NEW YORK CITY: The S&P 500 topped the 2,000 mark for the first time on Monday (Tuesday in Manila) helped by more promises of economic support from the US and European central banks.

A fresh burst of merger activity also sparked buyers, with Switzerland’s Roche paying $8.3 billion for smaller pharmaceutical company InterMune, and fast-food chains Burger King and Tim Hortons discussing a tie-up.

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