Monday, June 4, 2007

U.S. Stocks Rise, Led by Energy Producers; Wal-Mart Stores Shares Advance

(Bloomberg) -- America's equity benchmarks climbed
to records again on analyst upgrades of Wal-Mart Stores Inc. and
a rise in oil prices that buoyed energy shares.

Wal-Mart, the world's largest retailer, led the S&P 500 to
its fourth consecutive peak and the Dow Jones Industrial Average
to its 27th this year after four brokerages recommended the
company because of its planned $15 billion share-buyback plan.
Oil and gas companies climbed to a high after the price of crude
surged above $66 a barrel on concern supplies from Nigeria may
be disrupted.


Read more at Bloomberg Stocks News

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