| Dow | 12,161.63 | +69.48 | +0.57% |
By: JeeYeon Park
Stocks ended higher Monday with the Dow and S&P 500 hitting their highest levels since June 2008 amid a flurry of M&A activity and several positive earnings news.
The Dow Jones Industrial Average rose 69.48 points Monday, or 0.57 percent, to close at 12,161.63, hitting another 2-1/2 year high. Stocks extended gains Friday to end the week on a high note, posting the best week in two month.
The S&P 500 rose 8.18 points, or 0.62 percent—also hitting a 2-1/2 year high—finishing at 1,319.05. The Nasdaq rose 14.69 points, or 0.53 percent—to hit a 3-1/4 year high—ending at 2,783.99.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose near 16.


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