US STOCKS-Wall St up for second straight session in broad rally

lunes 11 de agosto de 2014 11:46 GYT

* Priceline shares rally after results, lifting Expedia

* MannKind signs agreement with Sanofi, shares jump

* Kinder Morgan up on $70 bln deal to consolidate assets

* Indexes up: Dow 0.4 pct, S&P 0.6 pct, Nasdaq 1 pct (Updates to midday trading)

By Ryan Vlastelica

NEW YORK, Aug 11 (Reuters) - U.S. stocks rose broadly on Monday, extending Friday's sharp rally as recent uncertainty pertaining to Ukraine and the Middle East appeared to ease, while Priceline rallied on its results.

All ten primary S&P 500 sectors were higher on the day, and more than three-fourths of stocks traded on both the New York Stock Exchange and Nasdaq were higher on the day.

On Friday, major indexes posted their best day since March on news that Russia was ending military drills near the Ukrainian border, a move seen as indicating Russia would not send troops into Ukraine anytime soon.

Despite that, NATO chief Anders Fogh Rasmussen said he saw a "high probability" that Russia could intervene militarily and that NATO detected no sign that Moscow was pulling back thousands of troops from close to the Ukrainian border.   Continuación...