The markets opened higher as bargain hunters stepped in after two days of losses. Meanwhile, oil prices hit record highs on renewed supply concerns. The Dow added 20 points to 12,621 while Nasdaq rose 8 points to 2457.
On the upside
$34.8 billion buyout of BCE (NYSE: BCE) by one of Canada's largest pension funds faced another hurdle after an appeals court agreed with a BCE bondholder.
On the downside