(Bloomberg) -- U.S. stocks advanced for a third day
on buyout speculation in the real-estate industry and a jump in
oil prices that lifted shares of energy producers.
Simon Property Group, the largest U.S. real estate
investment trust, climbed after Deutsche Bank AG upgraded its
shares and seven other companies in the industry following the
$13.5 billion buyout of Archstone-Smith Trust. Energy shares,
led by Exxon Mobil Corp., contributed the most to the gain in
the Standard & Poor's 500 Index.
Read more at Bloomberg Stocks News
on buyout speculation in the real-estate industry and a jump in
oil prices that lifted shares of energy producers.
Simon Property Group, the largest U.S. real estate
investment trust, climbed after Deutsche Bank AG upgraded its
shares and seven other companies in the industry following the
$13.5 billion buyout of Archstone-Smith Trust. Energy shares,
led by Exxon Mobil Corp., contributed the most to the gain in
the Standard & Poor's 500 Index.
Read more at Bloomberg Stocks News
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