Stocks Rise at Open Amid Economic Data

U.S. stocks gained at the open on Monday, helped by upbeat European manufacturing data and a stronger-than-expected
report on U.S. industrial production. The Dow climbed lately 168.22 points, or 1.07%, to 15,923.58. The S&P 500 was up 15.71 points, or 0.88%, to 1,791.03. The Nasdaq Composite tacked on 38.30 points, or 0.96%, to 4,039.27.

The Federal Reserve said Monday that industrial production climbed 1.1% in November, the biggest percentage rise since
Nov. 2012. Also, October production was revised up to a 0.1% gain from a previously reported 0.1% drop.

American International Group Inc (AIG) reached a deal to sell its 100% interest in International Lease Finance Corp to
AerCap Holdings N.V. Total consideration for the deal is $3 billion in cash and 97.56 million newly issued AerCap
common shares, giving the deal a total value of about $5.4 billion.

French retailer Carrefour (CA.FR) Monday said it will buy a portfolio of European shopping malls for 2 billion euros
($2.76 billion) from Klepierre SA (LI.FR), a French real estate company, in a bid to boost its hypermarket business.