\u0026 # x27; Wall Street opens with thick pluses \u0026 # x27;

new york (afn) - The stock exchanges in New York are expected to open on Monday with considerable profits. Friday was already a clear recovery on Wall Street of the heavy price falls earlier in the week.

Attention will be paid, among other things, to the infrastructure investment plans that President Donald Trump will present later in the day.

Trump has plans to pump 200 billion dollars in infrastructure projects in the US such as roads, bridges and airports. Local governments and private investors would have to invest another $ 1500 billion in infrastructure investments. The expectation of large investments in infrastructure projects contributed to the strong growth in the stock markets since the Trump election.

Among other companies, IT service provider CSRA can count on the interest of investors. That company, which supplies many IT services to the US government, is taken over by 9.6 billion dollars (including debt) by the defense group General Dynamics. The CSRA share will increase sharply as a result of the preliminary grant.

Brands International, the parent company of, among others, Burger King, came up with figures. The profit in the fourth quarter went up considerably.

Chip company Qualcomm seems to make a leap. Broadcom employs more than $ 100 billion in financing for the acquisition of Qualcomm. On Friday, Qualcomm rejected yet another $ 123 billion increase in broad takeover bid from Broadcom.

Biotechnologist Axovant Sciences is considerably lower in trade beforehand. The CEO and Chief Executive Officer have announced their departure because they want to pursue other career opportunities. Since the end of September, the rate of Axovant has fallen sharply after setbacks with tests for medication against Alzheimer's disease and dementia.

In the macroeconomic field, the agenda is virtually empty. Later this week, data will be published on, among other things, inflation and store sales in the US, plus information on producer prices, housing and US consumer confidence.

The stock exchanges in New York ended considerably higher on Friday after a whimsical trading day. The Dow-Jones index climbed 1.4 percent to 24. 190.90 points. The broad S \u0026 amp; P 500 rose 1.5 percent to 2619.55 points and the technology exchange Nasdaq gained 1.4 percent to 6874.49 points.