Tuesday, May 8, 2007

US STOCKS-Wall Street finishes flat ahead of Fed meeting

(Reuters) - NEW YORK, May 8 - U.S. stocks closed flat on Tuesday as investors locked in profits after five straight sessions of gains in blue chips, a day before the Federal Reserve's meeting on interest-rate policy.

After starting the session sharply lower, indexes clawed their way back as investors saw the decline as the first buying opportunity in more than a week. Resilience in the transportation sector also curbed the market's fall.


Read more at Reuters.com Bonds News

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