May 13 (Bloomberg) — Stocks fluctuated, with the Standard & Poor's 500 Index near a record, amid corporate deals activity and data that showed retail sales rose less than forecast in April.
DirecTV jumped 1.7 percent after people familiar with the matter said AT&T Inc. has held advanced talks to acquire the company for about $50 billion. Keurig Green Mountain Inc. added 9.5 percent after Coca-Cola Co. boosted its stake in the company. Pfizer Inc. rose 0.4 percent after people familiar with the matter said the company may increase its bid for AstraZeneca Plc.
The S&P 500 advanced 0.1 percent to 1,898.42 at 10:01 a.m. in New York. The index earlier touched 1,900 for the first time. The Dow Jones Industrial Average increased 29.09 points, or 0.2 percent, to 16,718.33. The Nasdaq Composite Index slipped less than 0.1 percent, while the Russell 200 Index lost 0.2 percent.
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