US stocks rise to the edge of an all-time high
NEW YORK (AP) — U.S. stocks rose to the edge of their all-time high on Monday after a couple buyout announcements helped lift the market. The S&P 500 climbed 0.7% and pulled within 0.3% of its record, which was set during the summer. The Dow Jones Industrial Average added 90 points, or 0.2%, while the Nasdaq composite rallied 1.1% to set its own record. PTC helped lead the market after leaping 33.5%. Schneider Electric of France said it would pay $205 in cash for each of the software company’s shares in a deal valuing it at about $22.6 billion. The proposed deal helped lift ...