Thursday, August 25, 2011

Wall St up at open on BofA/Berkshire deal

NEW YORK: U.S. stocks rose at the open on Thursday after Warren Buffett's Berkshire Hathaway Inc agreed to invest $5 billion in Bank of America Corp, sending financial shares higher.

The Dow Jones industrial average gained 74.55 points, or 0.66 percent, to 11,395.26. The Standard & Poor's 500 Index rose 13.08 points, or 1.11 percent, to 1,190.68. The Nasdaq Composite Index added 14.46 points, or 0.59 percent, to 2,482.15. ' Reuters

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