S&P 500 Halts 4-Day Slide on Data Before Fed Meeting

U.S. stocks rose, after equities posted the biggest weekly drop since August, as investors watched data to gauge the outlook for stimulus before a two-day Federal Reserve meeting that starts tomorrow.

Exxon Mobil Corp. rallied 2 percent after Goldman Sachs Group Inc. raised the stock’s rating. General Motors Co. climbed 3.5 percent after saying it plans to spend $1.3 billion to upgrade five U.S factories and may consider paying a dividend next year. LSI Corp. jumped 39 percent after Avago Technologies Ltd. agreed to buy it in a deal valued at $6.6 billion. Twitter Inc. retreated 4.1 percent after Wells Fargo & Co. downgraded the stock.