Pursuits
Most U.S. Stocks Rise as Investors Weigh Manufacturing Reports
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Most U.S. stocks rose, after a two-day decline in the Standard & Poor’s 500 Index, as investors weighed manufacturing data for clues on whether the Federal Reserve will move to stimulate the economy.
Abercrombie & Fitch Co. and JDS Uniphase Corp. rallied at least 8.2 percent after earnings topped analysts’ estimates. Deere & Co. dropped 6.3 percent as profit trailed analysts’ estimates and the largest maker of farm equipment cut its full-year forecast. Staples Inc. tumbled 15 percent after reducing its projections amid slower growth.