NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are opening higher on some corporate deal news. There was little immediate response to the turbulent end of the Group of Seven meeting.
Physician services provider Envision Healthcare rose 2.6 percent Monday after KKR agreed to buy it for about $10 billion.
Building materials supplier USG rose 3.8 percent after Germany’s Knauf agreed to buy it for $7 billion.
The G-7 meeting ended Saturday with President Donald Trump withdrawing from a group statement on trade and criticizing Canada’s prime minister.
The S&P 500 index rose 1 point, or 0.1 percent, to 2,780
The Dow Jones industrial average climbed 12 points, or 0.1 percent, to 25,327. The Nasdaq composite edged up 4 points, or 0.1 percent, to 7,649.
This article provided by NewsEdge.