U.S. Stock Market Wrap

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Aug. 15 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose, erasing last week’s drop, as $21.5 billion in takeovers and valuations near the cheapest level in two years helped the Standard & Poor’s 500 Index extend its best three-day rally since 2009. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)

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