Financial firms lead stocks
Financial companies led stock indexes to new two-year highs Tuesday after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank said it is buying Chrysler Financial, the automaker’s old lending arm, from Cerberus Capital Management LP for $6.3 billion. The S&P 500 closed above the level it reached on Sept. 12, 2008, the last trading day before …
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