Upbeat Economic Reports Overseas and Merger Activity Lift Markets
March 02, 2010 at 17:00 PM EST
Stocks posted slim gains on Tuesday as more merger activity poured in. CF Industries (CF) relaunched a buyout offer for fertilizer maker Terra Industries (TRA), which last month agreed to be sold to Norway’s Yara for $4.1 billion. A selloff in some of the Dow’s tech stocks dragged on the index. Market breadth was positive. [...]