The stock-market recovery makes sense, say strategist at UBS who modestly increased their S&P 500 target for the end of the year to 6,200 from 6,000. "We think the recovery makes sense, considering ...

Shares of MRC Global rose sharply in premarket trading Friday after the distributor of pipe, valves and fittings agreed to be acquired by DNOW in a stock swap. After the closing bell Thursday, DNOW, a ...