MARKET SNAPSHOT: US Stock Market Gets Upbeat Signal From Buffett

Berkshire Hathaway Inc.'s blockbuster deal for Burlington Northern Santa FeCorp. should offer a positive jolt to the broader U.S. stock market, which tendsto follow the lead of the transportation sector.

"Rails in particular, but transportation in general tend to lead the market,"according to Owen Fitzpatrick, head of the U.S. equity group at Deutsche Bank.

Early Tuesday, Berkshire Hathaway (BRKB)(BRKA) said it would spend $44 billionto buy out the rest of railroad operator Burlington Northern Santa Fe (BNI) thatit didn't already own. .

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