New York • Stocks moved higher in early trading Monday as investors responded to the latest round of corporate deals, putting the Standard & Poor's 500 index back into record territory.
KEEPING SCORE: The S&P 500 rose 14 points, or 0.8 percent, to 1,851 in the first half-hour of trading, slightly above its record high close of 1,848 reached on Jan. 15. The Dow Jones industrial average rose 130 points, or 0.8 percent, to 16,234 and the Nasdaq composite rose 33 points, or 0.8 percent, to 4,297.
SUIT SAGA: Jos. A Bank rose $4.37, or 8 percent, to $59.40 after Men's Wearhouse increased its offer for the clothing retailer by 10 percent. Men's Wearhouse rose $2.94, or 7 percent $48.06.