Equities Bounce Back On Deals, Bullish Data and No Change Expected From The Fed

By MidnightTrader.com Staff,

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Stocks are back on the offensive today as investors pour into equities amid expectations the Federal Reserve will keep monetary policy unchanged this week. Bullish U.S. and European manufacturing data along with a pair of multi-billion-dollar deals between AIG ( AIG ) and AerCap Holdings ( AER ) along with Avago Technologies ( AVGO ) and LSI Corp ( LSI ) also lifting the markets today. The energy sector is providing the Dow Industrials index with a boost after an endorsement by Goldman Sachs drove Exxon Mobil Corp ( XOM ) sharply higher.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: AER , AIG , AVGO , LSI , XOM

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