Stocks climb after orders for durable goods rise

NEW YORK (AP) — Stocks rose Tuesday after the government reported that orders for big-ticket items rose unexpectedly last month. Hillshire Brands jumped after poultry producer Pilgrim’s Pride offered to buy the meat producer.

KEEPING SCORE: The Standard & Poor’s 500 index rose nine points, or 0.5 percent, to 1,909 as of 3:03 p.m. Eastern time. The Dow Jones industrial average gained 66 points, or 0.4 percent, to 16,673. The Nasdaq composite climbed 39 points, or 1 percent, to 4,225. The stock market was closed Monday for Memorial Day.