Stocks gain on takeovers
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U.S. stocks rallied on Monday, sending the Standard & Poor's 500 index to a six-year high and the Nasdaq Composite index up more than 1 percent, as corporate takeover deals and lower crude oil prices boosted investor optimism about the economy and corporate profits.
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Socks rose on Tuesday as European  companies made takeover offers for U.S. companies in the  health-care and chemicals sectors and bond yields dipped,  sending rate-sensitive stocks higher.
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Financial stocks got a lift Tuesday as speculation about merger and acquisition activity was injected into the market after Citigroup Inc.
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U.S. stocks rose on Monday as a slew of acquisition deals pointed to optimism about the economy, outweighing sharp losses by blue-chip Pfizer Inc. , which dropped a key experimental drug.
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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US stocks gained on optimism the US presidential election will produce a clear winner, acting as the catalyst to lift share prices the rest of the year.
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Stocks jumped on Thursday, driving  both the S&P 500 and the Nasdaq composite indexes up more than  1 percent as stocks rebounded, led by gains in financial  services companies and retailers.
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The stock market surged during abbreviated trading last week, propelled by the wave of mergers and acquisitions that has buoyed it for months.
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U.S. stocks rose Monday on strong Merck & Co. profits and news of a nearly $18 billion oil services takeover, while Treasury bonds eased as reduced fears about the subprime credit market made riskier assets attractive again.
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U.S. stocks added to earlier gains on  Monday after software maker PeopleSoft Inc. PSFT.O accepted  rival Oracle Corp.'s ORCL.O $10.3 billion sweetened buyout  offer and data showed better-than-expected November retail  sales.
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US stocks rose on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.
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Stocks rose after the open on Monday helped by deal news, including a report that global miner BHP Billiton is reviving takeover plans for aluminum producer Alcoa Inc. .
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U.S. stocks ended higher on Tuesday, helped by a wave of takeover news involving tech companies such as Avaya Inc. , but China's move to cool off its skyrocketing stock market limited Wall Street's broader advance and raised concern about a global equity sell-off.
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European stock markets have climbed, lifted by takeover speculation surrounding the utilities and transport sectors, and following solid gains in Tokyo and by Wall Street overnight, dealers said.
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Europe's major stock indices have climbed after Wall Street had rebounded overnight, and on takeover news which included a multi-billion-dollar buy-out of Australian airline Qantas.
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Stocks rose on Tuesday, helped by another round of proposed takeovers and a report showing a stronger-than-expected reading in consumer confidence.
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Stocks rose on Thursday as investors  bet on a year-end rally, while talk of a possible merger by  telecommunications companies Sprint Corp. FON.N and Nextel  Communications Inc. NXTL.O fueled buying.