(Reuters) - NEW YORK, June 26 - U.S. stocks rose on Tuesday
as European companies made takeover offers for U.S. companies
in the health-care and chemicals sectors and bond yields
dipped, sending rate-sensitive stocks higher.
Utility stocks dominated the top percentage gainers on the
S&P 500 as the yield on the 10-year Treasury held near 5.08
percent. Hefty dividend-paying utilities are seen as more
attractive when bond yields are falling.
Read more at Reuters.com Bonds News
as European companies made takeover offers for U.S. companies
in the health-care and chemicals sectors and bond yields
dipped, sending rate-sensitive stocks higher.
Utility stocks dominated the top percentage gainers on the
S&P 500 as the yield on the 10-year Treasury held near 5.08
percent. Hefty dividend-paying utilities are seen as more
attractive when bond yields are falling.
Read more at Reuters.com Bonds News
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