Wednesday, June 27, 2012

Getting ready to move

The market held onto modest gains Tuesday as investors around the globe are sitting, waiting and watching ahead of a key European summit that starts tomorrow. But with so many similar summits having come and gone, investors are skeptical that anything concrete will emerge. Shares of Best Buy  rose nearly 5% Tuesday following reports that its CEO was considering taking the company private. European stocks are modestly higher in morning trading.