Wall Street was set to open higher on Monday after Warren Buffett's Berkshire Hathaway agreed to buy Precision Castparts in a deal valued at $37.2 billion, showing the M&A boom was alive and well.
Adding to the positive sentiment, poor data out of China boosted hopes for additional stimulus from Beijing. Greek banks could get a first capital injection soon after a bailout deal is agreed, and before the ECB can conduct stress tests, a euro zone official told Reuters.
13:05 Tough at top: Murray, Kerber out in 4th round in Melbourne11
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
23:10 Tim Raines, Jeff Bagwell, Pudge Rodriguez elected to Baseball Hall of Fame18
00:00 Qualcomm licensing business, Apple deal attacked in FTC’s antitrust lawsuit18