(Bloomberg) -- U.S. stocks erased earlier declines and rose, led by health-care and financial companies, after Merck & Co. boosted its profit forecast and investors speculated SLM Corp. will be taken over.
The Standard & Poor's 500 Index gained 0.69 to 1448.49 as of 10:53 a.m. in New York, after earlier falling 0.3 percent. The Dow Jones Industrial Average added 9.35, or 0.1 percent, to 12,562.31. The Nasdaq Composite Index lost 4.56, or 0.2 percent, to 2475.76.
Read more at Bloomberg Stocks News
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