U.S. stocks held near session highs as Apple (AAPL) did heavy lifting for the Dow Jones Industrial Average and Nasdaq. The tech giant was up around three percent after Warren Buffett's Berkshire Hathaway (BRK.A) disclosed a nearly $900 million stake. Homebuilder sentiment held steady in May, unchanged for the fourth month in a row as housing sector growth continued. The reading above 50 indicated improvement in the builder confidence. Tribune Publishing (TPUB) surged after Gannett (GCI) increased its offer to $15 a share, 22 percent higher than an initial bid. Tribune's board had rejected the previous offer. J.C.Penney (JCP) climbed after Baird upgraded the stock to OUTPERFORM from NEUTRAL. Analysts said a recent 30 percent pullback from March levels made for an attractive valuation.
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