The stock market logged its sixth straight day of gains on Tuesday. Corporate deals and some respectable earnings reports gave stocks a lift. Netflix and Harley-Davidson both jumped after reporting earnings that beat analysts' expectations. Allergan, which makes Botox, jumped after Valeant Pharmaceuticals and activist investor Bill Ackman disclosed that they are trying to buy the company.
The Dow Jones industrial average rose 65.12 points, or 0.4 percent, to 16,514.37.
The Standard & Poor's 500 index gained 7.66 points, or 0.4 percent, to 1,879.55.
The Nasdaq composite added 39.91 points, or 1 percent, to 4,161.46.
For the week:
The Dow Jones industrial average rose 105.83 points, or 0.6 percent.
The Standard & Poor's 500 index gained 14.70 points, or 0.8 percent.
The Nasdaq composite added 65.94 points, or 1.6 percent.
For the year:
The Dow is down 62.29 points, or 0.4 percent.
The S&P 500 index is up 31.19 points, or 1.7 percent.
The Nasdaq composite is down 15.13 points, or 0.4 percent