Stocks Inch Higher
Stocks are modestly higher on Tuesday, as traders await the release of the latest Fed minutes and ahead of earnings from Alcoa
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PowerRating). In deal news, brewers SABMiller and Molson Coors
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PowerRating) announced plans to merge their U.S. operations (full story).
Among today’s gainers, Sanofi-Aventis
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PowerRating) hit a multi-month high (read more), Constellation Brands
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PowerRating) is adding to recent gains (read more) and Expeditors International
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PowerRating) is moving higher on news it will join the S&P 500 (read more).
The U.S. dollar is falling versus the euro and yen, crude oil is up more than 2%, back above $80 per barrel.
Treasuries are little changed.
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