New week, new rally

Stocks edge higher as investors look to extend gains but volatile climate could keep things turbulent on Wall Street.

June 18 2007: 9:36 AM EDT

NEW YORK (CNNMoney.com) -- Stocks ticked up in early trade Monday as Wall Street mulled corporate news from the aircraft and mining sectors, lower oil and gains in overseas markets.

The Dow, Nasdaq and S&P 500 all edged higher, trying to extend three sessions of straight gains.

In major corporate news, mining group BHP Billiton is reconsidering a takeover bid for aluminum producer Alcoa (Charts, Fortune 500), the Times of London reported.

Boeing (Charts, Fortune 500) and Airbus are finding support at the Paris Air Show. Airlines placing orders for Airbus jets include US Airways (Charts, Fortune 500), which signed a deal with EADS, parent company of Airbus, valued at $8 billion while GE has placed an order for 6 Boeing 777 jets worth about $1.42 billion.

Oil prices fell 15 cents to 67.85 a barrel in early trade Monday. Top of page
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .