After a topsy turvy week on Wall Street, Mark Lasseigne fills you in on a good start to this week.

Mark Lasseigne
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  • Wall Street moved higher, looking past economic news and focusing on corporate deal making.
  • Dow Jones Industrial Average gained 214 points to 11,483.

  • The Federal Reserve Bank of New York reported its regional factory activity contract for a third consecutive month in August.

  • Moody's lowered its forecast of the US gross domestic product from 3% down to 2% for the second half of this year.

  • Google agreed to acquire Motorola Mobility in a $12.5 billion deal.

  • Transocean expanding its business with a $1.4 billion takeover of Norway's Aker Drilling.

  • Cargill agreed to a €1.5 billion purchase of Dutch animal-nutrition business The Provimi Group

  • Crude oil followed equities higher, closing at $87.88 a barrel.

  • Gold added modest gains settling at $1,758 an ounce.

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