(Bloomberg) -- U.S. stocks rose, erasing the Standard & Poor's 500 Index's losses from the Feb. 27 sell-off, after Merck & Co. said profit beat analysts' estimates and investors speculated SLM Corp. will be taken private.
The Dow Jones Industrial Average posted its first back-to- back weekly gain since January, while the Nasdaq Composite Index recorded its first such streak since February. Cisco Systems Inc. rallied after saying it's at the high end of its sales growth forecast.
Read more at Bloomberg Stocks News
No comments:
Post a Comment