US: Wall St opens higher after Berkshire deal
Published Mon, Aug 10, 2015 · 01:42 PM
[NEW YORK] US stocks opened higher on Monday after Warren Buffett's Berkshire Hathaway's US$37.2 billion deal to buy Precision Castparts showed the M&A boom was alive and well.
The Dow Jones industrial average rose 92.93 points, or 0.53 per cent, to 17,466.31, the S&P 500 gained 11.82 points, or 0.57 per cent, to 2,089.39 and the Nasdaq composite added 38.80 points, or 0.77 per cent, to 5,082.34.
REUTERS
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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard