(Reuters) - NEW YORK, Aug 6 - U.S. stock futures edged higher
on Monday as fallout from the housing slump fanned speculation
the Federal Reserve may adopt a policy statement that reassures
investors worried about the economy's health.
In a positive note for the battered financial services
sector, UBS raised its rating on shares of brokerage Merrill
Lynch to a "buy" from "neutral," according to
theflyonthewall.com. Merrill shares rose 2.1 percent to $71.51
before the bell.
Read more at Reuters.com Bonds News
on Monday as fallout from the housing slump fanned speculation
the Federal Reserve may adopt a policy statement that reassures
investors worried about the economy's health.
In a positive note for the battered financial services
sector, UBS raised its rating on shares of brokerage Merrill
Lynch to a "buy" from "neutral," according to
theflyonthewall.com. Merrill shares rose 2.1 percent to $71.51
before the bell.
Read more at Reuters.com Bonds News
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