While you were sleeping: Berkshire lifts Wall Street

Mon, 04 Aug 2014

By Margreet Dietz Aug. 4 (BusinessDesk) - Wall Street gained amid solid US corporate earnings including from Warren Buffett's Berkshire Hathaway and as a Portuguese bank bailout diminished concern about another flare-up for the euro-zone's credit crisis. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.18 percent, the Standard & Poor's 500 Index gained 0.45 percent, while the Nasdaq Composite Index added 0.52 percent. Gains in shares of Walt Disney and Caterpillar, up 2 percent and 1.1 percent respectively, led...

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