BUZZ-U.S. Stocks on the Move-Housing stocks, Neophotonics, airline stocks
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U.S. stocks surged on Monday, with the Dow up roughly 1 percent and the Nasdaq at a 14-year high as increasing homebuilder confidence and hopes for receding tensions between Russia and Ukraine brightened investors' view of the outlook for equities. The Dow Jones industrial average was up 0.99 percent at 16,828.4, the S&P 500 was up 0.75 percent at 1,969.81 and the Nasdaq Composite added 39.67 points, or 0.89 percent, to 4,504.60.
** DOLLAR GENERAL CORP, $63.75, +10.95 pct
** FAMILY DOLLAR STORES INC, $79.9, +5.05 pct
** DOLLAR TREE INC, $54.4953, -2.00 pct
Dollar General offered to buy Family Dollar Stores for $8.95 billion, trumping an offer by Dollar Tree, to strengthen its position as the No. 1 U.S. discount retailer.
Graphic on discount retailers' year-to-date stock movement, (link.reuters.com/juk52w)