(Bloomberg) -- U.S. stocks rose for a third day,
pushing the Standard & Poor's 500 Index above its record close,
after buyout speculation intensified in the real estate industry
and a jump in oil prices lifted shares of energy producers.
Simon Property Group, the largest U.S. real estate
investment trust, climbed after Deutsche Bank AG upgraded its
shares and seven other property companies following the $13.5
billion buyout of Archstone-Smith Trust. Energy shares, led by
Exxon Mobil Corp., contributed the most to the advance in the
S&P 500 Index after oil prices rose.
Read more at Bloomberg Stocks News
pushing the Standard & Poor's 500 Index above its record close,
after buyout speculation intensified in the real estate industry
and a jump in oil prices lifted shares of energy producers.
Simon Property Group, the largest U.S. real estate
investment trust, climbed after Deutsche Bank AG upgraded its
shares and seven other property companies following the $13.5
billion buyout of Archstone-Smith Trust. Energy shares, led by
Exxon Mobil Corp., contributed the most to the advance in the
S&P 500 Index after oil prices rose.
Read more at Bloomberg Stocks News
No comments:
Post a Comment