Friday, June 29, 2007

US STOCKS-Indexes rise on tame inflation

(Reuters) - NEW YORK, June 29 - U.S. stocks rose on Friday
after a inflation gauge watched by the Federal Reserve showed
its lowest reading since March 2004, putting the Dow
industrials on track to end the quarter on a strong note.




Among top gainers, shares of Research In Motion Ltd.
surged after the BlackBerry maker posted a
quarterly profit above Wall Street estimates and announced a
3-for-1 share split. The results triggered a flood of
brokerage upgrades. For details, see [ID:nN2838412.


Read more at Reuters.com Bonds News

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