U.S. Stocks Gain After Inflation Gauge Matches Forecast; Apple Shares Gain

(Bloomberg) -- U.S. stocks advanced after a
government report showed a measure of inflation matched
forecasts last month, giving the Federal Reserve leeway to cut
interest rates should the economy slow.

Research In Motion Ltd. rallied after the maker of the
BlackBerry e-mail phone reported first-quarter earnings that
topped analysts' estimates. Apple Inc. climbed on the day its
iPhone goes on sale in the U.S.


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