Monday, July 9, 2007

U.S. Stocks Gain, Paced by Alcoa, Boeing; S&P 500 Index Rises for 5th Day

(Bloomberg) -- U.S. stocks rose and the Standard &
Poor's 500 Index gained for a fifth straight day on speculation
second-quarter earnings will beat analysts' estimates.

Alcoa Inc., the first Dow Jones Industrial Average company
scheduled to report results, paced the 30-stock gauge's
advance. The world's second-biggest aluminum maker will
announce its earnings after the close of trading today. Boeing
Co., the world's second-largest commercial airplane maker,
climbed on reports it received orders for its 787 Dreamliner.


Read more at Bloomberg Stocks News

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