Corporate deal news gave the US stock market a lift on Monday as a bidding contest erupted for a discount retailer. Stocks also climbed amid reports of diplomatic efforts to broker a cease-fire in the conflict in Ukraine.Dollar General jumped after making a bid for retailer Family Dollar, a rival discount store. The offer topped a bid made last month by Dollar Tree, another discount retailer. Airlines were also among the big gainers as the price of oil slumped.The stock market is bouncing back after a bout of summer volatility pushed the Standard & Poor’s 500 down earlier this month …read more
Source: The Jakarta Post
