U.S. stocks were broadly higher Monday morning, adding to the market’s gains from last week. Technology companies, banks and healthcare stocks accounted for much of the rally. Investors were weighing the latest company earnings and deal news. Oil prices were pulling back after surging last week ahead of the U.S.-led missile attack on Syria’s chemical weapons program.KEEPING SCORE: The Standard & Poor’s 500 index rose 15 points, or 0.6%, to 2,671 as of 11:20 a.m. Eastern Time. The Dow Jones industrial average climbed 179 points, or 0.7%, to 24,539. The Nasdaq ticked up 19 points, or 0.3%, to 7,125. The Russell 2000 index of smaller-company stocks rose 7 points, or 0.5%, to 1,557.THE QUOTE: “What we have going on is a little bit of a relief rally,” said Erik Davidson, chief investment officer for Wells Fargo Private Bank. “The whole Syria situation could have gone a lot worse.”EYE ON EARNINGS: It’s report card time for corporate America the next few weeks. Wall Street is forecasting the strongest earnings growth in seven years for S&P 500 companies, and the hope has been that healthy profit reports will steady the market following a rough couple of months.ICAHN’S GAMBLE: Carl Icahn’s company has… Read full this story
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