Skip to content
Subscriber Only

S&P 500 Advances Most in Five Weeks Amid Deals, Fed Speculation

Video player cover image

What Are the Benefits of the Stronger Dollar?

Updated on

The Standard & Poor’s 500 Index rose the most since Feb. 3, amid corporate deals and as investors weighed the timing of interest-rate increases after lower-than-forecast economic data.

Health-care companies in the S&P 500 Index advanced 2.2 percent as Salix Pharmaceuticals Ltd. accepted a sweetened, $11.1 billion takeover offer from Valeant Pharmaceuticals International Inc. Life Time Fitness Inc. rose 5.2 percent after agreeing to be bought by private equity firms.