Friday, June 15, 2007

US STOCKS-Wall St rallies for 3rd session after tame CPI

(Reuters) - NEW YORK, June 15 - U.S. stocks rose for a third
straight day on Friday after tame consumer price data put
aside inflation fears, while an upgrade of bellwether Intel
helped fuel gains in the tech sector.




The Nasdaq climbed to its highest in more than six years,
while the Dow finished the week within about 53 points of its
all-time high, as favorable economic and corporate news
overshadowed worries about interest rates that dominated the
market earlier in the week.


Read more at Reuters.com Bonds News

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