Stocks jump as M&A offset Pfizer
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U.S. stocks rose on Monday as corporate takeovers and lower oil prices boosted optimism about the outlook for corporate profits, overshadowing a slide in Pfizer Inc.'s shares.
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Pfizer Inc. shares staged a rebound Tuesday, spurred in part by what Wall Street viewed as positive publicity about its Celebrex drug.
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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U.S. stocks rose on Wednesday, a day  after the blue-chip Dow hit a 3-1/2 year high, as oil prices  tumbled more than a dollar and battered-down drug stock Pfizer  Inc PFE.N rose nearly 4 percent.
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US stocks surged on Wednesday as President Bush won re-election, boosting shares of companies in sectors seen benefiting from Republican administration policies, such as defense and drugs.
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US stocks rose on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.
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Wall Street stocks soared on Tuesday afternoon as investors reacted with delight to a 50 basis point cut in US interest rates.
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U.S. stocks rallied on Tuesday, with  the Dow closing at its highest level in 3 1/2 years, boosted by  a rebound in beaten-down drugmaker Pfizer Inc. PFE.N, while  tech stocks got a lift from a broker upgrade of Intel Corp.  INTC.O.
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U.S. stocks jumped higher  on Tuesday  as better-than-expected corporate earnings from companies like  Johnson & Johnson and DuPont and positive consumer confidence  data lifted the mood on Wall Street.
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The FTSE 100 leading share index accelerated gains Tuesday after the Federal Reserve slashed US interest rates to tackle turmoil across markets, jumping 1.69 percent to 5,672.40 points.
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Stock indexes rose on Monday as deal news and pharmaceutical sector profits renewed optimism about the equities market after Friday's sell-off.
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Stocks jumped on Wednesday, as lower bond yields triggered a rebound in utilities and other shares sensitive to interest rates, while signs of strength in the economy reassured investors.
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U.S. stocks rose on Wednesday, a day  after a sharp sell-off, as value investors picked up shares in  lagging sectors such as healthcare.
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U.S. stocks bounced higher on Tuesday  as battered insurers such as Marsh & McLennan Cos. MMC.N  gained on increased confidence of a quick resolution to New  York Attorney General Eliot Spitzer's probe of the industry.
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U.S. stocks jumped on Tuesday on an optimistic outlook for technology shares and gains in oil prices that lifted energy shares.
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U.S. stocks were higher on Tuesday,  helped by Pfizer Inc. PFE.N after a study found that its  arthritis drug Celebrex carried no increased risks of heart  attacks, while gains in IAC/InterActive Corp. IACI.O and  Intel Corp. INTC.O  pushed up the Nasdaq.
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US stocks rose sharply on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.