Friday, June 8, 2007

US STOCKS-Wall St rallies on cheaper oil, lower bond yields

(Reuters) - NEW YORK, June 8 - U.S. stocks closed higher on
Friday after a three-day slide as bond yields retreated and oil
prices fell, easing worries about rising borrowing costs and
inflation.




A flurry of encouraging corporate news, including a strong
monthly sales report from McDonald's Corp. lent
support.


Read more at Reuters.com Bonds News

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