US markets up in early trading

15th August 2011

Unsurprisingly Motorola Mobile was the biggest gainer up 57 per cent on news of its purchase by Google.    

Oil prices were buoyed by news that Japan's economy had shrunk less than expected as the Street reports here with West Texas Intermediate up a dollar and a half.

The New York Times reports that investor's attention will now turn to tomorrow's meeting between the French President and German Chancellor as they try and thrash out the future of the eurozone with controversy surrounding both politicians and whether they will agree to the creation of a Europe-wide bond market.

 

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