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The yield on the 10-year Treasury note rose to 2.62 percent from 2.58 percent Friday. The dollar rose against the euro and the Japanese yen.
In deal news, BlackBerry gained $1.02, or 10.5 percent, to $10.78. Steinway climbed $3.36, or 9.3 percent, to $39.59 after an investment firm topped an earlier offer from Kohlberg & Co. Dole rose 68 cents, or 5.3 percent, to $13.49, after the company’s CEO said he would take the company private in a deal that values it at $2.1 billion.
— Among other stocks making big moves:
— Krispy Kreme rose $1.12, or 5.2 percent, to $22.52 after the stock was upgraded by an analyst at Janney Capital Markets on the expectation that the company will have stronger sales growth than previously expected.
—Sysco, a food distributor, fell $2.02, or 5.8 percent, to $32.99 after the company said its net income fell 9 percent due to higher operating expenses and restructuring charges.
—Vical plunged $2.05, or 57 percent, to $1.53 after the drug developer said its potential cancer treatment failed in a late-stage study and that it would shift its focus to infectious disease vaccines.
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