ID:nN16314376].
Read more at Reuters.com Bonds News
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