U.S. stocks rose, after equities posted their first weekly drop in a month, as corporate deals and growth in American manufacturing overshadowed escalating tension in Iraq.
The Standard & Poor��s 500 rose 0.1 percent to 1,937.77 at 4 p.m. in New York after fluctuating between gains and losses throughout the session. The Dow Jones Industrial Average added 5.59 points, or less than 0.1 percent, to 16,781.33. The Russell 2000 Index of small companies added 0.4 percent.
The S&P 500 dropped 0.7 percent last week, snapping a three-week rally that had pushed equities to all-time highs, as Sunni insurgents in Iraq occupied more territory and oil prices jumped to an eight-month high.
Source : Bloomberg