Stocks higher on deal hopes; BofA sinks

By Ken Sweet

Published April 28, 2014 9:17pm ET

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Stocks higher on deal hopes; BofA sinks — Trader Michael Smyth works on the floor of the New York Stock Exchange Monday, April 28, 2014. Stocks are mostly higher in early trading as traders hope for another blockbuster merger in the health-care industry. (AP Photo/Richard Drew) | Richard Drew

NEW YORK (AP) — It was a choppy ride for the stock market on Monday that ended with major U.S. indexes closing mostly higher.

Traders were pulled in multiple directions. Stocks opened higher, fell in the afternoon, and then rose again in the last hour of trading.

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