U.S. stocks are closing slightly higher as investors turn their focus to corporate news and as tensions ease in Ukraine.
U.S. stocks gained on Monday as investors focused on corporate news instead of geopolitical worries.
Kinder Morgan surged after announcing that it would combine a group of businesses that it controls to create the fourth-biggest U.S. energy company by market value. Banana seller Chiquita Brands International soared after the company received a $611 million buyout offer.
The stock market was extending a rebound from Friday when it logged its biggest one-day gain in five months following signs that tensions in Ukraine might be easing. In July stocks...