NEW YORK (Reuters) - Stocks edged higher on Tuesday, following Wall Street's biggest weekly gain of the year, as merger activity boosted confidence that there is value in the market even as the S&P 500 nears a record high.
Based on the latest available data, the Dow Jones industrial average <.DJI> fell 23.99 points or 0.15 percent, to end unofficially at 16,130.40. The S&P 500 <.SPX> gained 2.13 points or 0.12 percent, to finish unofficially at 1,840.76. The Nasdaq Composite <.IXIC> added 28.758 points or 0.68 percent, to close unofficially at 4,272.783.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)