As European growth contracted, mammoth M&A news failed to significantly brighten Wall Street's day.

We’re looking at a fairly sluggish session on Wall Street at the mo’ – very sluggish when you consider all the news flow. For starters there’s all the news about mega mergers. Warren Buffett, along with a private equity firm, has made a $28 billion offer for Heinz. That stock is up 20 per cent.


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