Corporate deals and strong earnings are credited with sending stocks higher this year, and Tuesday had a bit of each. The biggest news, Microsoft's $8.5 billion cash deal for Skype, raised hopes that companies are becoming more willing to use their cash stockpiles.
The Dow Jones industrial average gained 75.68 points, or 0.6 percent, to close at 12,760.36.
The Standard & Poor's 500 index rose 10.87, …
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