Wall St climbs after merger agreement between companies – Ambito.com

     Business
    
    
    Monday August 10, 2015
    
         
    

Europe bags closed in green

operates Wall Street higher on Monday then that an agreement conglomerate Berkshire Hathaway, owned by Warren Buffett to buy Precision Castparts by 37,200 million showed the effect of the boom in mergers and acquisitions. The Dow Jones, the main indicator gains a strong 1.2 %.

Adding a positive climate for equities on Wall Street, China is under growing pressure to stimulate its economy after disappointing data released over the weekend.

Meanwhile, Greek banks could soon get a first injection of new capital after a ransom is agreed and before the European Central Bank to carry out stress tests, an official said the euro zone.

The S & P 500 is up 19.9 points, or 1%, to 2097.47 points, while the Nasdaq scale 56.49 points, or 1%, to 5100.04 units While the US Federal Reserve has kept interest rates near zero for almost a decade, the debt is cheaper, leading to an increase in merger and acquisition activity.

Top 10 sectoral indices S &. P rose in the session, led by a rise of 1.3% of industrial average

Meanwhile, the major European stock markets closed the session on Monday perched on a day rather calm, especially animated progress between Greece and its creditors and also a good start on Wall Street.

The London Stock Exchange recorded slight increase of 0.3%, by where the FTSE-100 index gained core values ​​17.73 points to close at 6736.22.

The ‘vedette’ Frankfurt DAX index benefited from calm to recover 1%, to 11604.78 points, erasing losses at the end of the previous week. The intermediate values ​​MDAX gained 0.7%, to 21258.44 points.

Paris began the week on the right foot, with 0.8% gains. The CAC 40 gained 40.66 points, to 5195.41, after reporting on Friday slightly lower than the rise in this fall session.

In the bullring, the IBEX 35 index ended at 11,311.70 points (+133,50), that is, up 1.2% from the previous day, with significant progression of banking stocks. Finally, in Milan, the FTSE Mib index gained 1.1%, closing at 23,966 points.

European shares ended down last week after the jobs data reinforced expectations of an early rising interest rates in the United States.

Traders said on Monday there would be some rebound in Europe following a late rally on Wall Street and an advance in Asia, where China markets received a boost from the investor expectations of another round of stimulus policies.

Tokyo

The Tokyo Stock Exchange closed Monday with a gain of 0.4% animated by good results of companies, and despite concerns about the strength of the Chinese economy.

At the end of operations, the Nikkei 225 index of the core values ​​84.13 points scored, and concluded at 20,808.69 units.
The session was moderately active, with 2.190 million shares traded.

Upon closing, the dollar traded at 124.39 yen, slightly below Friday level

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