Indices closed in the green zone on Monday. Technology brands led the advance on a variety of economic news. In M&A action, Blackstone Group LP agreed to acquire Gramercy Property Trust in a $7.6 billion cash deal. Meanwhile, Nestle SA paid $7.15 billion for the right to market Starbucks products and Elliott Management put in a $6.5 billion offer to purchase Athenahealth. On another note, crude oil stepped up. West Texas Intermediate crude tacked on 0.1% today to settle at $69.80 a barrel. Looking ahead, companies including Walt Disney, Marriott, and Ambev will release quarterly details this week.
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