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  • Business Update: Job cuts surge

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Business Update: Job cuts surge

On Wall Street, stocks were buoyed by Pfizer's $68 billion planned acquisition of Wyeth. The Dow rose 38 points to 8,116. The S&P 500 gained 4 points to 836. The Nasdaq gained 12 points to 1,489. Conway Gittens reports from New York.

Reuters | January 26, 2009Watch more videos from Reuters

Tags:. .gittens. .wyeth. .pfizer. .conway. .buoyed











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