Friday, May 18, 2007

US STOCKS-Indexes gain on takeovers, sentiment data

(Reuters) - NEW YORK, May 18 - U.S. stocks advanced on
Friday, sending the Dow to a record high and putting the S&P
500 on track for a 7th straight week of gains, as more takeover
activity and sentiment data boosted the outlook for equities.




News that consumer sentiment improved more than expected in
May despite rising gasoline prices reassured investors about
the economy's strength and supported the market.


Read more at Reuters.com Bonds News

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