US: Stocks open higher as Intel buys Altera for US$16.7b
Published Mon, Jun 1, 2015 · 01:53 PM
[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
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore shares open higher on Friday; STI up 0.2%
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
Europe: Industrials boost Stoxx 600 as earnings season rolls in
US: Stocks end mostly lower after volatile session
US dollar rally stalls after rare FX warning from finance chiefs
Genting Singapore propels convincing Singapore market rebound; STI up 1.1%