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| Edited By: |Source: Reuters |Updated: Mar 17, 2018, 03:05 AM IST
US stocks rose at the open on Monday after Schlumberger agreed to buy Smith International for $11.34 billion in stock and Lowe's Co posted better-than-expected earnings, indicating increased confidence among corporate managers and consumers.
The Dow Jones industrial average added 27.96 points, or 0.27%, to 10,430.31. The Standard & Poor's 500 Index rose 3.12 points, or 0.28%, to 1,112.29. The Nasdaq Composite Index gained 7.57 points, or 0.34%, to 2,251.44.
