Dow Rises to Highest Level Since February

Dow Rises to Highest Level Since February


The Dow Jones Industrial Common rose to its highest stage since early February on Monday, lifted by investor optimism in regards to the newest deal exercise and commerce developments.

A busy 12 months for mergers and acquisitions continued as PepsiCoagreed to purchase home-carbonation firm SodaStream Worldwide Ltd. for $three.2 billion, the newest transfer by the corporate to diversify away from sugary sodas and salty snacks. Pepsi shares closed down zero.1%, whereas SodaStream added 9.four%.

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