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(Bloomberg) -- Rising prospects for a robust federal spending package, coupled with a slowdown in virus infection rates, sent U.S. stocks higher for the sixth straight session. The S&P 500 Index rose 0.7% to an all-time high, spurred by fresh signs the Biden administration is committed to passing a sizable aid bill to address unemployment. An increase in vaccination numbers boosted optimism that the economy will take off later this year. Treasuries started the day lower, but mostly erased losses on speculation recent declines had gone too far with the latest economic data showing some weakness...

Janet Yellen's support for rapid stimulus and slowing infection rates paved the way for reflation bets

Rising prospects for a robust federal spending package, coupled with a slowdown in virus infection rates, sent U.S. stocks higher for the sixth straight session.

Dialog Semiconductor To Be Bought By Japan's Renesas Electronics In €4.89 Bln Deal KIRCHHEIM (dpa-AFX) - Dialog Semiconductor Plc (DLGNF.PK, DLGS) announced Monday that it has reached agreement on the terms of a recommended acquisition by Renesas Electronics Corp., a Japanese supplier of advanced semiconductor solutions, for 67.50 euros in cash per Dialog share. The offer price values Dialog at approximately 4.886 billion euros. The per share price represents a premium of approximately 20.3 percent to the Closing Price of 56.12 euros for each Dialog Share on February 5, being the last Busin...

Rising prospects for a robust federal spending package, coupled with a slowdown in virus infection rates, sent U.S. stocks higher for the sixth straight session.