US STOCKS-Wall St higher as Berkshire leads finance stocks

lunes 4 de mayo de 2015 14:45 GYT

* McDonald's down after revealing turnaround plan

* Berkshire up, gives biggest boost to S&P

* Fracking stocks fall after Einhorn comments

* Indexes up: Dow 0.4 pct, S&P 0.4 pct, Nasdaq 0.4 pct (Updates to mid-afternoon)

By Noel Randewich

May 4 (Reuters) - Wall Street rose on Monday afternoon as Berkshire Hathaway led finance stocks higher, while shares of McDonald's declined after the fast-food chain's turnaround plan failed to satiate investors.

Berkshire rose 1.8 percent, giving the biggest boost to the S&P 500 after the insurance and investment conglomerate's results beat forecasts.

At 2:20 p.m. the Dow Jones industrial average rose 67.43 points, or 0.37 percent, to 18,091.49, the S&P 500 gained 8.72 points, or 0.41 percent, to 2,117.01 and the Nasdaq Composite added 18.45 points, or 0.37 percent, to 5,023.84.

Eight of the 10 S&P sectors were positive, with the financials index gaining 0.82 percent and the utilities index 1.1 percent higher.   Continuación...