Stocks head for higher opening
Stocks headed for a higher opening Monday, with sentiment bolstered by news of a renewed $2 billion offer from videogame maker Electronic Arts for rival Take-Two.The market for new deals has been stagnant lately, so Wall Street is likely to get a boost from the offer as consolidation within industries often causes investors to buy stocks in related sectors.
US stocks headed for a higher open on Wednesday, suggesting Wall Street may extend the previous day's rebound, as the price of oil pulled back and government data showed new orders for long-lasting US manufactured goods fell less than expected.