Pursuits
U.S. Equities Advance Amid Economic Data Before Labor Report
It Won’t Be Cheap Money Forever for M&A: Jim Head
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U.S. stocks rose, after equities’ two-day decline, as a trend of mixed economic data continued before Friday’s government report on hiring.
CarMax Inc. rallied to an all-time high after a stronger-than-estimated fourth-quarter profit. Lorillard Inc. and Reynolds American Inc. climbed as antitrust officials weigh the cigarette companies’ merger. Qualcomm Inc. and Google Inc. slipped more than 1.3 percent.