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U.S. Stocks Rise as Investors Await Fed Policy Meeting

U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from last week’s decline, as investors weighed economic data with the prospects for stimulus cuts ahead of this week’s Federal Reserve policy meeting.

Nine of 10 industries in the S&P 500 advanced, with energy and technology stocks leading gains. Netflix Inc. jumped 7.1 percent after agreeing to a multiyear deal with DreamWorks Animation SKG Inc. to obtain original programming. Micron Technology Inc. advanced 3.8 percent after Citigroup Inc. lifted its price target on the largest U.S. maker of memory chips.