US STOCKS-Wall St jumps on renewed risk-taking after G20

                                
   * G20 pledge to keep aid flowing until recovery reassured
                                
 * Kraft in formal takeover Cadbury bid, terms unchanged
                                
 * GE, Comcast see $30 bln valuation on NBC-Comcast JV
                                
 * Dow up 1.2 pct, S&P up 1.4 pct, Nasdaq up 1.5 pct
                                
 * For up-to-the-minute market news, click [STXNEWS/US]
  (Updates to early morning)
                                
 By Angela Moon
                                
 NEW YORK, Nov 9 (Reuters) - U.S. stocks jumped on Monday,
extending gains from the previous week, on renewed risk-taking
sentiment after the Group of 20 pledged to keep economic
stimulus in place until a recovery was assured.
                                
 Corporate mergers and acquisitions also boosted the market,
with General Electric Co <GE.N> gaining 3.5 percent to $15.86
after a source said GE and Comcast Corp <CMCSA.O> agreed on a
valuation of around $30 billion for a joint venture between NBC
Universal and Comcast. For details, see [ID:nN08209497]
                                
 Finance ministers and central bankers of the G20 agreed
over the weekend to keep government aid flowing, boosting
global stocks while pressuring the dollar as high-yielding and
commodity-linked currencies benefited. [ID:nLQ516726] and
[ID:nL9362990]
                                
 "The reassurance (G20) is feeding the market and supporting
the rally to continue here for some time," said Dan Faretta,
senior market strategist at Lind-Waldock in Chicago.
                                
 The Dow Jones industrial average <.DJI> was up 120.24
points, or 1.20 percent, at 10,143.66. The Standard & Poor's
500 Index <.SPX> was up 14.54 points, or 1.36 percent, at
1,083.84. The Nasdaq Composite Index <.IXIC> was up 30.58
points, or 1.45 percent, at 2,143.02.
                                
 Stocks rose 3 percent last week after ending Friday's
session slightly higher, shrugging off government data showing
the unemployment rate hit 10.2 percent.
                                
 Kraft Foods Inc <KFT.N> formalized a proposed takeover of
Britain's Cadbury Plc <CBRY.L>, but failed to improve the terms
of its initial approach. Kraft was down nearly 1 percent at
$26.55. [ID:nL9380032]
                                
 Healthcare companies were in the spotlight after the U.S.
House of Representatives approved a healthcare reform bill on
Saturday that would include a government-run health insurance
option to compete with private insurers.
                                
 "It's very clear that the this is not going to be an easy
or short process," said Charles Lieberman, chief investment
officer at New Jersey-based Advisors Capital Management, adding
that the negative impact on the healthcare sector will be
limited.
                                
 The Morgan Stanley Healthcare Payor index <.HMO> was up 1.4
percent, while the Amex Pharmaceutical index <.DRG> rose 1.1
percent.
                                
 Shares of McDonald's Corp <MCD.N> gained 1.7 percent to
$62.78 after the fast food chain posted a 3.3 percent increase
in global comparable sales. [ID:nN09251657]
                                
 Sprint Nextel Corp <S.N> is preparing to pump at least $1
billion more into wireless broadband company Clearwire Corp,
the Wall Street Journal reported, citing two sources.
[ID:nN08210265]. Sprint Nextel stock added 5.6 percent to
$3.01.
                                
 Oil futures jumped 2.4 percent above $79 a barrel, and gold
hit a record high above $1,110 an ounce, as the dollar index
<.DXY> slid 1 percent on the outcome of the G20 meeting.
                                
 (Reporting by Angela Moon; editing by Jeffrey Benkoe)