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  • *United Tech, energy weigh on blue chips. *Verizon down after Citi downgrade, AT&T follows. NEW YORK, Nov 24- U.S. stocks rose on Monday on hopes that China will take further accommodative monetary policy action, while merger deals kept traders focused even as volumes were below average.

  • *Euro STOXX 50 up 0.6 pct, posts biggest 2- day rise in 17 months. After European Central Bank chief Mario Draghi promised on Friday to use whatever means necessary to raise inflation, investors were betting the ECB would soon unveil new measures, possibly including government bond purchases. The euro zone Euro STOXX 50 index rose 0.6 percent to 3,211.70 points,...

  • *RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. "The carry-over effect from China, taken with the fact that the U.S. is pretty healthy, and you have a market with a bias to...

  • *Oil regains some lost ground ahead of OPEC meeting. NEW YORK, Nov 24- U.S. stocks opened higher on Monday, extending a global equity rally in Asia and Europe fueled by merger activity and signals that central banks were willing to step further into the economic breach to support growth and inflation. European Central Bank President Mario Draghi also looked to be...

  • *Euro STOXX 50 up 0.8 pct, eyes biggest 2- day rise in 19 months. After European Central Bank chief Mario Draghi promised on Friday to use whatever means necessary to raise inflation, investors were betting the ECB would soon unveil new measures, possibly including government bond purchases. The euro zone Euro STOXX 50 index was up 0.8 percent at 3,220.50 points at...

  • *RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stocks rose on Monday, with major indexes hitting fresh records on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. "The carry-over effect from China, taken with the fact that the U.S. is pretty healthy, and you have a market with a bias to...

  • NEW YORK, Nov 24- U.S. stocks opened modestly higher on Monday, pushing the Dow and S&P 500 further into record territory on the back of multiple merger deals and hopes China will take further accommodative monetary policy action.

  • *RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures pointed to a higher open on Monday, indicating that major indexes would move further into record territory on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight week of advances Friday,...

  • US STOCKS-Futures rise, boosted by merger activity Monday, 24 Nov 2014 | 8:14 AM ET

    *RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures rose on Monday, indicating that major indexes would move further into record territory, on the back of multiple merger deals and hopes that China will take further accommodative monetary policy action. Equities closed a fifth straight week of advances Friday, with the Dow and S&P...

  • US STOCKS-Futures higher, building on recent gains Monday, 24 Nov 2014 | 7:14 AM ET

    *RenaissanceRe to buy Platinum for $1.9 bln. NEW YORK, Nov 24- U.S. stock index futures rose on Monday, indicating the market's recent strength would continue during a week that's expected to see light action ahead of the Thanksgiving holiday on Thursday. *Equities closed a fifth straight week of advances Friday, with the Dow and S&P 500 ending at closing records on...

  • *Euro STOXX 50 up 1 pct, FTSEurofirst 300 up 0.4 pct. The euro zone Euro STOXX 50 index was up 1 percent at 3,225.47 points at 1150 GMT, taking its gain since the close on Thursday to 4 percent. Around Europe, Germany's DAX index and France's CAC 40 rose 0.8 percent and 0.9 percent, respectively, outperforming a 0.1 percent fall in Britain's FTSE 100 and Switzerland's SMI.

  • *Sources say China ready to ease further after rate cut. LONDON, Nov 24- World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and higher inflation. European Central Bank chief Mario Draghi also looked to be clearing the way for the...

  • Hong Kong shares surge after China cuts rates Monday, 24 Nov 2014 | 3:06 AM ET

    SHANGHAI, March 27- Hong Kong shares rose sharply on Monday after China's central bank caught markets off-guard by cutting benchmark lending rates on Friday to shore up the cooling economy. Gains in property and brokerage stocks led benchmark indexes in Hong Kong and mainland China higher as investors anticipated a cut in mortgage rates.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.65 percent, to 2,649.26 points, its highest close since Feb 2013. Among the most active stocks in Shanghai were China State Construction, up 5 percent to 4.00 yuan; CITIC Securities, up 6.23 percent to 16.54 yuan; and Poly Real Estate, up 10.03 percent to 6.47 yuan. In Shenzhen, China Vanke...

  • "Policymakers are taking a very comprehensive look in their toolboxes and this should keep investor demand for yield intact," said Tai Hui, chief markets strategist at JP Morgan Asset Management in Hong Kong. Gains in property and brokerage stocks led the benchmark indexes in Hong Kong and mainland China higher as investors anticipated a cut in mortgage rates.

  • *OPEC to meet in Vienna on Nov. 27. SINGAPORE, Nov 24- Oil markets were steady in early Asian trading on Monday, with benchmark Brent crude prices remaining above $80 a barrel following a rally late on Friday over China's interest rate cut and ahead of a possible output reduction by producer group OPEC. Asian stock markets and the dollar rose on Monday morning, fuelled...

  • SYDNEY, Nov 24- Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. "China's rate cut adds to the determination of global policy makers to avoid deflation and support growth," said Shane Oliver, head of investment strategy at fund manager AMP...

  • GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The move came after European Central Bank...

  • NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes rising for a fifth straight week after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The Dow Jones industrial average rose 88.81 points, or 0.5 percent, to 17,807.81, the S&P 500 gained 10.59...

  • *GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks rose on Friday, putting major indexes on track for a fifth straight weekly advance, after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. About two-thirds of NYSE stocks traded higher,...