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Closing Bell: U.S. Stocks End on a High, VF Corp Slumps Despite Earnings Beat

U.S. stocks ended Monday in the green as the electronic technology sector led.

Wall Street ended in the green, with the electronic technology sector leading, as the S&P 500, Nasdaq, and the Dow Jones saw over 0.5% gains amid strong earnings and a flurry of mergers and acquisitions. But oil saw a close to 1% drop as Iraq's oil minister said that his country should be exempt from OPEC production cuts due to its war with Islamic State militants. TD Ameritrade's (AMTD) - Get Report  stock fell after it said that it entered into a "definitive agreement" to purchase online brokerage firm Scottrade Financial Services in a cash-and-stock deal valued at $4 billion. TheStreet's Jim Cramer says he applauds the deal. Finally, VF Corp. (VFC) - Get Report , an apparel and footwear company with brands including North Face, Vans and Timberland slumped after beating third-quarter estimates, but sales for the quarter fell 1% from a year ago and the company cut its full-year revenue outlook. TheStreet's Valerie Young reports from Wall Street.

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