(Bloomberg) -- U.S. stocks gained for a second day
after factory orders fell less than forecast and $8.5 billion
of takeovers spurred speculation that mergers and acquisitions
will extend the rally.
Wendy's International Inc., the third-biggest hamburger
chain, advanced the most in two months after billionaire
investor Nelson Peltz said he may make a bid for the company.
Apple Inc. jumped to a record and Oracle Corp. reached a six-
year high in trading that ended at 1 p.m. before the
Independence Day holiday.
Read more at Bloomberg Stocks News
after factory orders fell less than forecast and $8.5 billion
of takeovers spurred speculation that mergers and acquisitions
will extend the rally.
Wendy's International Inc., the third-biggest hamburger
chain, advanced the most in two months after billionaire
investor Nelson Peltz said he may make a bid for the company.
Apple Inc. jumped to a record and Oracle Corp. reached a six-
year high in trading that ended at 1 p.m. before the
Independence Day holiday.
Read more at Bloomberg Stocks News
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