US STOCKS-S&P index edges up, helped by telecoms

(Reuters) - NEW YORK, May 21 - The Standard & Poor's 500
stock index rose near its all-time closing high on Monday after
a takeover deal for mobile phone company Alltel Corp. lifted
the telecommunications sector.




The Dow fell slightly, weighed down by sagging shares of
industrial companies.


Read more at Reuters.com Bonds News