Friday, April 13, 2007

US STOCKS-Core PPI lifts shares, Merck helps Dow

(Reuters) - NEW YORK, April 13 - U.S. stocks gained on Friday after government data showed producer prices, excluding food and energy, were unchanged in March, easing fears about inflation and higher interest rates.

Earnings news also helped stocks. Drug maker Merck & Co. lifted its outlook for first-quarter and full-year profits, while conglomerate General Electric Co. reported a rise in profit.


Read more at Reuters.com Bonds News

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