129779321220312500_16Upbeat data lift stocks Monday open high low
NetEase finance, April 3-high stocks lower Monday. United States March ISM manufacturing index rose to 53.4%, better than expected. February construction spending 1.1% per cent drop. Avon refuses giant Coty fragrance worth US $ 10 billion takeover of the group. As at the close, the Dow Jones industrial average rose 52.45, at 13
tera power leveling,264.49,Or 0.4%, and the Nasdaq composite index rose 28.13, at 3,119.70, or 0.91% the standard and poor's 500 index rose 10.43, at 1, 418.9, or 0.74%. Macro: Eurostat announced that the euro-zone unemployment rate in February hit a record $ 10.8%. SectionTo the end of February, more than 17.1 million euro-zone unemployment, 1.48 million higher than a year earlier. January unemployment rate was 10.7%. Stocks: cosmetic giant Avon (AVP) shares rose $ 3.32 per cent to us $ 22.68 per share, 17.15% per cent. The companies were found to have received a giant Coty fragrance Group (Coty Inc) Group issued to it by the value of $ 10 billion, or US $ 23.25 per share offer. However, Avon said, had refused to offer, because the transaction is not in line with Avon's best interests of shareholders. The Dow Chemical Company (DOW) rose US $ 0.33 per share to close at $ 34.97, or 0.95%. The company announced that, in response to the EuropeanWeak demand, the company plans to cut about 900 jobs. This is Dow Chemical cuts cost of about 250 million dollars as part of a year. Dow Chemical currently has 52,000 employees worldwide. United States pharmaceutical benefits management giant Express Scripts (ESRX) rose $ 1.32 per share to close at $ 55.5
tera power leveling, roseSite for 2.44%. The company on Monday, has completed a US healthcare company (Medco Health) acquisition deals worth US $ 29.1 billion. After the merger, the new company will be United States largest pharmaceutical benefits management business. Economic data: United States Institute for supply management (ISM) released March manufacturing report showed March United States manufacturing index roseTo 53.4, 52.4 points over February.
According to a Bloomberg News survey of economists on the average for 53 points. United States Government issued February construction spending report shows February United States total construction spending fell 1.1%,-hit 7-month high. February construction spending amounted to $ 808.86 billion, in October last year toTo the minimum. According to Thomson Reuters survey of economists on average forecast growth for this 0.6%. 0.1% published before January construction spending by downward revisions to 0.8%. Commodities: gold futures for June delivery closed Monday on the New York Mercantile Exchange rose $ 7.8, closing at 1
tera gold,679 per ounce. 70 m, or 0.5%;Light crude oil futures for delivery in May, Monday on the New York Mercantile Exchange rose $ 2.21, closing at $ 105.23 a barrel, or 2.2%. (Wade)
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