U.S. Stocks Finish Higher on Deals, Oil Prices
{{#rendered}} {{/rendered}}
U.S. stocks rose Monday, boosted by takeover activity worth more than $15 billion and as a fall in oil prices below $60 a barrel brightened investors' outlook for an economic and earnings rebound.
Based on the latest available data, the blue-chip Dow Jones industrial average (search) was up 36.98 points, or 0.36 percent, to end unofficially at 10,439.75.
The broad Standard & Poor's 500 Index (search) was up 8.50 points, or 0.71 percent, at 1,206.91. The technology-laced Nasdaq Composite Index was up 30.42 points, or 1.46 percent, at 2,120.30.
{{#rendered}} {{/rendered}}
For the month of October, though, all three stock indexes fell. The Dow fell 1.22 percent in October, while the Nasdaq (search) dropped 1.46 percent and the S&P 500 finished the month down 1.78 percent.