Snapshot: Indexes tick higher on merger proposals


Stocks rose on Monday, helped by corporate merger news. Chip maker RF Micro Devices jumped 21 percent after saying tht it would buy TriQuint Semiconductor for about $1.56 billion. Meanwhile, Jos. A. Bank rose 9 percent on Men’s Wearhouse’s increased buyout offer. Markets also got a lift as turbulence in the Ukraine eased following the ouster of President Viktor Yanulovych over the weekend. Investors had been worried about the escalating violence. Investors will have a chance to test record highs after durables and GDP reports come out this week. And Fed chair Janet Yellen is expected to testify to the Senate Banking Committee Thursday.

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