U.S. Stocks Advance Ahead of Presidential Election Results
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U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second straight day, as American voters went to the polls to pick a president.
Hewlett-Packard Co. and United Technologies Corp. added at least 2.6 percent to pace gains among the biggest companies. Computer Sciences Corp., the manager of networks for NASA, surged 17 percent as a cost-cutting program helped boost its profit forecast. Express Scripts Holding Co., the largest U.S. pharmacy benefits manager, plunged 12 percent after saying analysts’ profit estimates for 2013 were “overly aggressive.”