US: Stocks open higher as Intel buys Altera for US$16.7b
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW YORK] Wall Street opened with solid gains on Monday helped by Dow blue chip Intel's $16.7 billion deal to buy rival chipmaker Altera.
After sagging last week, five minutes into trade the Dow Jones Industrial Average was up 66.66 points (0.37 per cent) to 18,077.34.
The broad-based S&P 500 added 5.32 points (0.25 per cent) at 2,112.71, while the tech-rich Nasdaq Composite Index rose 18.67 (0.37 per cent) at 5,088.69.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
