(Bloomberg) -- U.S. stocks rose for the fourth straight week, sending the Dow Jones Industrial Average above 13,000 for the first time, after profit reports that topped analysts' estimates and a surge in takeovers reinforced speculation that shares are cheap.
3M Co. and Boeing Co. led the Dow average to three straight records after saying first-quarter earnings were buoyed by fast- growing economies abroad. Bids for MedImmune Inc. and Harman International Industries Inc. helped the Standard & Poor's 500 Index extend its best start to any year this decade.
Read more at Bloomberg Stocks News
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