Stocks Start Week Upbeat
Updated from 4:14 p.m. EDT
Stocks started the week with gains Monday as a deluge of corporate deal making ultimately proved powerful enough to distract the bulls from the looming Federal Reserve rate meeting.
The Dow Jones Industrial Average rose 56.19 points, or 0.51%, to 11,045.28. The S&P 500 was up 6.06 points, or 0.49%, at 1250.56, and the Nasdaq Composite was higher by 12.20 points, or 0.58%, to 2133.67. The 10-year Treasury bond was down 2/32 in price to yield 5.24%, while the dollar fell against the yen and euro.
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