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U.S. Stocks Rise as Economic Data Overshadow Syria Crisis

U.S. stocks rose, following the worst month since May 2012 for the Standard & Poor’s 500 Index, as better-than-forecast economic data overshadowed concern over possible military action against Syria.

CBS Corp. jumped 4.7 percent after the broadcaster’s programs returned to Time Warner Cable Inc. Microsoft Corp. slipped 4.6 percent after agreeing to buy Nokia Oyj’s mobile-phone business and license its patents for 5.44 billion euros ($7.2 billion). Verizon Communications Inc. dropped 2.9 percent after agreeing to buy Vodafone Group Plc’s 45 percent stake in Verizon Wireless for $130 billion.